- Farah - News Editor
- Read Time: 2 mins
Saudi Red Sea Authority has signed two Memorandums of Understanding (MoU) with Prince Albert II of Monaco Foundation (Foundation Prince Albert II de Monaco) and Monaco Yacht Club (Yacht Club de Monaco), aiming to establish maritime cooperation and develop coastal tourism in the Red Sea. The Memorandums of Understanding were signed on this week at the Monaco Yacht Club headquarters. Representing the parties were His Excellency the Acting CEO of Saudi Red Sea Authority Mohammed Al-Asiri, Olivier Wenden of the Prince Albert II of Monaco Foundation, and Bernard D’Alessandri of Monaco Yacht Club.










