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 fasst 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
 Nov 28 2015 - UAE's international sphere inks contract with LiechtensteinMENAFN
(MENAFN) UAE based investment firm signed a business contract with the Liechtenstein Foundation for State Governance.Moreover; global sphere will organize the important approvals from African ...

 Nov 28 2015 - Saudi's National Trans and Despatch Co. gets USD 4.5mn for power projectMENAFN
(MENAFN) National Transmission and Despatch Co. Limited (NTDCL) and United Bank Limited signed a finance facility of USD 4.5mn for building a 270km transmission line.Furthermore; this investment ...

 Nov 28 2015 - Qatar fund plan gives optimism for the blindMENAFN
(MENAFN) Qatar fund plan is giving hope for millions of children suffering from blind issues, the donation worth USD 8mn.Furthermore, the joint "Qatar Creating Vision" plan will fund surgical ...

 Nov 28 2015 - Saudi- Schools to improve science educationArab News
(MENAFN - Arab News) JEDDAH: The Ministry of Education and King Abdulaziz City for Science and Technology (KACST) have signed several agreements to boost science and technology teaching at schools. ...

 Nov 28 2015 - MCI judged best e govt department in GCCArab News
(MENAFN - Arab News) RIYADH: The Ministry of Commerce and Industry (MCI) won the award for providing the Best E-Government Service among Gulf Cooperation Council countries. The award 'Best ...

 Nov 28 2015 - Saudi- Al Qaeda supporter gets 19 yearsArab News
(MENAFN - Arab News) JEDDAH: A special court has sentenced a Syrian national to 19 years in jail for supporting Al-Qaeda and other terror-related activities. The sentence includes three years for ...

 Nov 28 2015 - Saudi- 67 of visits to emergency 'not urgentArab News
(MENAFN - Arab News) JEDDAH: A whopping 67 percent of people who seek help at the emergency units of hospitals do not need urgent attention says a study. The research published by a local ...

 Nov 28 2015 - Saudi- Be ready for new wet cold spellArab News
(MENAFN - Arab News) RIYADH: Another wave of bad weather is likely to affect the Kingdom Tuesday through Friday. The Presidency of Meteorology and Environment (PME) announced Friday that rains ...

 Nov 28 2015 - Saudi- Researchers trying to turn roadside weed into biofuelArab News
(MENAFN - Arab News) RENO Nevada: Three decades ago a University of Nevada researcher who secured one of the first Energy Department grants to study the potential to turn plants into biofuels became ...

 Nov 28 2015 - Saudi- Six win Abdul Aziz Book AwardArab News
(MENAFN - Arab News) RIYADH: Six winners five authors and a researcher from scientific and educational institutions have been announced as winners in the King Abdul Aziz Book Award this year. The ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

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


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


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