Jeddah show to feature superyachts worth $3bn

JEDDAH: Around 50 yachts, 150 exhibitors and thousands of visitor are expected at the inaugural Red Sea Yacht Show, which is set to take place at Jeddah Yacht Club and Marina from Oct. 14-17. The event will showcase new and pre-owned superyachts, support vessels and day cruisers valued at more than $3 billion. Organizers estimate it could generate up to $500 million in economic activity through yacht sales, charters and tourism. Supported by Makkah Deputy Gov. and Chairman of the National Events