
Shipbuilding group Abu Dhabi MAR, owned and managed by Iskandar Safa, a Lebanese, is building much of Israel’s navy.
By Israel Today Staff
Last week it was reported that Iran holds nearly 5 percent of shares in the German conglomerate supplying Israel’s submarines.
Perhaps more surprising is that the conglomerate in question, ThyssenKrupp Marine Systems, works hand-in-hand with Abu Dhabi MAR to provide naval surface vessels to various nations, including Israel.
Abu Dhabi MAR is partly owned and is fully managed by Iskandar Safa, a French-Lebanese billionaire from a Maronite Christian family in northern Lebanon. Continue Reading »