SuperYacht Times logo Market intelligence promo small
Market Intelligence
Latest news

Sanlorenzo Egypt opens in Hurghada - Red Sea


Sanlorenzo Egypt recently opened in the Hurghada region of the Red Sea. Local company Alkhalil Trading L.L.C will work with the Italian shipyard to introduce their yachts to Egyptian owners.

The new Brand Representative office is located in Abu Tig Marina in the El Gouna resort, a popular yachting destination in the Hurghada region of the Red Sea. Sanlorenzo Egypt’s Managing Director is Tarek Khalil, a mechanical engineer who founded Alkhalil Trading L.L.C. in 1994. Alkhalil Trading has been successfully distributing boats of up to 80’ in Egypt for the past five years.

Mr. Khalil comments, “I have personally been boating in the Red Sea for the past 25 years. The marine service industry is already well established in the Hurghada region of the Red Sea and Alkhalil Trading is instrumental in the development of the rapidly growing luxury boat market across Egypt.

“We are very proud to represent the iconic Italian shipyard in Egypt and look forward to introducing Sanlorenzo to our Egyptian customers. We are confident that the Sanlorenzo made to measure philosophy will become an exclusive opportunity in this market for the discerning customers who are looking for a truly unique motor yacht”.

By Gemma Fottles

The SuperYacht Times iQ Report

The SuperYacht Times iQ 2018 Report

Our market report is the most complete in the business and provides in-depth analysis of the fleet by size range, the construction book, the market for new and used yachts for sale and the superyacht builders, as well as a detailed overview of superyacht ownership. It also gives the personal views of Merijn de Waard, company founder and long-term superyacht market analyst, on the state of the market.