The company 'Nirvana for Yachts and Boats' is participating in the development of maritime tourism, supporting the state's strategy to position Abu Dhabi as a global destination for luxury sailing. The future of maritime hospitality is based on three main pillars: luxury, technological innovation, and sustainability. In its pavilion, the company is showcasing 42 models of yachts for 2024-2025, including a 100% green electric yacht, distinguished by its high speed and sustainability. The demand for yachts is constantly increasing, especially considering Abu Dhabi's 400 km of islands and waters, where many families prefer to spend their weekends on floating yachts.
The Abu Dhabi International Boat Show, in its seventh edition, is attracting over 1,000 companies and brands, a 14% increase from last year. The exhibition covers an area of more than 85,000 square meters, with 31% of the exhibitors being Emirati companies. Emirati yacht and boat manufacturers have become a key player in the global marine industry, exporting their products to international markets. Demand for boats and yachts, including luxury ones, has increased by 25% this year compared to the previous one.
The Emirati group 'Gulf Craft' has produced and delivered over 11,000 yachts and boats since its establishment in 1982 to local, regional, and international clients. This year, the company launched eight new models into the global market and opened a new center for luxury yacht services. The company focuses on sustainability, innovation, and recycling, and has also started accepting cryptocurrencies as payment, which attracted new customers. Gulf Craft employs 1,600 people, supporting the UAE economy.
Abu Dhabi Ship Building Company has adopted a new strategy focused on expanding the construction of civilian vessels for passenger transport and leisure, alongside the manufacturing of military ships. The company unveiled new marine products, including a maritime ambulance and a floating hospital. The company's naval architectural office designs projects with minimal fuel consumption and carbon emissions.
Emirati company 'Alpha Boats' noted a growing demand for yachts, which has increased by 15% this year. Demand fluctuates seasonally, coinciding with fishing competitions and improving weather conditions. The company has integrated artificial intelligence into the boat design process, significantly reducing manual operations. The company's boats are characterized by their light weight relative to their size, which improves fuel efficiency.
According to a manager of an Emirati company, the boat and yacht market has grown by 25% over the past two years, and a continued increase in demand for luxury yachts is expected in the coming years. As part of the exhibition, new events are being held for the first time in the UAE and the region, including a boat rental exhibition and a luxury yacht hall, which are in high demand from foreign companies.
