The Business of Middle East Superyachting

Tag: UAE

  • Interview – Phathom Studio

    Interview – Phathom Studio

    As soon as the 34.l-meter Majesty 111 made her debut in 2023, she was met with wide acclaim by industry veterans and enthusiasts alike. This adulation is chiefly attributed to a new design team reimagining the direction of the Majesty 111, Phathom Studio. The Majesty line, the flagship series of UAE-based builder Gulf Craft, are…

  • Dubai International Boat Show signs long-term deal with current venue Dubai Harbour 

    Dubai International Boat Show signs long-term deal with current venue Dubai Harbour 

    The Dubai International Boat Show (DIBS) will continue its existing relationship with Dubai Harbour following the successful 30th edition of the show.  DIBS, a staple of the Middle Eastern maritime calendar, has been residing in Dubai Harbour since its return in 2022. The partnership finds an agreement to invest in more infrastructure to serve future…

  • The new UAE Maritime Code allows any foreign entity to fly the UAE flag, will its absence from the Paris White List prove to be a detriment?

    The new UAE Maritime Code allows any foreign entity to fly the UAE flag, will its absence from the Paris White List prove to be a detriment?

    For owners in the early stages of owning a yacht, the choice of flag serves as the most crucial decision to make, as it will have a direct effect on every aspect of ownership from tax,  privacy, functionality, and exposure to liability.   On March 24th, the UAE will promulgate its 2023 Maritime Law Code. The…

  • The Environmental Landscape of the Superyacht Sector in The Middle East

    The Environmental Landscape of the Superyacht Sector in The Middle East

    In recent years, The Middle East has been gearing towards establishing itself as a superyacht destination that would welcome owners worldwide to extend their peregrinations to the region, a prospect that is particularly appealing during the winter time but offered all year round. Developments ranging from the United Arab Emirates’ world-class Harbour and Mina Rashed…