The Business of Middle East Superyachting

Tag: Marina Development

  • M3 Monaco and Raunautica partner together to strengthen Egypt’s yacht market

    M3 Monaco and Raunautica partner together to strengthen Egypt’s yacht market

    Marina management company Raunatica has announced a strategic partnership with M3 Monaco to promote the development of Egypt’s yacht tourism sector.  The signed agreement, which took place at Monaco Yacht Club, sets its sights on marina development and long-term growth by supporting the enhancement of marina services and operational standards. It brings together Raunautica’s local…

  • Oman’s Al Khuwair Project Starts Bidding Process for Marina Design & Construction

    Oman’s Al Khuwair Project Starts Bidding Process for Marina Design & Construction

    Oman’s Ministry of Housing and Urban Planning has started the bidding process for the design and construction contract of the Al Khuwair project marina. Want to receive the latest news of the Middle East superyacht market? Sign up for the Maritime Observer newsletter and receive complementary emails straight to your inbox.  Tender documents, made available…

  •  Wynn Al Marjan Island Marina to be Operated by IGY Marinas

     Wynn Al Marjan Island Marina to be Operated by IGY Marinas

    Wynn Resorts has tapped global marina network IGY Marinas to be the marina operator for the upcoming Wynn Al Marjan Island facility.  The property, located in Ras Al Khaimah, UAE, plans to feature a 101-berth superyacht marina that welcomes vessels up to 85 meters in length. The MarineMax subsidiary will assume a number of roles,…

  • Bahrain Marina Project Reaches 50 Percent Completion

    Bahrain Marina Project Reaches 50 Percent Completion

    Bahrain Marina, the flagship waterfront development by Bahrain Marina Development Company, has reached a new construction milestone. The developer announced that phase one of the project has now achieved a 50 percent completion rate, keeping the development on track for the handover to take place in the final quarter of 2026. Maritime Observer Newsletter: Can…

  • Bahrain Marina Project Enters Into An Agreement with United Marina Trading to Construct New Marina 

    Bahrain Marina Project Enters Into An Agreement with United Marina Trading to Construct New Marina 

    One and a half years after construction commenced on the Bahrain Marina Project, Bahrain Marina Development Company has shared a significant update. The company has appointed United Marine Trading (UMT)  to construct a new superyacht-dedicated marina.  UMT, specialists in marina design, construction, and maintenance, will build floating docks that will accommodate up to 167 vessels…

  • Jan De Nul Dredging Awarded $221 million Contract for  Palm Jebel Ali Marine Works

    Jan De Nul Dredging Awarded $221 million Contract for Palm Jebel Ali Marine Works

    Nakheel, a member of Dubai’s real estate arm, has awarded Jan De Nul Dredging LTD. with a $221 million marine works contract for ultra-luxury development Palm Jebel Ali. In the next two years, the group will be overseeing dredging, land reclamation, beach profiling, and sand placement, with the first of eight fonds expected to be…