Dubai Pre-Owned Boat Show in November

The UAE is also a hub for maritime commerce, forecast by Oxford Business Group to be worth $66 billion by the end of 2018.
Updated 22 October 2018
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Dubai Pre-Owned Boat Show in November

Ahead of the 2018 UAE Maritime Week, the organizers of the annual Dubai Pre-Owned Boat Show have announced its ninth installment, taking place from Nov. 8-10 at the Dubai Creek Golf & Yacht Club.

The Middle East is a key marketplace for super yachts, with 205 high-end vessels over 40 meters in length reportedly registered in the region. The UAE is also a hub for maritime commerce, forecast by Oxford Business Group to be worth $66 billion by the end of 2018. 

Abdulla Ali Al-Noon, club manager at Dubai Creek Golf & Yacht Club, said: “We are proud to present yet another Dubai Pre-Owned Boat Show to GCC residents and visitors to the UAE. Globally, the yachting industry is expected to be valued at $74.2 billion by 2022, which shows a continuous upward trajectory of the industry, and thus a need for events of this nature. 

Last year we welcomed a record number of visitors over the three-day event, and this year we aim to take the Dubai Pre-Owned Boat Show to new heights — offering quality vessels at affordable prices, and an enjoyable weekend event for both prospective buyers and families.”

Wayne Munro, boat club manager of Xclusive Boat Club, said: “The pre-owned boat show is an important event for us because the majority of our clients are people who have either owned a boat or are looking to get into boating by purchasing a pre-owned boat.”


AHG denies link with Al-Habtoor Trading Enterprises

Updated 16 January 2019
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AHG denies link with Al-Habtoor Trading Enterprises

Al-Habtoor Group (AHG) has clarified that the group and all its divisions, including Habtoor Hospitality (Habtoor Hotels) have no link or relationship of any kind with Al-Habtoor Trading Enterprises (HTE) and its owner Rashid Al-Habtoor.

This is following news released in major Indian and Middle Eastern media about a potential acquisition of the Leela Group of Hotels in India (Hotel Leela venture) by Rashid Al-Habtoor, founder and owner of Al-Habtoor Trading Enterprises.

A spokesperson for Al-Habtoor Group said: “We feel obligated to clarify that Al-Habtoor Group in all its divisions and Al-Habtoor Trading Enterprises are two separate entities. Habtoor Hospitality, commonly known as Habtoor Hotels, is owned solely by Al-Habtoor Group in the UAE and overseas.”

“... Any actions or business decisions taken by Al-Habtoor Trading Enterprises or any of their associates are their sole responsibility, and Al-Habtoor Group is not liable under any circumstance for any damages or liabilities arising directly or indirectly from Al-Habtoor Trading Enterprises business ventures.”