Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

DMCA launches new license issuance initiatives for foreign yachts for Dubai International Boat Show 2014  Join our daily free Newsletter

MENAFN Press - 24/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) The Dubai Maritime City Authority (DMCA) has introduced a series of new initiatives for facilitating the issuance of official permits for foreign yachts participating at the 2014 Dubai International Boat Show 2014 running from March 4 to 8, 2014 at the Dubai International Marine Club in Mina Seyahi. The initiatives are in line with the Authority's commitment to supporting the largest, most important and most established maritime event of its kind in the region,

DMCA announced its new initiatives during a coordination meeting held in the presence of senior officials of the Dubai Coast Guard, Dubai Customs, and the General Directorate of Residency and Foreigners Affairs-Dubai. The session focused on to the development of a unified mechanism for ensuring the smooth progress of work in line with efforts to ensure the success of the 22nd edition of the fastest growing leisure marine industry exhibition in the world. The current edition has posted a 12 per cent increase in the number of participating exhibitors.

Ali Al Dabbous, Executive Director of Operations, Dubai Maritime City Authority, said: "The issuance of official permits for foreign yachts forms part of our strategy of creating a safe and sustainable environment that is able to respond effectively to rapid changes, keep up with emerging trends, attract regional and international investors, and establish Dubai as a leading global maritime hub. Our cooperation with the General Directorate Of Residency And Foreigners Affairs-Dubai is an important step towards strengthening the UAE's status as a key player in the international yachting industry.





"We are pleased to be part of ongoing efforts to promote Dubai International Boat Show as one of the world's leading luxury yachting and boating events. The guidelines on Foreign Yachts Permits definitely serve as a key regulatory addition to this prestigious long-standing maritime event. DMCA is highly committed to offering all facilities and services in support of the 22nd edition which is poised to showcase the largest collection ever of luxury yachts on water. The show will display a variety of boats which will be making their regional and even global debuts to meet the remarkable growth in the world's leisure and luxury cruising market," Dabbous added.



The issuance of Foreign Yachts Permits is part of the first-ever batch of maritime licensing services for recreational, commercial, sports, tourist and traditional marine vessels within Dubai's waters. The permits are given only upon strict compliance with Dubai's technical specifications, local maritime safety systems, and eco-friendly requirements.



"The renewable Foreign Yachts Permits are valid for three months and allow foreign marine vessels to sail within Dubai waters. We intend to continue coordinating closely with concerned local entities such as marine clubs and waterfront hotels to facilitate efficient licensing mechanisms and enable foreign marine vessel owners to license their vessels seamlessly and promptly," concluded Adel Kalantar, Head “ Registration and Licensing Department, Dubai Maritime City Authority



About DMCA
DMCA

 


MENAFN Press




  MENA News Headlines
 Jan 28 2015 - Gulf states to rethink monetary policyMENAFN
(MENAFN) Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next five to 10 years as economic cycles in the region and the US ...

 Jan 28 2015 - DIB picks arrangers for potential Tier 1 sukukKhaleej Times
(MENAFN - Khaleej Times) Dubai - Dubai Islamic Bank, or DIB, said on Tuesday that it picked eight banks to arrange roadshows from January 8 for a potential benchmark size dollar-denominated sukuk ...

 Jan 28 2015 - What next for Londonium and Barclays?Khaleej Times
(MENAFN - Khaleej Times) I have tried to visit Britain on the eve of every general election since the end of the Thatcher era (by Tory regicide, not the ballot box) in November 1990 in search of ...

 Jan 28 2015 - Emirates NBD - holding the banking fortKhaleej Times
(MENAFN - Khaleej Times) The banking industry looks set to sustain positive trends this year due to strong macroeconomic economic indicators, sufficient liquidity and low interest rates in the ...

 Jan 28 2015 - China pumps cash into banks in a bid to accelerate growthKhaleej Times
(MENAFN - Khaleej Times) Beijing - China's central bank has bolstered support for the cooling Chinese economy by injecting another 50 billion yuan ($8.1 billion) worth of short-term loans into banks ...

 Jan 28 2015 - Union National Bank posts 16% jump in annual earningsKhaleej Times
(MENAFN - Khaleej Times) People walking past a Union National Bank branch in Dubai. The total assets of the UNB Group increased by seven per cent in 2014 to Dh93.5 billion as at December 31, 2014. - ...

 Jan 28 2015 - Gulf Arab countries may need to rethink policy: Qatari bankerKhaleej Times
(MENAFN - Khaleej Times) Dubai - Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next five to 10 years as economic cycles in ...

 Jan 28 2015 - GCC retail sector on growth pathKhaleej Times
(MENAFN - Khaleej Times) Dubai - GCC retail sales are expected to grow at a 7.3 per cent compound annual growth rate (CAGR) between 2013 and 2018 to reach $284.5 billion, according to Alpen ...

 Jan 28 2015 - Dubai International airport crowned as world's busiestKhaleej Times
(MENAFN - Khaleej Times) The airport's passenger numbers boosted by 6.1 per cent to 70.5 million in 2014 and pushed the Heathrow down to the second position as London's top airport handled 68.1 ...

 Jan 28 2015 - Sharjah's Dh17.7b budget to ensure economic upliftKhaleej Times
(MENAFN - Khaleej Times) Sharjah - His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Tuesday approved the 2015 general budget of the emirate ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help