Tag: UNITED ARAB EMIRATES
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Vladimir Mlynchik’s Journey: From Energy to Technology Investments
– Vladimir Mlynchik moved from Russia to establish Volts in Abu Dhabi. – Focuses on energy storage, investing in technology companies. – Attributes childhood values and an MBA as key to his success. – Aims for a $100 billion valuation for his tech firm by 2044. Key Highlights – Vladimir Mlynchik transitioned from the energy…
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Byju’s Executives Face US Court Sanctions Over Asset Depletion Issues
Byju’s executives Vinay Ravindra and Rajendran Vellapalath face possible financial sanctions from a U.S. court for allegedly stripping assets from the company’s U.S. subsidiaries, which are under bankruptcy protection. Judge John T. Dorsey is considering their role in this matter amid claims from creditors totaling over $1.2 billion. Byju’s, the beleaguered Indian technology firm, faces…
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Wall Street Executives Navigate Trillion-Dollar Financial Hubs in the Gulf
Wall Street executives, led by figures such as Larry Fink of BlackRock, are increasingly engaging with Saudi Arabia and Abu Dhabi as both cities compete to establish themselves as dominant financial hubs in the Middle East. BlackRock is setting up a regional base in Riyadh, while also collaborating with Abu Dhabi on key infrastructure projects.…