Tag: Development

A new yacht club and marina planned in Muscat as part of $390 million tourism project

Four Seasons is bringing a marina and yacht club to Muscat, Oman, as part of a new $390 million ( RO 150 Million) tourism complex. On March 31st, the Ministry of Heritage and Tourism and Oman Tourism Development Company signed an agreement to establish development in Al Bustan. INTERVIEW: Turn left for servicing: With Gulf…

Egypt to build 150-berth yacht marina as part of $1 Billion Development IL Monte Galala

Egypt’s state institutions and the private sector have joined forces to boost the country’s tourism offerings with the announcement of Il Mont Galala Towers and Marina project. Announced last week in Cairo by Tatweer Misr, the project’s lead developer, the mixed-use development, valued at $1.06 billion, will be situated in Ain Sokhna on the Western…

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…