INSEAD Day 4 - 728x90

ADSB

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

  • Abu Dhabi Ship Building (ADSB), a leader in the new build, repair, maintenance, refit and conversion of naval and commercial vessels, has been awarded an AED3.5 billion ($952 million) contract by the Ministry of Defense (MOD) and UAE Navy, to build four Falaj 3-class Offshore Patrol Vessels (OPVs).

  • Abu Dhabi Ship Building wins $952m UAE Navy contract

    The company will build four Falaj 3-class Offshore Patrol Vessels used to carry out a wide range of missions Chairman Khalid Al Breiki calls the order, company's biggest ever, a 'resounding vote of confidence' from the Ministry of Defense, UAE Navy Abu Dhabi Ship Building (ADSB), a leader in the...