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Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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Saudi Central Bank Reiterates Commitment to Riyals-Dollar Peg
May 5th, 2020 - 07:15 GMT

Saudi Central Bank Reiterates Commitment to Riyals-Dollar Peg

Smart Apps That Will Help You Avoid Wasting Food During Ramadan
May 4th, 2020 - 03:00 GMT

6 Smart Apps That Will Help You Avoid Wasting Food During Ramadan

Global Markets Round-up: Stocks Plummet As US-China Tensions Flare Again
May 4th, 2020 - 12:30 GMT

Global Markets Round-up: Stocks Plummet As US-China Tensions Flare Again

Easyjet Founder Warns Stakes Could Go Down The Drain Unless Shareholders Support His Campaign
May 4th, 2020 - 12:00 GMT

Easyjet Founder Warns Stakes Could Go Down The Drain Unless Shareholders Support His Campaign

Asia: COVID-19 Freezes Global Production, Hit Demand
May 4th, 2020 - 11:30 GMT

Asia: COVID-19 Freezes Global Production, Hit Demand

Rystad: Oil Glut to Halve to 13.6 Million bpd in May
May 4th, 2020 - 11:00 GMT

Rystad: Oil Glut to Halve to 13.6 Million bpd in May

Turkey Ranks Second In Business Fraud Index
May 4th, 2020 - 10:30 GMT

Turkey Ranks Second In Business Fraud Index

Middle East: Easing COVID-19 Restrictions to Reopen Economies
May 4th, 2020 - 10:00 GMT

Middle East: Easing COVID-19 Restrictions to Reopen Economies

UAE: Abu Dhabi's Non-Oil Foreign Trade Hits $10 Billion in January, February
May 4th, 2020 - 09:45 GMT

UAE: Abu Dhabi's Non-Oil Foreign Trade Hits $10 Billion in January, February

McAfee MVISION Cloud to Support Microsoft Teams Security
May 4th, 2020 - 09:00 GMT

McAfee MVISION Cloud to Support Microsoft Teams Security

US: Over $500 Billion Loans Processed to Small Businesses Hit by COVID-19
May 4th, 2020 - 08:30 GMT

US: Over $500 Billion Loans Processed to Small Businesses Hit by COVID-19

UAE: Fired During Probation Period? Here's What Your Employer Owes You
May 4th, 2020 - 08:00 GMT

UAE: Fired During Probation Period? Here's What Your Employer Owes You

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