With new marinas and bold investment, Egypt plans to enter superyacht market

Egypt is set to turn heads at this year’s Monaco Yacht Show as it unveils an ambitious strategy to position itself as a premier destination for luxury yachting. With cutting-edge marinas, competitive services, and unique access to both the Red Sea and the Suez Canal, the country says it will rival the Mediterranean’s most prestigious ports.

Spearheaded by Minister of Transport Kamel Al-Wazir and Minister of Tourism and Antiquities Sherif Fathy, Egypt’s delegation will highlight the nation’s transformation into a key yachting and maritime tourism hub. “We invite global yachting and tourism leaders to discover Egypt’s incomparable diversity, where timeless civilisation meets endless blue horizons,” said Minister Fathy ahead of the show.

Modern marina developments in destinations such as Hurghada, Sharm El-Sheikh and El Gouna boast state-of-the-art berthing facilities, round-the-clock security, full-service maintenance, and VIP hospitality – all at more accessible rates than those found in traditional Mediterranean or Caribbean ports.

From coral reefs to ancient temples

In Egypt, guests can dive coral sanctuaries in the Red Sea by morning and tour the temples of Luxor and Aswan by private jet in the afternoon. Along the Nile, boutique yachts and dahabiyas deliver a serene blend of river cruising and exclusive cultural exploration.

Looking ahead, Egypt plans to host regattas, rallies, and maritime festivals, supported by sustainability-focused policies aimed at protecting fragile marine ecosystems. Its strategic location, enhanced infrastructure, and direct access through the Suez Canal all reinforce its growing role on the world yachting map.

Stay updated with Monaco Life: sign up for our free newsletter, catch our podcast on Spotify, and follow us across Facebook,  InstagramLinkedIn, and Tik Tok.

Photo: Sharm El-Sheikh, Egypt, credit: Andres Siimon, Unsplash