Tag: Announcement

Saudi Arabia Destination AMAALA Triple Bay Set to Open “In the coming months,” Developer Red Sea Global Says

AMAALA Triple Bay, one of Saudi Arabia’s superyacht destinations, has received an opening date. Participating in the TOURISE Summit in Riyadh, Saudi Arabia, real estate developer Red Sea Global (RSG) has announced that the first phase of the project is scheduled to launch in the coming months. Phase one of AMAALA boasts six resorts, including…
Gulf Craft to Offer Cryptocurrency Payment Solutions for Boat Purchases

UAE builder Gulf Craft has announced that it will start accepting fully-regulated crypto-payments for boat purchases, services, and refit works. To facilitate smoother transactions to international buyers, the shipyard is partnering with ARIP Pay, a Bahraini licensed fintech provider, a service that converts stablecoins such as ASDC or USDT into AED or other traditional currencies. …
2025 Abu Dhabi Maritime Awards Announced, Seven Marina Categories Added

Abu Dhabi Maritime, a subsidiary of AD Ports Group, has announced the return of the Abu Dhabi Maritime Awards to take place on 20 November 2025, at the Abu Dhabi International Boat Show, with new additions to the categories for both project and individual-based achievements. Hosted in collaboration with the Integrated Transport Centre, part of…
Yacht-Manufacturing Training Facility Opened at Gulf Craft’s Shipyard

UAE-based shipyard Gulf Craft has announced the opening of a new purpose-built yacht manufacturing training centre at its Umm Al Quwain shipyard. New recruits and existing staff members will receive over 3000 hours of training annually, learning the ropes on all of Gulf Craft’s brands: Majesty, Nomad, Oryx, and SilverCat. RELATED: Mohammed AlShaali – A…
AMAALA To Host The Ocean Race Finale in 2027

Luxury development AMAALA will host the finish to the 2027 Ocean Race, Red Sea Global has announced. This partnership marks the first time in Ocean Race’s 51-year history that sailors will compete in Red Sea Waters. Founded in 1973, The Ocean Race is a prestigious sailing competition focusing on the intersection of sports and sustainability,…
Gulf Craft Group appoints new CEO Yannis Haidis; undergoes corporate restructuring

After the corporate restructuring by UAE-based shipyard Gulf Craft, announcing the formation of Gulf Craft Group at the Dubai International Boat Show this past February, the shipyard appointed Yannis Haidis as the new chief executive officer. Haidis arrives at Gulf Craft with over 30 years of experience, with multiple tenures at major multinational FMCG corporations…
Al Seer Marine appoints Gunther Alvarado as new Deputy Chief Executive Officer

Marine equipment and supplies company Al Seer Marine has appointed Gunther Alvarado as new Deputy Chief Executive Officer. Spending over 10 years with the company, Alvarado assumed a variety of roles, starting as a Technical Manager, moving to the Head of Yacht Management and Operations and Chief Operating Officer thereafter. According to a press release…
Qatar Boat Show announced for November 6-9 2024

On March 5th, 2024, a grand pre-launch took place in Doha, Qatar to announce the first-ever Qatar Boat Show (QBS), with the industry’s key players in attendance. The event, which prognosticates 20,000 visitors and 500 exhibitors, will take place between November 6 and November 9 2024 at the Old Doha Port. Over the past few years,…