Abu Dhabi Plans to Build Stealth Ships

Posted on Mar 7, 2012 in Emirates-Europe, Europe, UAE Law and Business

ABU DHABI – A new joint venture shipyard in Abu Dhabi will construct stealth vessels and in the future plans to build upgraded marine engines in collaboration with Italy’s Fincantieri, which builds naval and merchant ships. Khaleej Times

DIAZ REUS PARTNER, ISRAEL REYES, REPRESENTS LANDMARK HOTEL OWNER IN SUIT AGAINST GERMAN BANK

In a case with international financial implications, Casa Casuarina LLC, owner of a landmark Miami Beach resort property once owned by designer Gianni Versace and known as the Versace mansion, is suing its mortgage holder German bank WestLB on multiple counts of alleged fraud. Hit by high levels of insolvency and with losses of more […]

UAE Renewable Energy Deals Continue

Abu-Dhabi based renewable energy company Masdar has agreed to invest millions of dollars in Scotland on clean energy projects. The agreement with the Scottish government is the latest in the UAE’s efforts to diversify its energy portfolio and to reduce its dependence on an oil based economy. By 2020 Abu Dhabi plans to derive 7% […]