Tag: yachts
Saudi deputy crown prince said to buy $500m superyacht
Prince Mohammed bin Salman, deputy crown prince of Saudi Arabia, reportedly bought a €500 million ($549 million) superyacht shortly before the kingdom launched its...
Dubai targets one million cruise passengers by 2020
Dubai plans to build a marina for luxury yachts in response to high demand as the emirate is targeting one million cruise passengers per year by 2020, said Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation.
UAE luxury yacht market remains buoyant
Superyachts in the UAE have caught a wave of fresh interest over the last year from residents of the Arabian Gulf, Russian and European tourists.
