Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Commercial marinas to issue yacht sailing permits in KSA

FOR REPRESENTATION PURPOSE ONLY
  • Yacht sailing permits would help in developing and facilitating cruises in the Kingdom’s territorial waters
  • The initiative would ensure support for tourism development and enhance employment in the sector

The Public Transport Authority of Saudi Arabia, in partnership with the General Directorate of Border Guards, said that it would allow the issuance of yacht sailing permits through some commercial marinas.

This initiative aims at developing and facilitating the procedures for yacht cruises in the Kingdom’s territorial waters, ensure support for tourism development and the local marine tourism sector, enhance employment and investment opportunities in the yacht sector.

This initiative will be implemented as the first stage with several commercial marinas.

The announcement was made during a workshop organized by the Public Transport Authority in cooperation with the General Directorate of Border Guards.

The workshop was attended by yacht and marinas owners, and interested personnel in this field.