In 2024, Fincantieri established its subsidiary Fincantieri Arabia for Naval Services, marking a strong commitment to the region through several Memoranda of Understanding signed with Saudi Arabia. The company, a global leader in the naval industry, is focusing on this strategic region to strengthen its presence and foster future collaborations.

The establishment of the subsidiary was accompanied by the signing of several Memoranda of Understanding (MoUs), highlighting Fincantieri’s intent to strengthen ties with Saudi Arabia.

These activities are part of Fincantieri’s expansion, one of the world’s leading shipbuilders.