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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

IGY Marinas to run Wynn Al Marjan Island Marina in the UAE
2025-07-16T09:51:00+01:00By Mike Derrett
Set to open in 2027, the marina is just 50 minutes from Dubai International Airport
Beirut boosts yachting status with new Privé lounge
2025-07-14T11:30:00+01:00By David Robinson
This first location of a new network of lounges available for meetings, privates events and other gatherings
Dubai Harbour is first Middle East location for Freedom Boat Club
2025-07-09T13:12:00+01:00By Tony Esposito
FBC Dubai is scheduled to open this autumn

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People - Middle East

Turkish yard strengthens marina division with new manager
2025-05-22T11:30:00+01:00By Bahar Öztürk
Can Polat joins Ağanlar Shipyard & Marina with immediate effect
Turkish yacht construction and refit firm expands into US market
2025-05-08T13:53:00+01:00
Tufan and Brothers Yachting Co appoints US brand representatives
Erwin Bamps returns as Gulf Craft CEO
2025-04-30T11:30:00+01:00By Mike Derrett
The appointment will support UAE builder’s next phase of growth across key markets

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