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Faraday Future Signs Agreements for Ras Al Khaimah Development, Office and Engineering Space, and an Operational Hub [Yahoo! Finance]

Faraday Future Intelligent Electric Inc. - Class A (FFIE) 
Company Research Source: Yahoo! Finance
It marks a significant advancement in Faraday Future's strategy to establish its operations, sales, and potential manufacturing capabilities within the UAE. LOS ANGELES, October 25, 2024 BUSINESS WIRE )--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("FF", "Faraday Future", or "the Company"), a California-based leader in the shared intelligent electric mobility ecosystem, has officially announced a co-investment agreement with Master Investment Group, owned by Sheikh Abdulla Al Qassimi, a member of the royal family and Deputy Chairman of Customs in Ras Al Khaimah. This collaboration is for the development of the Company's future headquarters in Ras Al Khaimah, a region highly sought after within the United Arab Emirates (UAE). This development signifies the progression of Faraday Future into the operational phase following the launch of its Middle East Strategy last November, facilitating operational and sales activities within the UAE. Master Investment Group aims to com Show less Read more
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