Independent journal on economy and transport policy
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Italian shipbuilder Fincantieri in talks with UAE on potential €800m-plus deal
(The National)
February 19, 2019
Italian shipbuilder Fincantieri is in talks with the UAE for a potential naval deal that may top €800 million (Dh3.31 billion) as it seeks to boost international sales.
Fincantieri already has a joint venture with the UAE’s Al Fattan Industries that was formed in 2010 to design, produce and sell both civilian and naval vessels as part of a €400m deal for two vessels and one corvette to the UAE Navy, said Enrico Bonetti, senior vice president of international business for the naval vessels unit ...... Read more on The National
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