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Musk trillionaire
June 14th, 2026 - 07:37 GMT
P. Choiaqo

P. Choiaqo

Musk becomes world's first trillionaire; who's next?

ALBAWABA - SpaceX went public with a market valuation of more than $2 trillion, making Musk not just a trillionaire over the weekend, but also richer than the next four billionaires on the Forbes list combined. SpaceX’s debut made it the sixth-largest company in the US as it sold $75 billion in shares to public investors; consequently, it made the unimaginably rich tech mogul Musk even richer as he writes ...
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In 2011, private sector workers were promised an ‘emergency allowance’ if their pre-tax salary, not their take-home salary, failed to reach the LE700 minimum.
September 19th, 2013 - 09:37 GMT

Egypt sets frugal minimum wage

Syrian annual inflation rate hit 68% in May 2013 while prices continue to rise; announced the Syrian central bureau of statistics website on Wednesday.
September 19th, 2013 - 09:13 GMT

Syria's inflation rates skyrocketing

Prince Alwaleed, the principal shareholder of the Rotana Group, is also the beneficial owner of approximately 7 percent of 21 Century Fox’s  Class B Common Stock.
September 19th, 2013 - 07:23 GMT

More music, more films, more Rotana! Alwaleed ok's expansion and restructuring

Saudi Arabia is offering $1 trillion worth of investment opportunities.
September 19th, 2013 - 07:02 GMT

More money, more spending: Saudi Arabia's spending boom to reach $718 billion

Payments for oil are estimated to rise to 4 million tons in the year ending March 31, versus 3.9 million tons in the previous 12 months
September 18th, 2013 - 02:55 GMT

Iran plans to import 10 million liters of Indian premium gasoline per day

US discuss technical support to Jordanian industries
September 18th, 2013 - 12:55 GMT

Jordan-US ready to embrace tighter economic ties

The solar EOR project produces a daily average of 50 tonnes of emissions free steam
September 18th, 2013 - 11:01 GMT

Middle East’s first Solar EOR project lighting the way

The budget deficit up to June of this year reached 28.1 percent of spending
September 18th, 2013 - 09:40 GMT

Lebanon’s budget deficit to rise to drastic levels

IBM detailed the anticipated rise of smart cities that have been specifically designed to collect data, analyze it, and use it to improve the quality of city life.
September 18th, 2013 - 08:34 GMT

Saudi IT market to increase twelve-fold by 2016!

Dubai Airports experienced overwhelming support from volunteers in its trial recruitment campaign and was oversubscribed within the first 48 hours.
September 18th, 2013 - 07:52 GMT

Clear for take off: Dubai's largest airport in the world set to launch

The automotive sector in the Middle East remains upbeat despite turbulence in many countries in the region.
September 18th, 2013 - 07:39 GMT

Unlike rest of the world, Middle East car sales to grow in double digits

Despite knowing what they want to achieve, investors do not have a clear plan to meet their financial goals.
September 18th, 2013 - 07:25 GMT

UAE investors ready to take on more risks without much knowledge

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