UAE economy to grow via new ‘Rosetti-Ali & Sons’

Mubasher: UAE’s Ali & Sons Marine Engineering Factory (ASMEF) and Italy's Rosetti Marino Group have recently joined forces to found a new UAE-based firm under the name of ‘Rosetti-Ali & Sons LLC.’  

Aiming to promote the acquisition and execution of potential onshore and offshore oil and gas EPC projects, the jointly-formed platform will contribute to the Emirati economy, said a press release on Monday.

The agreement was signed by Ali & Sons Holding LLC’s group managing director, Shamis Al Dhaheri, and Rosetti Marino Group’s chairman of the board, Stefano Silvestroni.

Commenting on this, Al Dhaheri said, “The establishment of Rosetti-Ali & Sons is seen as the right step at the right moment towards forming a major player in the UAE market. The pioneering mind-set of Ali & Sons has been instrumental in shaping the development of the UAE’s economy and Rosetti-Ali & Sons will add to our plethora of diverse, dynamic, and high-end service offerings.”

In addition, Rosetti-Ali & Sons promises to drive sustainable growth to its clients by providing “the highest standards of service and optimal expenditures,” in line with the likely increase of the oil and gas production industry across the UAE.

Meanwhile, the CEO of Rosetti Marino, Oscar Guerra, commented, “We strive to add value towards the creation of a vibrant oil and gas industry for the UAE and to generate greater opportunities for valuable partnerships with local players in the oil and gas sector.”

“This strategic co-operation between us and ASMEF facilitates the transfer of top-tier international engineering expertise, cutting-edge technologies and operational know-how in providing the highest quality standards and services towards the successful delivery of EPC projects,” he added.

Mubasher Contribution Time: 09-Dec-2019 09:48 (GMT)
Mubasher Last Update Time: 09-Dec-2019 10:20 (GMT)