The Business of Middle East Superyachting

Tag: SRSA

  • Saudi Red Sea Authority Issues New Licenses to NEOM’s Sindalah Marina & Other Yacht Companies

    Saudi Red Sea Authority Issues New Licenses to NEOM’s Sindalah Marina & Other Yacht Companies

    To continue positioning Saudi Arabia as a global superyacht destination, The Saudi Red Sea Authority (SRSA)  has granted 12 new licenses for the purposes of marina construction, leisure marine recreation, and cruise ship operations.  Of the permits handed – in out in the past two months – NEOM’s Sindalah Island Marina received a construction license…

  • SRSA Issues First-Ever Yacht Chartering Licenses in Saudi Arabia

    SRSA Issues First-Ever Yacht Chartering Licenses in Saudi Arabia

    For the first time in Saudi Arabia, three yacht chartering companies have received licenses from The Saudi Red Sea Authority (SRSA). Following a verification process ensuring compliance with all SRSA regulations and requirements, Hill Robinson Saudi Limited, Faisal M. Higgi & Associates Co. Ltd, and JLS Yachts Limited have been granted chartering licenses that aim…

  • Saudi Red Sea Authority Grants Operator License to Jeddah Yacht Club & Marina

    Saudi Red Sea Authority Grants Operator License to Jeddah Yacht Club & Marina

    The Saudi Red Sea Authority has issued an operator license to Jeddah Yacht Club and Marina in a move to boost marine tourism and strengthen the Kingdom’s position as a yachting hub. Jeddah Yacht Club and Marina is the first international harbor to receive this license.   The organization, owned by Public Investment Fund subsidiary Sela,…

  • Saudi Red Sea Authority Issue First-Ever Yacht Tourism Licenses

    Saudi Red Sea Authority Issue First-Ever Yacht Tourism Licenses

    For the first time, The Saudi Red Authority (SRSA) has partnered with the Insurance Authority to grant licenses for six tourist yacht agents in Saudi Arabia as the next step in the Saudi Vision 2030 to create a thriving coastal tourism sector in Saudi Arabia.    In an effort to regulate maritime and tourist activities, acknowledge…

  • Recent Developments by the Saudi Red Sea Authority to Establish the Red Sea as a Superyacht Destination

    Recent Developments by the Saudi Red Sea Authority to Establish the Red Sea as a Superyacht Destination

    Since the formation of the Saudi Red Sea Authority in 2021, the government entity has worked towards establishing the Red Sea as a thriving luxury tourism destination, particularly for the tourism industry, and this past month has been no expectation.  At the end of September, SRSA has announced it’s partnership with with The International Council…

  • Saudi Red Sea Authority and ICOMIA Form Partnership  to Boost Superyacht Tourism in the Red Sea

    Saudi Red Sea Authority and ICOMIA Form Partnership to Boost Superyacht Tourism in the Red Sea

    September 26 2024 – The Saudi Red Sea Authority (SRSA) and The International Council of Marine Industry Associations (ICOMIA) have agreed on a new strategic alliance in an effort to boost the region’s coastal tourism sector.  Through the newly formed partnership, ICOMIA plans to work toward this goal with SRSA by establishing connections with the…

  • 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…