The Saudi Red Sea Authority (SRSA) has granted the first six licenses for tourist yacht agents in Saudi Arabia.
This new move of license for tourist yacht comes as part of the authority’s efforts to develop a thriving coastal tourism sector and attract practitioners of navigational and marine tourism activities, and strengthen local content in line with the goals of Saudi Vision 2030.
The initiative underscores the authority’s commitment to regulating maritime and tourist activities and creating an inviting environment for tourists, investors, and industry professionals in the Red Sea as a leading global destination, aligning with Saudi Vision 2030.
The list of licensed tourist yacht agents includes both national and international companies: Faisal M. Higgi & Associates Co. Ltd., Yusuf bin Ahmed Kanoo, HASCO Group, Hill Robinson, JLS Yachts LLC, and GAC.
The issuance of these tourist yacht licenses for coastal and maritime tourism activities is a key part of SRSA’s mandate, aiming to promote investments, identify infrastructure needs, and safeguard the marine environment within the Kingdom’s borders.
By pursuing these objectives, the authority aims to cultivate a dynamic coastal tourism sector that contributes to realizing the goals of Vision 2030.
Through this recent development, SRSA seeks to streamline access and departure procedures at tourist marinas and ports, oversee tourist logistics, and facilitate customs processes. The licenses signify a major leap in the advancement of coastal tourism in Saudi Arabia.
Recently, SRSA issued Saudi Arabia’s first-ever regulation for Saudi yachts within the geographical scope, which regulates yachts’ activities, outlines necessary requirements and conditions, and oversees the issuance of tourism and leisure licenses and permits.
