Andrei Elinson

Founder of Inweasta, one of three UAE companies that offered to buy

Appears in 1 story

Last updated Oct 17, 2026

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Putin approves UniCredit's Russian restructuring and sale to UAE investor

Money Moves

Reported link to Alfa Group

On October 5, Vladimir Putin signed an order letting UniCredit restructure its Russian subsidiary and sell most of it to a UAE-based private investor. The Italian bank keeps a slimmed-down payments operation; the buyer takes the rest.

Updated Oct 17