Saudi Red Sea Authority issues new yacht chartering license

RIYADH: The Saudi Red Sea Authority has issued a yacht chartering license to One Thousand Seven Hundred and Sixty Ltd. Co. as part of its efforts to regulate and strengthen the coastal tourism sector in the Red Sea, while improving service quality, environmental protection, and investment growth. The license marks another step in regulating yacht chartering activities and expanding marine tourism in the Kingdom through a framework that balances investor enablement with compliance, safety, and sustainability standards.

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