The agreement was signed by Simon NaudiCEO of Corinthia Hotels and Ibrahim Jassim Al-OthmanChairman and CEO of the UDC and Member of the Board of Directors, as well as Mr. Bernard d’Alessandri, Secretary General of the Yacht Club de monacoand Mr. Jose Marco CaselliniCEO of Monaco Marina Management.

As part of this agreement, M3 will support Corinthia Group and UDC in promoting and developing sailing and yachting experiences and services at Corinthia Yacht Club. The collaboration will also support them in the process of obtaining the “La Belle Classe Destinations” label, the prestigious label of the Yacht Club de monaco which sets a standard of excellence for the quality of facilities, services and safety in superyacht marinas.

Simon Naudi commented: “We are delighted to collaborate with world leaders, the Yacht Club of monaco and M3. Our ambition is to transform Corinthia Yacht Club, on The Pearl, into a renowned yachting destination and create a thriving hub for the local community. Together with our UDC partners, we are committed to ensuring that the Club becomes an internationally recognized center of sporting and social excellence for members who enjoy a combination of competitive and informal sailing.”

Joseph Marco Casellini added: “We are very happy to support Corinthia Hotels, in its desire to open up to yachting, by putting at their service the expertise and know-how of our experts in the establishment of new facilities in Doha.”

Ibrahim Jassim Al-Othman said: “This strategic partnership will help strengthen The Pearl Island’s global position as a premier maritime destination, as well as the leadership of the island-based Corinthia Yacht Club in the development of yachting and sailing. to make it an international sport.”

Ibrahim Al Othman continued, “Pearl Island’s beaches and various marine facilities have been major attractions for visitors and tourists. We have constantly worked to improve this, and now the groundbreaking collaboration with Monaco Marina Management will allow us to set the stage for the next phase in the development of the Corinthia Yacht Club. We want this Club to set a new standard in the yachting industry and become one of the leading nautical leisure centers in the region. This will also strengthen the position of The Pearl Island as a remarkable world-class destination that offers exceptional experiences and innovative concepts in the service of tourism and hospitality.”

Bernard d’Alessandri said: “It is very good news to see that the yachting world is expanding to new destinations, which share our vision of developing sustainable yachting. This is the ambition of our “La Belle Classe Destinations” certification, which comes from the Principality of monegasque attractiveness policy.

The Corinthia Yacht Club is currently under construction in the heart of Porto Arabia Marina and is expected to open ahead of the 2022 FIFA World Cup. This iconic project will span an area of ​​2,232m² and feature state-of-the-art design, breathtaking views and numerous facilities including gourmet restaurants, air-conditioned outdoor seating, as well as a cigar lounge, several meeting rooms and many other services that help create a relaxing atmosphere.

For press inquiries, contact

Hotels in Corinth: [email protected]

Management of the Monegasque marina: [email protected]

United Development Corporations: [email protected]

yacht clubs monaco: [email protected]


Corinthia is a growing family of luxury hotels, founded in Malta in 1962 by the Pisani family. The company has grown over the years to become a multinational investor, developer and operator of hotels and real estate. Its portfolio includes award-winning hotels in cities such as London, Budapest, Lisbon, Saint PETERSBOURGand the island of Malta. Current developments underway at various stages of design and construction include iconic hotels and trophies in Rome, New York, Brussels, Bucharest, Dohaand a new complex at Malta. For more information visit


United Development Company (UDC) is a leading Qatari public company whose mission is to identify and invest in long-term projects contributing to the growth of the State of Qatar and offering good shareholder value. Founded in 1999, the Company was listed on the Qatar Stock Exchange in June 2003. It has an authorized share capital of QR 3.5 billion and total assets of QR 20 billion at March 31, 2022. From day one, the Company has actively contributed to the development of the State of Qatar, rapidly evolving into a leading Qatari public holding company and successfully establishing a group of various successful investments. Through a combination of project and commercial enterprise activities, UDC and its subsidiaries have accumulated a wealth of specific experience, including detailed knowledge of property development, property management, hospitality and shipping, infrastructure and public services. As part of its five-year business plan, UDC is leveraging its market leadership position to achieve sustainable financial performance and maintain profitability targets by focusing on core business activities and investing in new property developments viable.

UDC’s flagship project is The Pearl Island, a mixed-use urban man-made island and one of the largest real estate developments in the Gulf.

UDC is also developing Gewan Island located next to The Pearl Island, in the company’s latest world-class residential, commercial and entertainment project. This development has the potential to become a stunning destination that will sustain UDC’s future growth.


Founded in 1953 by Prince Rainier and chaired by SAS Prince Albert II since 1984, the Yacht Club of monaco is a private and exclusive club that brings together more than 2500 members of 80 nationalities, sharing common values ​​around its motto: ‘One Spirit, One Team, One Club’. In accordance with its statutes, this private club has the particularity of being responsible for a public service delegation mission, as evidenced by its role as port facilitator and catalyst for all yachting-related activities in the Principality under the umbrella brand group”monacoCapital of Advanced Yachting”. Preserving a certain “Art of Living by the Sea”, safeguarding the environment, honoring the nautical heritage and promoting the most innovative technologies…, it is through the values ​​of its “La Belle Classe” label, even outside its circle of members, that the YCM brings together owners and all those involved in yachting, by offering them a platform for communication and exchange, but also for training in within La Belle Classe Academy. The ambition is to contribute to the promotion and international influence of the Principality.

Rawan Yousif
Telephone number: +974 33475991

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SOURCE Corinthia Yacht Club, Doha, Qatar

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