ALL ABOARD

Saudi Arabia taps Monaco expertise for Red Sea yachting

Saudi Arabia will seek to attract 250,000 visitors through yacht tourism by 2030, generating $2.9 billion and creating 28,000 jobs

Mandoga Media/Getty Images

Yachts docked in Monaco

Saudi Arabia is planning to bring the sparkle of Mediterranean marinas to its Red Sea coast, seeking counsel from the Principality of Monaco as it attempts to grow its yachting sector.

The Saudi Red Sea Authority has already...