Abu Dhabi-based Mubadala signs collaboration deal with Italian shipping giant Fincantieri

Mubadala, one of Abu Dhabi’s sovereign fund, has signed a memorandum of understanding (MoU) with Fincantieri, the Europe’s largest shipbuilder in Europe to develop innovative projects in the naval, marine and industrial sectors, Trade Arabia reports. Per the agreement, will Read more

Qatar seizes Bahraini vessel for trespassing territorial waters

Qatar has intercepted and seized a Bahraini boat for entering illegally the territorial waters of the tiny gas-rich Gulf country, reports say. Qatari Coastline Security General Directorate sent, Doha News reports, a fax to Bahrain’s Naval Operations Centre of Coast Read more