Masar Group, a subsidiary of Bahrain's sovereign wealth fund Mumtalakat, has partnered with UAE-based The Captain’s Club to launch the kingdom’s first membership-based boat club.
The partnership, announced on the sidelines of the Gateway Gulf 2025 event, will introduce a "smart alternative" to boat ownership in the country, providing sea enthusiasts with regular access to a fleet of vessels without the complexities and high costs of owning one.
The Captain’s Club is described as the region’s largest boat club, currently operating more than 20 locations across the Gulf Cooperation Council (GCC) countries.
The Bahrain branch will be its first in the kingdom.
More details in tomorrow's GDN