Saudi Red Sea Authority broadens yacht rental licensing
The Saudi Red Sea Authority has issued a license to Alif and Seven Hundred and Sixty Limited for yacht rentals, aimed at regulating the marine tourism sector, enhancing its quality, and protecting the marine environment in the Red Sea. The license seeks to improve the efficiency of the activity, expand tourism options, attract investments, and create new employment opportunities. As a result, the total number of licenses has increased to 9 by the second quarter of 2026, in line with Saudi Arabia's Vision 2030.
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