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Sun 29 Dec 2019 11:44 AM

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Arab royals splash out $145k on yacht trips to watch Sydney NYE fireworks

Sheikhs from Dubai and Saudi Arabia will be among those ringing in the new year in Australia

Arab royals splash out $145k on yacht trips to watch Sydney NYE fireworks

The Sydney Harbour Bridge fireworks display is reported to cost around $6.5 million to produce this year, the report said.  Photo by Ryan Pierse Getty Images. Image for illustrative purposes only.

Arab royals are spending up to $145,000 hiring yachts to view the New Year’s Eve fireworks at Sydney’s famous Harbour Bridge, according to a news report.

“They are the 1 percent of the 1 percent — they are sheiks from Dubai and Saudi Arabia, billionaires from Russia and Europe,” Sydney Boat Hire owner Daniel Chehab told The Daily Telegraph newspaper.

“We have the best fireworks display in the world in the best harbour,” he added.

For the price of $145,000, customers get a 112-foot super-yacht for 24 hours. The vessel can host up to 12 guests, a chef, waiters and food and drink is included.

The Harbour Bridge fireworks display is reported to cost around $6.5 million to produce this year, the report said.