Russia, UAE
Bank backed by discreet oligarch Mikhail Rabinovich set to open in Gulf

Low-profile business magnate Mikhail Rabinovich, who has connections within Moscow's inner circles of power and oversees a logistics empire that extends from Crimea to Vladivostok, intends to establish his Locko-Bank in the Emirates - a market very much in favour with Russian businesses affected by Western sanctions. [...]
Published on 09.03.2023 at 04:00 GMT Reading time 3 minutes

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