FINANCIAL NEWS

Rolls Royce to increase its ME investment

23 Nov 2011

(MENAFN) Rolls-Royce’ Regional Director-Middle East, Rob Watson, said that the aircraft engine maker would expand its presence in the Middle East through increasing its investments in the region, reported Gulf News.

Watson added that the firm would announce a new partnership in Dubai in the near future, adding that the company had a strong customer base in the region.

He also said that around 30 percent of Airbus A350 XWB [extra wide body] fleet in which Rolls Royce installed its fastest selling engine, Trent XWB, was being sold into the Middle East, indicating how much important the region was for the British firm.

It is worth noting that Rolls-Royce inked a long term leadership training deal with the Emirates Group during the Dubai Airshow in order to provide a pioneering leadership and business management program for UAE national managers.

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