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Egypt
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Urban & Transport
9/27/2023 6:12:50 PM
Yachts with a total capacity of less than 300 tons will be exempt from Suez Canal transit fees, as well as berthing fees at the Ismailia Yacht Marina during its trial operation from 15 October until 1 November 2023.
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Al-Ahram Weekly
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Living
9/5/2023 10:45:12 PM
More and more people have been enjoying yacht trips off Alexandria and along the North Coast this year amid the new popularity of the Mediterranean Sea.
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Egypt
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Tourism
7/25/2023 3:35:52 PM
Egypt has decided to grant foreign yacht tourists three-month visas, as opposed to the previous one-month allowance.
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Egypt
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Tourism
7/22/2023 12:51:57 PM
Foreign tourist yachts can now receive a visa within 30 minutes upon applying for them via an online portal, the Ministry of Transport announced in a statement on Saturday.
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Egypt
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Tourism
7/10/2023 11:02:29 PM
Suez Canal Authority (SCA) announced Monday that the increase rate in the number of yachts crossing the canal hit 64 percent in the first half of 2023.
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Egypt
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Tourism
3/6/2023 9:35:08 PM
Prime Minister Mostafa Madbouly reviewed on Monday an action plan proposed by Italy's Navigo group to promote Egypt as a distinguished yacht tourism destination.
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World
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International
10/10/2022 11:04:07 PM
The US warned Hong Kong on Monday that its status as a financial center could be affected if it acts as a safe haven for sanctioned individuals, days after a luxury yacht connected to a sanctioned Russian tycoon docked in the city.
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Egypt
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Tourism
9/26/2022 3:11:06 PM
Egypt plans to establish its first green yacht marina powered by renewable energy and extended over an area of 25,000 square metres to accommodate 65 yachts, a cabinet statement read on Sunday.
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Egypt
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Tourism
8/31/2022 4:52:53 PM
The Ministry of Transport is set to launch on Thursday its first-ever online platform to regulate the entry of yacht trips in the country as part of a newly developed strategy to leverage the country’s unique strategic geographical location and long coastal lines.
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Egypt
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Tourism
7/29/2022 2:24:38 PM
In its weekly meeting at New Alamein city on Thursday, the cabinet approved a draft law to regulate foreign yacht tourism in Egyptian ports and marinas.
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War in Ukraine
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Economy
4/6/2022 11:00:43 AM
Dutch customs authorities have impounded 14 yachts in shipyards, including 12 still under construction, as part of Western sanctions imposed over Russia's invasion of Ukraine, the government said Wednesday.
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War in Ukraine
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Economy
4/4/2022 4:52:15 PM
The US government seized a mega yacht in Spain owned by an oligarch with close ties to the Russian president on Monday, the first in the government's sanctions initiative to 'seize and freeze' giant boats and other pricey assets of Russian elites.
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War in Ukraine
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Economy
3/29/2022 4:58:18 PM
Britain on Tuesday detained a Russian-owned, $50-million superyacht boasting a fresh-water swimming pool, in what it called a "warning" to Moscow of the consequences of invading Ukraine.
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War in Ukraine
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Economy
3/22/2022 12:18:55 PM
Two luxury superyachts owned by Russian billionaire Roman Abramovich have docked in Turkey, which has not joined European sanctions against Moscow targeting the Chelsea Football Club owner and other oligarchs, local media reported Tuesday.
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War in Ukraine
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Economy
3/12/2022 1:06:08 PM
Italian financial police have seized a Russian-owned superyacht valued at 530 million euros ($578 million) in the port of Trieste as part of seizures of oligarch wealth to pressure Russian President Vladimir Putin to halt the war on Ukraine.
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War in Ukraine
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Economy
3/7/2022 4:20:03 PM
Western seizures of super-yachts owned by Russian oligarchs have made headlines as Vladimir Putin's inner circle is targeted over the invasion of Ukraine, but experts warn identifying and blocking further cash and assets will prove difficult.
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World
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International
1/19/2022 6:06:03 PM
Police in Italy, Albania and Greece on Wednesday arrested some 30 people accused of profiteering several hundred million euros to smuggle refugees and migrants into the European Union from Turkey on yachts and other leisure vessels.
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Egypt
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Politics
8/5/2021 7:02:00 PM
Egypt seeks to leverage its long coasts and beaches along the Mediterranean Sea and Red Sea
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Egypt
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Politics
8/1/2021 6:01:49 PM
A national plan has been implemented to raise the efficiency of ports and marinas in Egypt as well as constructing new ports
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Egypt
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Politics
7/21/2021 7:24:23 PM
The visitors on board the Swiss yacht included French, Swiss, Spanish, Danish, British and Australian citizens
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