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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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Card holders can also enjoy exclusive offers on global hotel bookings, access to global airport lounges, complimentary multi-trip travel insurance and buy-one-get-one-free offers at cinemas across the UAE.
September 18th, 2013 - 06:14 GMT

Manchester City and First Gulf Bank hook up

Investment opportunities between Kuwait and India
September 17th, 2013 - 02:55 GMT

Kuwait eyes closer ties with India

The local domains also present a big opportunity for advertisers
September 17th, 2013 - 12:55 GMT

YouTube extends reach in the Arab world

Al Khonji fears that in the event of shortage of staff and inability to hire expensive Omani manpower, some of the smaller businesses will be left with no choice but to close down.
September 17th, 2013 - 12:16 GMT

No wives, no children for many: Oman tightens rules on expatriate workers

Uganda, South Sudan and Kenya "possibly" within this year will create a joint company to construct and maintain the oil pipeline
September 17th, 2013 - 11:10 GMT

Japanese firm to lay a 2,000 km pipeline to export South Sudan and Uganda's oil

Qatar shows a high degree of investor confidence
September 17th, 2013 - 10:28 GMT

Qatar's oil & gas sector buoys investor confidence

State debt is now around 140 percent of GDP, a figure which had fallen in the years of fast growth but which could increase again.
September 17th, 2013 - 08:18 GMT

Lebanon's central bank trying hard to pump growth

Yinchuan had the only certified centre for Halal food in China.
September 17th, 2013 - 08:08 GMT

China wooing Arab investors with Islamic products

However, expectations for the future are high in the region with almost half of the survey’s respondents expecting their personal financial situation to improve in six months (Pictured: an empty shopping scene in Beirut).
September 17th, 2013 - 06:09 GMT

The outlier in the bayt.com survey: 8 out of 10 Lebanese worse off financially

The IRISL, which carries an estimated one third of the country's dry bulk and container seaborne trade, faced European Union sanctions for its alleged role in smuggling banned weapons.
September 17th, 2013 - 04:55 GMT

EU court revokes sanctions against Iranian shipping line

Data for the quarterly Bayt.com Consumer Confidence Index survey (September 2013) was collected online from July 28-August 15 2013.
September 16th, 2013 - 12:33 GMT

If only the poor can access bayt.com: according to the site, most Arabs are expecting improvements in finances

Nourah urged the Ministry of Labor and local chambers of commerce to facilitate procedures for Saudi women and help them to set up their own businesses.
September 16th, 2013 - 11:23 GMT

When all else fails: Saudi woman finds catering business lucrative

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