Tag Archives: Saudi Red Sea Authority

Saudi Red Sea Authority enhances Yacht activities to boost coastal tourism

The Saudi Red Sea Authority (SRSA) is driving significant growth in Saudi Arabia’s coastal tourism sector, supported by ongoing government efforts to position the Kingdom as a leading global tourism destination in line with Vision 2030. With increasing interest in yacht tourism both locally and internationally, SRSA has intensified its regulatory role, issuing comprehensive frameworks such as the Saudi Yacht Regulation, the Visiting Yachts Regulation, the Large Yacht Chartering Regulation, and the Marina Design and Operations Regulation. These efforts aim to enhance marine infrastructure, ensure environmental sustainability, and encourage investment in coastal tourism. In collaboration with its partners, SRSA has accelerated infrastructure development along the Red Sea, issuing 29 tourism licenses that have strengthened the economic landscape for yacht tourism. Among these, 3 licenses were granted to yacht chartering companies, 10 to marina operators, and 5 to technical service providers in leisure and tourism, fostering a thriving marine tourism ecosystem. The Red Sea region, spanning 1,800 km of coastline, is home to over 1,000 islands, 150 pristine beaches, and 3,200 cultural and tourism assets, including heritage villages, vibrant markets, and active maritime ports. Such natural and cultural assets provide a strong foundation for Saudi Arabia’s emerging yacht tourism industry. It was shared by Saudi Press Agency. SRSA has been actively engaged in fostering international partnerships to enhance investment opportunities. It participated in major global yacht and maritime exhibitions, including the Monaco Yacht Show 2023 and the Dubai International Boat Show 2024, with the goal of adopting best practices in yacht tourism and strengthening global collaboration. The authority signed agreements with leading institutions such as the Yacht Club de Monaco and the Prince Albert II of Monaco Foundation to advance Saudi …

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