Abu Dhabi Based Tawazun Invests ₦45b In Russian Aurus Car Brand

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When Vladimir Putin shows off his new Russian-made “Bunker on Wheels” Limo to Abu Dhabi Crown Prince 9 months ago,the reaction of the Wealthy Crown Prince shows how spectacular and luxurious the Armoured car was.

The Crown Prince said :

“Wow, how nice, It’s better than my Mercedes”

That
little show off has now paid off as Abu Dhabi-based Tawazun Economic
Council ,the body tasked with the development of a UAE defence
industry, has decided to invest 110 million Euros (roughly ₦45 billion)
in the Russian automotive brand Aurus.

The investments,which
represents 36 per cent of the share capital of the company, will be used
for full-scale mass production of Aurus vehicles as well as in the
development of distribution in international markets.

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