Kuwait boosts patrol fleet
New vessels to boost region’s security.
Abu Dhabi firm to build defence vessels for Kuwait
Abu Dhabi Ship Building (ADSB) has won a Dh260 million contract from the Kuwaiti government to build eight boats, as the Arabian Gulf neighbour looks to bolster its maritime patrol and defence capabilities.
The Abu Dhabi-listed company’s shares rose by 10.2 per cent to Dh2.90. The landing crafts and high-speed protection vessels will be delivered in less than two years.
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