The Saudi Red Sea Authority has granted 3 new licenses to yacht charter establishments, in a step aimed at developing the regulatory environment for navigational and marine activities in the Red Sea and raising the efficiency of services while protecting the marine environment, supporting the targets of Saudi Vision 2030.
The authority stressed that issuing the new licenses is an extension of its role in regulating marine and navigational activities and creating a more attractive environment for investors, operators and practitioners of these activities, noting that yacht charter licenses are granted after verifying that applicant establishments meet all approved regulatory requirements, according to a post on the Saudi Press Agency.
These requirements include complying with the authority's conditions, ensuring the technical and operational readiness of yachts and applying security, safety and environmental protection standards in line with local regulations and approved standards.
The authority noted that these licenses help regulate the yacht charter activity and raise compliance and reliability in the sector, as well as expanding coastal tourism services, diversifying tourism experiences, attracting investment and creating quality jobs.
It explained that its role includes issuing licenses and permits, setting the controls, rules and standards governing tourist marinas and working to develop them, as well as encouraging investment in marine and navigational activities and enabling their growth within clear regulatory frameworks.
With the issuance of these licenses, the total number of licenses the authority has granted to yacht charter establishments in the Kingdom rises to 8 by the end of the first quarter of 2026.
To view the post on the Saudi Press Agency website, click here.
