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A UAE company has launched the world’s largest superyacht made from composite materials.
Gulf Craft's flagship superyacht, Majesty 175, is 54 metres in length with a beam of 9.6 metres and was produced in the company's boatyard in Umm Al Quwain.
The sleek yacht, with its wood-panelled interior, was built using composite materials such as carbon fibre and vinyl ester. The shallow draft also enables close beach access.
It has a five-metre infinity pool, a lounge that can be converted to a sun deck, seven staterooms and accommodation for 10 crew members.
The yacht was launched by Sheikh Mansoor bin Mohammed, chairman of Dubai Sports Council, during its world premiere at Dubai Harbour.
The yacht, which was unveiled late last year, took four years to build and has completed a series of sea trials.
Superyachts are luxury vessels that are at least 24 metres long and are manned by a professional crew.
Also referred to as megayachts, the vessels have become popular among wealthy tourists during the pandemic.
Mohammed Al Shaali, chairman of Gulf Craft, said the launch indicated the appeal of the country as a major yachting hub.
“Gulf Craft invested nearly four years of effort in building this vessel, quicker than the normal timeframe, despite the challenges of the pandemic,” he said.
"With the regional premiere of the Majesty 175 at Dubai Harbour, we are reiterating the appeal of the country as a full-fledged yachting destination."
Mr Al Shaali said it demonstrated the company’s capability to manufacture world-class vessels.
The lightweight material will aid cruising in low-draft waters, allowing for quicker beach access, a key element sought by yacht enthusiasts.
Gulf Craft has built more than 10,000 yachts and boats, ranging in length from 9.5 to more than 50 metres, at its premises in the UAE and the Maldives.
Ahmed Al Khaja, chief executive officer of Dubai Festivals and Retail Establishment, said the launch of a superyacht during a pandemic showed the country’s ability to remain at the forefront of the world’s recommended safe travel destinations.
“The new state-of-the-art vessel highlights Dubai’s position as a leading hub for cruise tourism and the global maritime industry, as well as the UAE’s proven track record in the boat building sector based on innovation and excellence,” he said.
The yacht was docked at Dubai Harbour, which has not yet officially opened, although several privately owned yachts are moored off it.
When fully operational, the harbour will have 1,100 berths for yachts of up to 160 metres in length.
The vast marina, near Bluewaters Island and The Palm, Jumeirah, is managed by luxury marina group D-Marin Dubai.
It will have restaurants, hotels, residences, a crew club, independent fuel pumps and a helipad.
Dubai Harbour’s cruise liner terminals will have a combined floor area of almost 2.8 square kilometres.
The UAE’s megaprojects - in pictures
World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
The biog
Name: Atheja Ali Busaibah
Date of birth: 15 November, 1951
Favourite books: Ihsan Abdel Quddous books, such as “The Sun will Never Set”
Hobbies: Reading and writing poetry
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Liverpool's all-time goalscorers
Ian Rush 346
Roger Hunt 285
Mohamed Salah 250
Gordon Hodgson 241
Billy Liddell 228
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Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Fringe@Four Line-up
October 1 - Phil Nichol (stand-up comedy)
October 29 - Mandy Knight (stand-up comedy)
November 5 - Sinatra Raw (Fringe theatre)
November 8 - Imah Dumagay & Sundeep Fernandes (stand-up comedy)
November 13 - Gordon Southern (stand-up comedy)
November 22 - In Loyal Company (Fringe theatre)
November 29 - Peter Searles (comedy / theatre)
December 5 - Sinatra’s Christmas Under The Stars (music / dinner show)
At Eternity’s Gate
Director: Julian Schnabel
Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen
Three stars
Bert van Marwijk factfile
Born: May 19 1952
Place of birth: Deventer, Netherlands
Playing position: Midfielder
Teams managed:
1998-2000 Fortuna Sittard
2000-2004 Feyenoord
2004-2006 Borussia Dortmund
2007-2008 Feyenoord
2008-2012 Netherlands
2013-2014 Hamburg
2015-2017 Saudi Arabia
2018 Australia
Major honours (manager):
2001/02 Uefa Cup, Feyenoord
2007/08 KNVB Cup, Feyenoord
World Cup runner-up, Netherlands