The Business of Middle East Superyachting

Tag: Saudi Arabia

  • NEOM Superyacht Guide – Saudi Arabia’s Ultra-Luxury Destination

    NEOM Superyacht Guide – Saudi Arabia’s Ultra-Luxury Destination

    Saudi Arabia’s new destination is set to transform the red-sea into an international superyacht destination

  • MarineMax Appoints Steven English as Chief Executive Officer of IGY Marinas

    MarineMax Appoints Steven English as Chief Executive Officer of IGY Marinas

    September 17th, 2024 – IGY Marinas,  a subsidiary of superyacht services company MarineMax, appointed Steven English as Chief Executive Officer. English joined IGY in 2007 as Executive Vice President overseeing dispositions and joint ventures in marinas across Europe and the Middle East, before transitioning to the role of Executive Vice President when IGY was acquired…

  • 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.

  • Luxury Destination AMAALA Moving Forward After $6bn Contract Is Awarded

    Luxury Destination AMAALA Moving Forward After $6bn Contract Is Awarded

    September 09 2024 – Saudi Arabian Developer Red Sea Global is moving forward with luxury-development AMAALA after 600 contracts totaling $6.13bn were awarded to date to various partners including  Al Rawabi Hassan Allam, Shapoorji Pallonji Group, DEPA Group, Alec Engineering and Contracting, Havelock One and AL-AYUNI Investment and Contracting Company. Part of Saudi Arabia’s 2030…

  • Red Sea Authority Issues First Regulations for Saudi Yachts

    Red Sea Authority Issues First Regulations for Saudi Yachts

    September 06 2024 – The Saudi Red Sea Authority has announced new regulations for yacht cruising in the Red Sea.  The regulations lay out the fundamental requirements and conditions for using yachts in the Red Sea, from requirements for safe access from marinas to yachts, conditions for obtaining a technical license, conditions for safe use…

  • Candela to Provide Luxury Destination NEOM with P-12  Foiler Shuttles.

    Candela to Provide Luxury Destination NEOM with P-12 Foiler Shuttles.

    NEOM commission eight environmentally friendly P-12 foiler boats for the destination’s planned water network by Swedish builder Candela.

  • Red Sea Global provides progress update on Triple Bay Marina 

    Red Sea Global provides progress update on Triple Bay Marina 

    Red Sea Global has provided a progress update on ultra-luxury development AMAALA. Part of Saudi Arabia’s 2030 vision, Amaala is an ultra-luxury development situated along the north-western coast of the Kingdom. It will span more than 4,000 square meters, coming in 2025. Inside Amaala is the Triple Bay Yacht Club. With over four levels in the 7,900…

  • Jeddah Yacht Club and Marina launches membership club

    Jeddah Yacht Club and Marina launches membership club

    Known as Saudi Arabia’s first west coast marina, Jeddah Yacht Club & Marina has grown into an exclusive destination. The marina opened its doors in March 2022 and is officially recognized as an entry point to the Kingdom of Saudi Arabia. In June 2024, the Jeddah Yacht Club was officially launched, offering exclusive perks for…

  • NEOM announces new development Jaumur

    NEOM announces new development Jaumur

    NEOM announces new coastal community Jaumur. A superyacht-based community situated alongside the coast of the Gulf of Aqaba, Jaumur is designed to host 6000 residents residing in 700 villas and 500 marina-surrounding apartments. The development will also see two hotels with over 350 rooms and a boarding school. Meanwhile, the marina promenade will feature all-year-round…

  • Saudi Arabia introduces a six-month temporary entry regime for foreign vessels

    Saudi Arabia introduces a six-month temporary entry regime for foreign vessels

    In the next step towards opening up the region as an international yachting destination, the Saudi Red Sea Authority (SRSA), in collaboration with the Zakat, Tax and Customs Authority, released a procedural guide for the temporary entry of foreign tourist marine vessels into Saudi Arabian waters. The temporary entry regime allows any vessel to enter…