Saudi Red Sea Yacht Show targets over $480m in investment returns

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RIYADH: Saudi Arabia’s inaugural Red Sea Yacht Show is expected to generate more than SR1.8 billion ($480 million) in investment returns through yacht sales, charters and luxury tourism, according to the Saudi Press Agency. The event will be held at Jeddah Yacht Club & Marina from Oct. 14 to 17, 2027, with organizers targeting around 50 yachts, 150 exhibitors and more than 10,000 visitors. The fleet of new and…