Middle East 5

Dubai Boat Show to Host Region's Largest Gathering of Yachts Suppliers

Dubai will reaffirm its position as the region's leading showcase for luxury yachts and high-end craft, when the Dubai International Boat Show (DIBS) 2008 takes place at the Dubai International Marine Club - Mina Seyahi from 11-15 March.

The prestige and international positioning of this premier marine event, combined with the strong local demand for luxury boats, has propelled DIBS into a position where many of the world's leading boat-builders are competing for space.

According to a recent report, the Middle East region has over 150,000 yachts in total, with local factories accounting for approximately 15 percent of worldwide production.

In particular, DIBS has become one of the world?s primary show-grounds for superyachts, the outstanding 23 metres plus (82 feet) luxury craft that have come to represent the highest-end of the marine leisure market.

As a result of this surging market, the dedicated Luxury Supplies and Services (LSS) area at DIBS 2008 has grown by over 30 percent, with over 90 companies participating.

?The range of luxury boats and yachts on display has become one of the distinctive features of the Dubai International Boat Show over the years, and the 2008 event is set to be one of the most prestigious editions ever held. Today, boating is as much about the feeling of luxury as it is about the thrill of being out on the water and the Dubai International Boat Show is the only place in the region to source these exclusive yachts,? said Helal Saeed Al Marri, Director General, Dubai World Trade Centre (DWTC), organiser of the event.

DIBS will welcome over 800 participating companies and nearly 400 boats to this year's event, the highest number since the show was launched in 1992. Companies from every part of the industry, from boat-builders through to marine equipment, suppliers and service providers, are set to exhibit. (WAM)

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