The Business of Middle East Superyachting

Tag: Egypt

  • Egypt and Saudi Arabia Officials Meet to Promote Red Sea Tourism

    Egypt and Saudi Arabia Officials Meet to Promote Red Sea Tourism

    Officials from Egypt and Saudi Arabia met to discuss efforts to promote maritime tourism and collaborate on projects in the Red Sea.

  • Reimagining the Suez: Inside Egypt’s Path to Establishing The Next Yachting Destination 

    Reimagining the Suez: Inside Egypt’s Path to Establishing The Next Yachting Destination 

    It was in 1869 when the 145.75-meter Egyptian yacht El Mahrousa became the first ship to pass the Suez Canal, the waterway connecting the Mediterranean Sea and the Red Sea. 150 years later in 2015, the same presidential yacht inaugurated the new Suez Canal extension, an upgrade that dramatically improved the transit of luxury vessels…

  • Suez Canal Authority Announce Reduction of Transit Fees

    Suez Canal Authority Announce Reduction of Transit Fees

    The Suez Canal Authority (SCA) introduced a new 50% reduction of transit fees for any vessel under 300 tons passing the canal. The scheme will run from July 1st – October 1st and aligns with the upcoming Egypt International Boat Show, taking from July 11-14 on Egypt’s north coast at Marassi Bay Marina. 

  • Egypt International Boat Show Announced for July 11-14 2024

    Egypt International Boat Show Announced for July 11-14 2024

    After a 13-year hiatus, the 6th edition of the Egypt International Boat Show was announced for July 11-14, 2024. The event will take place at Marassi Marina Yacht Club, located on Egypt’s North Coast. The show plans to display luxury yachts and motorboats, along with water sports equipment and accessories. Exhibitors include UAE-based builder Gulf…