Public Investment Fund entity makes $1bn Lucid placement.

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المؤلفون: Aguinaldo, Jennifer
المصدر:
MEED Business Review. May2024, Vol. 9 Issue 5, p58-58. 1/3p.
الموضوع:
*PUBLIC investments; *PREFERRED stocks; *CAPITAL investments; *CONTRACTS; NET proceeds

معلومة اضافية
- نبذة مختصرة :
  The article discusses Dubai's approval of a $10.9 billion public-private partnership (PPP) pipeline. The Department of Finance will oversee the portfolio of PPP projects, which will cover 10 sectors from 2024 to 2026. The projects will adhere to a comprehensive performance framework and have access to a digital platform for managing PPP projects. Additionally, the article mentions that the Public Investment Fund (PIF) entity has made a $1 billion placement in US-based electric car maker Lucid Group, indicating the PIF's continued support. [Extracted from the article]
- نبذة مختصرة :
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