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الاقتصادية
Saudi Red Sea Authority issues new yacht rental license
The Saudi Red Sea Authority has issued a new license for a yacht rental establishment, bringing the total licenses to nine by the second quarter of 2026. This aims to organize the maritime tourism sector in the kingdom, improve the quality of services, protect the marine environment, and promote investment in maritime and tourism activities along the Red Sea coast. The measures include ensuring compliance with safety and security standards, developing marinas, and regulating yacht rental activities to enhance competition and sustainability within the sector.
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