NeoNautica Becomes Exclusive Representative of Faroboats in the MENA Region

Partnership to offer energy-efficient luxury boating solutions, fulfilling demand while contributing to sustainability goals

Dubai, United Arab Emirates, 3^rd March, 2023

NeoNautica, with its focus on the innovation and transformation of the UAE maritime industry, has been appointed as the sole and exclusive representative of Faroboats, designers and producers of sustainable solutions for exploration and leisure boating, in the MENA region. This strategic partnership will enable NeoNautica to offer Faroboats’ world-class, eco-friendly products to the region, in congruency with UAE’s sustainability and innovation goals.

Eco-friendly and unique

His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, announced that 2023 will be the “Year of Sustainability”, and NeoNautica is determined to follow the directive. NeoNautica is focused on transforming the maritime industry with a focus on climate change and clean energy. Their partnership with Faroboats, leaders in eco-friendly exploration and leisure boating business, is a testament to the fact that sustainability is at the forefront of all of NeoNautica’s business endeavours.

Around the world, Faroboats is known for its boating innovations, and its new offering, the Faro5 Runabout is the world’s first fully self-sustainable leisure boating solution. The boat is 100% electric and promises ample autonomy. Thus, NeoNautica’s partnership with Faroboats aligns with their commitment to contribute to the UAE’s National Innovation Strategy, where they are bringing a unique product to everyone’s doorstep in the MENA region.

Sustainable and Luxurious

Captain Rami Albreiki, Co-founder and CEO of NeoNautica, commented upon this important milestone: “I am proud to announce our exclusive agreement with Faroboats within the MENA region. Faroboats’ patented design is truly remarkable, offering customers a sophisticated and elegant boating solution made with luxury materials. Not only is this boating option luxurious and stylish, but it is also 100% electric and fully autonomous, meaning it is one of the very few zero-emission boating solutions on the market. We are thrilled to bring Faroboats’ revolutionary and sustainable electric boating solution to our customers.”

Captain Albreiki added: “The UAE has set ambitious goals for sustainability and innovation, and we are proud to be contributing to these efforts through our partnership with Faroboats. We are confident that our customers in the region will benefit greatly from this collaboration.”

Nuno Amaral Frazão, Managing Partner & CEO of Faroboats, stated: “One of the main keys to success today, apart from an innovative idea and its superb execution, lies in finding world-class partners to steer your business in markets we do not master ourselves. NeoNautica has clearly become one such partner for us, and we could not be more confident about our prospects throughout the entire Middle East.”

With this important strategic alliance, Faroboats solutions have now become represented and distributed across all of the 5 continents worldwide.