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Middle East: Market Reports

Red Sea and Arab Gulf set for superyacht boom as new refit and repair hubs emerge

2025-06-11T16:51:00+01:00> Subscriber-only, By David Robinson

The region is poised for a major surge in superyacht activity, driven by ambitious developments and growing demand for luxury cruising

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A boatbuilder’s journey - Gulf Craft's Mohammed Al Shaali
2025-04-28T08:47:00+01:00By Mike Derrett
Gulf Craft chairman, Mohammed Al Shaali, reflects on 40-plus years in the industry, development of the Middle East market, and the boatbuilder’s future plans
As it bucks the slowdown, is the Gulf market finally coming of age?
2024-12-12T13:15:00+00:00By Mike Derrett
While most global boating markets are experiencing a downturn in demand, the Gulf market continues to thrive and show positive results despite concerns that the conflict in the Middle East region may slow growth into 2025.
Boating market hots up across the region
2024-04-29T12:19:00+01:00> Subscriber-only, By Mike Derrett
The Gulf leisure boating market is experiencing a boom on the back of record oil and gas prices. IBI investigates
Surging prices take heat out of market
2023-05-03T14:59:00+01:00> Subscriber-only, By Bahar Öztürk
Turkey’s leisure boat sector is proving resilient despite the emotional and economic impact of February’s devastating earthquake and the country’s fragile macro-economic state
Market Update | Gulf market primed for major growth
2022-06-17T12:27:00+01:00By Mike Derrett
The Gulf leisure boating market is on the cusp of a boom on the back of record oil and gas prices. IBI takes the soundings on future prospects

Companies - Middle East

Sunreef Ultima 88 sails 4,800Nm from UAE to debut in Cannes
2026-09-10T11:30:00+01:00By Mike Derrett
The Polish builder also revealed a buoyant order book at its annual press conference
Numarine unveils five interior concepts for new Classic SY line
2026-08-28T11:30:00+01:00By David Robinson
The 38XPC and 39MXPC models are based on proven long-range platforms
Bellini expands dealer network in Europe and the US
2026-08-28T11:30:00+01:00By David Robinson
The Italian builder will have three world premieres at Cannes

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People - Middle East

Bering Yachts adds new shareholder and partner
2026-08-17T11:30:00+01:00By Neil Eaves
Turkish builder brings Maltese businessman into its ownership structure as it targets further growth in the 50m-plus superyacht sector
Seven Yachts hires charter director to drive EU expansion
2026-07-23T11:30:00+01:00By Tony Esposito
Jochem Eenkhoorn joins the UAE-based company to expand its global reach and enhance its client-focused luxury yacht charter services
Numarine strengthens global sales team
2026-07-15T11:30:00+01:00
Turkish builder appoints Bogdan Gusarev for Europe and CIS, expands Salih Küçükoğlu’s role to include Turkey with MENA and APAC

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