Port Rashid
Sanctioned Russian's Superyacht Docked in Dubai
A luxurious superyacht belonging to a sanctioned Russian billionaire parliamentarian featuring six suites, an elevator, its own beach club and a helicopter pad is anchored in Dubai where Russians have sheltered wealth since the invasion of Ukraine.Andrei Skoch's blue and white Madame Gu was docked at Port Rashid on Friday, where Dubai's Ruler Sheikh Mohammed bin Rashid Al Maktoum keeps his own yacht, both visible to passersby.Dubai has emerged as a refuge for Russian wealth as Western sanctions target President Vladimir Putin's allies.
New Marina for Luxury Yachts at DP World's Rashid Port
DP World has announced plans to build a new marina for luxury yachts at Port Rashid in Dubai. The project comes in response to an increased demand for luxury yachts. Tenders for construction will be invited soon. The first phase of the project is scheduled to open by 2018, with a capacity of more than 400 boats and sailing yachts with lengths in the range of 15 to 35 metres. The second phase will be for luxury yachts berth with length of more than 100 metres. Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation and Chairman of the Dubai Ports World…
Omniyat, Dubai Maritime Break Ground on Seafront Site
Omniyat Group has broken ground on ANWA by Omniyat, a new seafront development that will b visible from the sea in Dubai Maritime City. At the ANWA ground breaking, Dubai Maritime City revealed its new ambitious plan for the marine destination that will have 53 mixed-use projects, hotels, shopping malls, restaurants and 10 fascinating parks. The groundbreaking ceremony was conducted by H E Khamis Juma Buamim, Chairman, Dubai Maritime City and Mahdi Amjad, Omniyat Group’s Executive Chairman and CEO, along with other senior officials from Dubai Maritime City and Omniyat Group.
