RIYADH: Sela signed a memorandum of understanding with Icon Saudi during the Monaco Yacht Show 2026, establishing a framework for cooperation on developing a specialized luxury yacht maintenance facility in Jeddah. The initiative aims to build technical capabilities and bring international expertise in the sector to Saudi Arabia, giving yacht owners and operators access to essential maintenance services closer to where their yachts operate, according to the Saudi Press Agency. The facility will

Source: Arab News