Road accident deaths drop by 50% in Saudi Arabia    SR 3.95 million fines for 3 employees of a company and 6-month jail for one for violating Capital Market Law    Qassim emir launches 52 health projects costing a total of SR456 million    BD and INS partner to elevate standards of infusion care in MENAT    Dubai Design Week launches its 10th edition, celebrating creativity and innovation    GASTAT: Passengers of public transport bus and train soar 176% and 33% respectively in 2023    Fakeeh Care Group reports 9M-2024 net profit of SR195.3 million, up 49% y-o-y driven by solid revenue growth and robust profitability    Italy's 'Libra' to arrive in Albania with just eight migrants on board    South Africa shuts border crossing with Mozambique over poll unrest    French families sue TikTok over harmful content that allegedly led to suicides    Harris tells supporters 'never give up' and urges peaceful transfer of power    HRT does not impact life expectancy — UK health body    Liam Payne's body to be flown back to the UK    Suspect arrested for banking fraud totaling SR493 million as Nazaha pursues corruption charges    Arab leaders and heads of state congratulate US President-elect Donald Trump    Neymar suffers muscle tear, out for 4-6 weeks    Crown Prince hails Saudi medical team that performed world's first fully robotic heart transplant    Al Nassr secures 5-1 victory over Al Ain to edge closer to knockout stage    Al Ahli extends perfect start with 5-1 victory over Al Shorta    Mitrovic's hat-trick leads Al Hilal to 3-0 victory over Esteghlal    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Dubai International Boat Show '15 strengthens international footprint
Published in The Saudi Gazette on 25 - 01 - 2015

The 23rd edition of Dubai International Boat Show at Dubai International Marine Club - Mina Seyahi, running on March 3-7, 2015, will feature the return of the German Boat and Shipbuilders Association (DBSV) after a short hiatus, alongside new country exhibitors with Luxembourg, Indonesia and Spain.
Strong international exhibitor participation in the upcoming Dubai International Boat Show from the world's boat manufacturing hubs, Australia, China, Germany, Italy, US, UK, France and Turkey is a clear sign that appetite for luxury spending has returned in full force, said organizers Dubai World Trade Centre (DWTC).
Consumption of luxury goods in the Middle East climbed 11 percent last year, according to a report by consultant Bain & Co., while the global luxury market rose 5 percent to an estimated €223 billion. Spending on yachts increased 2 percent, according to Bain & Co.
The 23rd edition of Dubai International Boat Show at Dubai International Marine Club - Mina Seyahi, running on March 3-7, 2015, will feature the return of the German Boat and Shipbuilders Association (DBSV) after a short hiatus, alongside new country exhibitors with Luxembourg, Indonesia and Spain.
It is open to trade visitors and the general public from 3 p.m. – 9.30 p.m. daily.
New exhibitors from Italy include Genial Yachts and Comar Yachts, a yacht manufacturer that is moving its entire production facility to the UAE. Dubai International Boat Show will also welcome Bel Monte Boats, a new company from Luxembourg, and SAY Yachts, a catamaran and sailing yacht designer from Germany.
Boat manufacturing giants make strong return
“The Middle East is an important market for German yards and equipment manufacturers, so we have decided to return with a stand to the Dubai International Boat Show, to renew existing contacts and make new ones,” said Claus-Ehlert Meyer, Managing Director, German Boat and Shipbuilders Association. “By participating in the event, we can highlight the label “Made in Germany” and make Germany even better known internationally as a center of yacht building. The fact that the biggest yachts in the world for many years are currently built in Germany, demonstrates that all the essential factors are present: the engineering, the size of the building berths, the infrastructure, the quality of the suppliers, and the expertise of the yard workers.”
The 2015 edition of the Dubai International Boat Show will also feature a solid presence from China as the Chinese luxury yacht market continues to see growth, with yachting becoming more popular with the nation's increasingly affluent consumers. According to a report by Boston Consulting Group, China's private financial wealth is expected to increase from $22 trillion to $40 trillion by 2018.
According to ShowBoats International's 2015 Global Order Book, China was the eighth-highest nation for superyacht construction, with 28 projects totaling over 1,000 meters, compared with 26 projects amounting to 900 meters for the 2014 edition.
Commenting on Australia's participation at Dubai International Boat Show 2015, MaryAnne Edwards, Chief Executive, Australian International Marine Export Group & Superyacht Australia said: “We have been a long-term exhibitor at the Dubai International Boat Show, as it is very much a key show for us in terms of developing our presence in the region. We also are looking at avenues to promote Australia as a destination for the global Superyacht fleet and promote our capability to service these yachts when they come to Australia. With the growing presence of superyachts at the show, we now may look also at this event to showcase our Superyacht sector.” — SG


Clic here to read the story from its source.