The Business of Middle East Superyachting

Tag: Ferretti Group

  •  Kuwaiti Investment Firm Acquires 3 Percent Stake in Ferretti Group

     Kuwaiti Investment Firm Acquires 3 Percent Stake in Ferretti Group

    Bader Nasser Al Kharafi, a Kuwaiti businessman, has announced the acquisition of a 3 percent stake in Italian superyacht builder Ferretti Group. The deal, done through his investment firm BNK Holdings, is part of a “broader strategic plan to build a global portfolio focused primarily on high-end assets and high-quality companies”.  Al Kharafi assumes several…

  •  Ferretti Group appoints AAA Marine as new UAE and Oman dealer

     Ferretti Group appoints AAA Marine as new UAE and Oman dealer

    Italian shipbuilder Ferretti Group has inked a deal with AAA Marine,  a merger between Al Otaiba Investment and RIC Holding,  to become the authorized dealer of the brand in the UAE and Oman.   The deal, signed at Emirates Palace in Abu Dhabi, will see AAA Marine as the regional representative of the shipyard’s core brands:…

  • Ferretti Group to open new dealership branches in the United Arab Emirates and Oman

    Ferretti Group to open new dealership branches in the United Arab Emirates and Oman

    During a press conference held at the 30th Dubai International Boat Show in February 2024, Ferretti Group announced the opening of new offices in several parts of the United Arab Emirates, Dubai, Abu Dhabi, and Oman. This news comes months after the shipyard announced the dissolution of its partnership with leisure yachting company Ocean360, Ferretti…