01 June 2018
UAE developer Meraas has signed a strategic deal with Carnival Corporation, a US-based cruise company and the world’s largest travel leisure company, to transform Dubai into a major regional maritime tourism hub.
The agreement was signed by Abdulla Al Habbai, group chairman of Meraas, and Arnold W Donald, chief executive officer of Carnival Corporation.
Under the agreement, the companies will collaborate across several strategic areas including port development, terminal management and new cruise development opportunities at Dubai Harbour and the broader region.
The deal follows the recent approval by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make the Dubai Cruise Terminal as the main hub for cruise tourism in Dubai.
Operations at the Dubai Cruise Terminal are scheduled to commence in October 2020.
The Dubai Cruise Terminal at Dubai Harbour will become Carnival Corporation’s primary hub for its homeporting and transit operations in the region. The partnership will also result in both parties working together to identify and grow the cruise tourism business in the Arabian Gulf region.
Launched in January 2017 by HH Sheikh Mohammed bin Rashid Al Maktoum, Dubai Harbour will be located on King Salman bin Abdulaziz Al Saud Street in the Mina Seyahi area and is set to span 20 million sq ft. The development will feature a shopping mall, luxury residential units, restaurants, cafés, hotels and a yacht club, as well as Dubai Lighthouse, a 135-m-high architectural masterpiece with a viewing platform offering stunning panoramic views of Dubai.
In addition, Dubai Harbour will boast the largest yacht marina in the Middle East and North Africa with 1,100 berths capable of accommodating some of the world’s largest yachts up to 150 m.