How PIF Is Investing in EVs: Lucid’s $1.4bn Turnaround Plan Takes Shape
How PIF is investing in EVs comes into sharper focus this week, as Lucid Group laid out a $1.4bn plan to trim cash burn and steady its business. The electric vehicle maker posted second-quarter revenue of $405m, up 56 per cent from a year earlier. It built 4,774 cars and delivered 3,953, gains of 24 […]
Dubai Duty Free now accepts crypto payments across DXB and online channels
Dubai Duty Free now accepts crypto payments, a step that puts one of the world’s largest single-airport retailers inside Dubai’s wider move toward digital money. The retailer has become the first airport operator in the Middle East to add Crypto.com Pay as a regulated digital payment option. Eligible customers can use it at Dubai International […]