Mohammed Bin Rashid Meets Founder Of Company Sold For AED3.3 Bn
Umer Jamshaid 10 days ago Tue 10th September 2019 | 09:15 PM
(UrduPoint / Pakistan Point News / WAM - 10th Sep, 2019) DUBAI, 10th September 2019 (WAM) - His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, met Founder and CEO Divyank Turakhia whose ad-tech company, a Media.net based in Dubai internet City, was sold for over AED 3.3 billion.
Dubai has witnessed similar multi-billion tech deals including the AED11-billion acquisition of the Dubai-based Careem by Uber and Souq.com that was earlier acquired by Amazon for over AED 2 billion. Sheikh Mohammed bin Rashid Al Maktoum reaffirmed that Dubai will remain an incubator for talent and an ideal hub for tech entrepreneurs.