Tawazun signs preliminary €400m investment deal with Russia’s VR Technologies

Dubai: Tawazun Economic Council on Monday signed a preliminary agreement to invest €400 million (Dh1.62 bukkuib) in VR Technologies (VRT), a subsidiary of Russian Helicopters Holding Company, with the deal giving Tawazun a 50 per cent stake in the company. The signing of the deal took place on Monday on the sidelines of the Dubai […]