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Ferretti Group sets focus on UAE

United Arab Emirates: Wednesday, September 03 - 2008 @ 09:32

Vincenzo Cannatelli, CEO of Ferretti Group and members of the Ferretti management team recently visited Abu Dhabi to explore new business opportunities in what they consider as one of the most potential growth markets for their product lines.

“Middle Easterns have always been excellent clients for the big boats and mega-yachts, but generally kept them in the Mediterranean,” said Cannatelli. “What is happening is the development of real estate and marinas. I believe it will increase the culture of boating in this region.”

In a formal meeting with H.E. Paolo Dionisi, Italian Ambassador to the UAE, Mr. Cannatelli discussed developments in the yacht market and the relevance of UAE as the regional hub in the group’s expanding international business.

The Ferretti Group owns such prestigious brands of luxury yachts as Pershing, Itama, Ferretti Yachts, Riva, Apreamare, Bertram, Custom Line, Mochi Craft and CRN.

On the occasion, Mr. Cannatelli presented the Italian Embassy with a model of the world-renowned Riva Aquarama yacht.

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Wednesday, September 3- 2008 @ 9:32 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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