Industry Insights

Boats and Yachts in the Middle East

With over 100 marina developments involving 5,000 berths under construction or underway, the Middle East has become the most concentrated area of marina development in the world.

Buyers of leisure boats are emerging from all over the world, from wealthy nationals and expatriates constantly looking for bigger, better and more advanced boats to middle-class businessmen eager to own a boat that matches their dream specifications and budgets.

28 out of the top 100 largest super yachts are owned by Middle-Eastern customers

7 out of the top 10 super yachts in the world are currently owned by Middle-Easterners

Boats and Yachts in Lebanon

Known for its strategic location in the Mediterranean basin, its mild weather, state-of-the-art facilities and attractive touristic sites, Lebanon has turned into a regional yachting hub, where Arab, European and American boat owners can enjoy boating activities all year-round. Recently, the capital Beirut has witnessed the opening of its own fully-renovated marina, which has emerged as a major docking bay in the Mediterranean Sea.

9 smaller marinas exist in Lebanon, in addition to a second Beirut marina underway to the east of the waterfront district