Dubai International Boat Show, organized by Dubai World Trade Centre, will attract more international investors and boating enthusiasts to its 2024 edition.
Due to the projected 39% increase in Dubai’s high-net-worth population by 2026.
Renowned Manufacturers Will be at Dubai International Boat Show 2024
The 30th edition of the show will feature over 1,000 brands and companies showcasing more than 200 boats, both on land and water.
The manufacturers will include:
Azimut, Cranchi, Gulf Craft, Ferretti, Princess, Sanlorenzo, Sunseeker, and many more.
Moreover, they will offer a comprehensive view of the latest innovations and product launches.
In addition to networking opportunities for global audience from across the Middle East and North Africa.
Regional and Global Growth Potential:
The Middle East and North Africa boast diverse marine landscapes.
They also hold the second-highest concentration of high-net-worth individuals owning luxury yachts.
The region currently holds 12.6% of the global luxury yacht fleet.
While the market is anticipated to grow from $306 million in 2022 to $481 million by 2028.
Mentioning that Dubai aligns its growth with the projected 39% increase in UAE high-net-worth individuals by 2026, reaching 228,000 according to Knight Frank’s March 2023 report.
Adding Dubai position, which attracts an increasing number of global investors and entrepreneurs drawn to its thriving marine and other sectors.
And also supported by a pro-business startup ecosystem, long-term residency options, infrastructure, and a vibrant events calendar.
Sustainability and Responsible Tourism:
By hosting COP28 in 2023, Dubai solidified its position as a forward-thinking destination committed to sustainability.
Culminating in a historic agreement to phase out fossil fuels across all sectors, including maritime.
The commitment to a sustainable future is further showcased by the ambitious Dubai Shindagha Aquarium Project.
Which was launched during COP28 under the guidance of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
This 400,000 square meter project, overseen by Dubai’s Department of Economy and Tourism, is one of the world’s largest coral reef projects.
Mentioning that it aims to ensure the sustainability of the emirate’s fishing industry.
In addition to celebrate its rich maritime heritage, and bolster responsible tourism.
The largest and most advanced power cable laying ship in the world has begun its work in the strategic project of ADNOC and the Abu Dhabi National Energy Company, TAQA, to supply the production operations of ADNOC’s offshore fields with environmentally friendly energy 👌 pic.twitter.com/amaI9FXjeA
— UAE Voice (@uae_voiceeng) January 29, 2024
Dubai International Boat Show 2024 offers a dynamic land and water display with hundreds of boats.
By providing exclusive views for visitors and a rich landscape for potential investors.
It remains a key event on Dubai’s annual calendar.
As it is offering unique networking and business opportunities.
While showcasing the future of marine technology and design for luxury lifestyle seekers.
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