Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- 430 boats worth Dh1.8 billion to go on display at Dubai show  Join our daily free Newsletter

MENAFN - Khaleej Times - 28/02/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN -Khaleej Times) Dubai International Boat Show 2014, opening on March 4 at Dubai International Marine Club, will have on display 430 boats valued at Dh1

A star attraction is the largest-ever superyacht. Organisers have confirmed a total of 30 luxury boats exceeding 21 metres, which include 19 superyachts.


The 22nd edition of the region’s leading leisure marine event, organised by Dubai World Trade Centre, will line up 42 global and regional premiers and 750 exhibiting companies and brands. The five-day event is expected to draw 26,000 visitors from 70 countries, organisers said in a statement.


Organisers and other officials at the press conference of Dubai international boat Show 2014 on Wednesday. — Supplied photo


“Reflecting growing international interest in the Middle East as a key maritime market, over 70 per cent of exhibiting companies come from overseas, highlighting the show’s international status. Participating exhibitors hail from more than 50 countries including the Maldives and the Philippines for the first time,” it said.


The 88.5-metre-long superyacht Nirvana, built by Oceanco and exhibited by Edmiston, is one of the world’s top 50 longest superyachts and the exhibition’s largest-ever superyacht to date.


Nirvana features two helipads, six decks, a stage for live performances, a 3D cinema and more. It has a range of 6,800 nautical miles, a maximum speed of 19.5 knots and can accommodate 12 guests in 6 cabins with 27 onboard crew.


Plans for the world’s largest and fastest all-aluminium yacht, the Silver-Fast, which is currently under construction, will be announced by UAE-based BehneMar Yachting Consultancy.


Boat building is a key driver of growth in the maritime industry, as UAE luxury yacht builders plan to build 18 superyachts – those 24 metres and longer – exceeding 850 metres in total, as reported by US-based ShowBoats International Global Order Book 2014.


The definitive guide to the world’s luxury superyacht industry ranked the UAE as the world’s ninth most productive manufacturers of superyachts.


Market research undertaken by Dubai Maritime City Authority reveals that Dubai’s maritime sector is a major income generator for the Emirate, contributing Dh14.4 billion to Dubai’s GDP and supporting more than 75,000 job opportunities. “Dubai is set to become the world’s leisure maritime capital, thanks to modern marina facilities, strong maritime tourism infrastructure, and increasingly-knowledgeable boat-buying customers. Dubai cementing its status as a hub for mega-events is making a major impact on the leisure maritime market, with millions of visitors wanting to experience the UAE from the water,” said Saeed Hareb, vice-president, Dubai International Marine Club and Senior Advisor, Dubai International Boat Show.


According to research by ART Marine Marinas Division, the UAE currently has 30 marinas and 4,816 berths, and 64 marinas and 12,629 berths in the GCC overall, with the UAE accounting for 38 per cent of the entire GCC marina berthing market.



 


Khaleej Times




  MENA News Headlines
 Aug 1 2015 - Qatar Airways refutes US carriers' subsidy claimsMENAFN
(MENAFN) Qatar Airways (QA), in a 'white paper' submitted to the US, has refuted the subsidy allegations against it by the 'Big 3' US carriers.The submission addressed and answered all issues raised ...

 Aug 1 2015 - S&P confirms Doha Insurance rating at 'A'MENAFN
(MENAFN) Standard & Poor's Ratings Services affirmed its 'A' insurer financial strength and counterparty credit ratings on Qatar-based Doha Insurance Co. QSC (DIC). The outlook remains ...

 Aug 1 2015 - Foreign firms eye USD5b Saudi gas projectMENAFN
(MENAFN) Foreign engineering firms have submitted bids to build a gas plant in eastern Saudi Arabia for Saudi Aramco at an estimated cost of USD5 to USD6 billion, industry sources said.Saudi Aramco's ...

 Aug 1 2015 - Qatar- S&P affirms DIC ratings at 'A'The Peninsula
(MENAFN - The Peninsula) Standard & Poor's Ratings Services yesterday affirmed its 'A' insurer financial strength and counterparty credit ratings on Qatar-based Doha Insurance Co. QSC (DIC). The ...

 Aug 1 2015 - Yemen shelling kills 4 on Saudi borderThe Peninsula
(MENAFN - The Peninsula) Rocket fire from war-wracked Yemen on Friday killed threeSaudi soldiers and a member of a paramilitary force, in the deadliest border incident for several weeks, the interior ...

 Aug 1 2015 - Al-Qaeda in Syria attacks US rebel baseThe Peninsula
(MENAFN - The Peninsula) Al-Qaeda's Syria affiliate launched a fierce assault on the headquarters of a US-trained rebel group Friday, while claiming responsibility for capturing members of the ...

 Aug 1 2015 - 4 killed as Saudi private jet crashesThe Peninsula
(MENAFN - The Peninsula) Pilot and three passengers are killed after Saudi private jet crashes into a car dealership near Hampshire airport after overshooting the runway as it tried to land.The small ...

 Aug 1 2015 - Palestinian baby dies in home attackThe Peninsula
(MENAFN - The Peninsula) Suspected Jewish settlers torched a Palestinian home in the occupied West Bank yesterday, killing an 18-month-old boy and seriously injuring his parents and elder brother, an ...

 Aug 1 2015 - Houthis lose ground in Yemen's southThe Peninsula
(MENAFN - The Peninsula) Southern Yemeni fighters backed by a Saudi-led air coalition seized more territory from Houthi militiamen near Aden yesterday, while three Saudi soldiers were killed when the ...

 Aug 1 2015 - Kurdish attack kills two Turkish copsThe Peninsula
(MENAFN - The Peninsula) Two more Turkish police were killed yesterday in an attack blamed on Kurdish militants as tensions in the country boiled over amid the military's cross-border bombing ...

more...


 






Google

Click to Apply

 
 

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