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"Assessing Tesla's Pay Package: T. Rowe Price's Perspective"

Mutual fund firm T. Rowe Price stated that Elon Musk's 2018 pay package from Tesla demonstrated strong alignment with the interests of investors, providing important support after a Delaware judge voided the package in January. Tesla plans to hold a special vote at its annual shareholder meeting to re-approve Musk's 2018 pay package. T. Rowe Price, a major Tesla investor, held 22.4 million Tesla shares as of Dec 31 and suggested a new shareholder vote, stating that Musk had met the terms of the original award.

1 year ago•Source: Reuters

Egypt Secures Record $35 Billion UAE Investment for Mediterranean Development

business-investment

4.27 min•1 year ago

Egypt Secures Record $35 Billion UAE Investment for Mediterranean Development

Egypt has signed a $35 billion deal with the United Arab Emirates to develop the Ras El Hekma peninsula on its Mediterranean coast, with potential investments reaching $150 billion. The investment, led by the UAE's ADQ, aims to boost Egypt's struggling economy, which has been facing chronic foreign currency shortages and economic pressures linked to the war in Gaza. The deal is expected to bring significant liquidity to cover Egypt's financing gap over the next four years and could provide a much-needed boost to the country's economy.

via Reuters

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"Assessing Tesla's Pay Package: T. Rowe Price's Perspective"

Egypt Secures Record $35 Billion UAE Investment for Mediterranean Development

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