Althaus Yachts Expands Further into Saudi Arabia, Pioneering New Yachting Opportunities in the Region.

As Saudi Arabia’s Vision 2030 transforms the nation with groundbreaking developments like Neom and the Red Sea Project, Althaus Yachts is excited to be at the forefront, bringing its renowned expertise to this growing market.

Vision 2030, Saudi Arabia’s ambitious roadmap for economic diversification, aims to position the Kingdom as a global destination for tourism, leisure, and luxury living. Projects like Neom and the Red Sea Project are at the heart of this vision, with a focus on sustainability, innovation, and ultra-luxury experiences. The Red Sea’s untouched coastlines and pristine waters are set to become a premier global yachting hub, and Althaus Yachts is committed to playing a key role in developing this exciting new destination.

“Our vision is to be one of the first movers in this area, seeing its potential to become one of the strongest yacht destinations globally,” said Majed Sherbiny, Chairman and CEO of Althaus Yachts. “We are proud to contribute to Saudi Arabia’s extraordinary transformation and to build strong ties between Monaco and Saudi Arabia, creating unparalleled experiences for our clients in both locations.”

As part of its services, Althaus Yachts offers complete yachting solutions in Saudi Arabia. From designing customized cruising itineraries to providing local assistance, berth support, marina contacts, and more, the company ensures every detail is handled with precision. Whether for private charters or extended stays, Althaus Yachts is here to help clients navigate the waters of this emerging destination with ease.

By merging the best of both worlds—Monaco’s long-established yachting excellence and Saudi Arabia’s emerging luxury tourism market—Althaus Yachts is uniquely positioned to offer extraordinary services and experiences. From yacht sales, purchase and management to seasonal charter, the company is set to create a seamless bridge between these two iconic regions, where luxury, innovation, and opportunity meet.

As Althaus Yachts expands its reach in the Kingdom, the company is poised to provide unparalleled services to high-net-worth individuals, luxury travelers, and yachting enthusiasts looking to explore Saudi Arabia’s pristine waters and cutting-edge developments. With a deep understanding of the region and a firm commitment to excellence, Althaus Yachts will continue to lead the way in redefining luxury yachting experiences.