المملكة: The Red Sea issues the first licenses for yacht charter companies in the Kingdom

The Saudi Red Sea Authority issued 3 licenses to yacht charter companies for the first time in the Kingdom, with the aim of improving coastal tourism services and supporting the tourism economy, thus contributing to achieving the goals of Saudi Vision 2030.
The step comes as an extension of the Authority’s accelerated steps to build the coastal tourism sector by implementing its main tasks, including developing the policies, strategies, plans, programs and initiatives necessary to organize navigational and marine tourism activities, and the activities of tourist marinas, issuing the necessary licenses and permits to organize these activities, and encouraging and attracting investment. In it.
The licenses issued aim to allow companies to rent yachts within the geographical scope of the Kingdom in the Red Sea, based on the regulatory regulations for renting mega yachts issued by the Saudi Red Sea Authority.

Yacht rental

The Authority grants a yacht rental license to companies after verifying that all regulatory requirements for issuing the license are met, the most prominent of which are: compliance with all of the Authority’s requirements and requirements, that the rented yachts are seaworthy and apply the highest security, safety and environmental standards locally and internationally, and adherence to all applicable regulations in the Kingdom.
The licenses issued by the Authority contribute to achieving an effective impact in regulating coastal tourism activities, expanding the provision of various tourism services, attracting investment and increasing the flow of tourists, growing yachting activity, and providing new job opportunities, which contributes to supporting the national economy.
It is noteworthy that issuing licenses to yacht rental companies comes as an extension of the Authority’s efforts to regulate navigational and marine tourism activities, including issuing licenses to a number of tourist navigational agents and operators of tourist marinas in the Red Sea, which contributes to the development of coastal tourism and achieves its attractiveness.