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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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“Wall Street continues to focus on increasing its market share and expanding its presence across the UAE, said Sultan bin Kharsham.
September 15th, 2013 - 08:49 GMT

More Wall Street to come to Jumeirah

Lagarde refused to comment on the money that Egypt received from the Gulf Cooperation Council (GCC).
September 15th, 2013 - 07:46 GMT

Egypt to IMF: Thanks, but no thanks, the Gulf's got us covered

New York crude had struck $112.24 a barrel at the end of August, which was the highest level for more than two years.
September 15th, 2013 - 06:49 GMT

Oil prices eased by ongoing Syria talks


The Qatar Exchange (QE) has 42 listed companies. Its aggregate market capitalization as of Sept. 10 was $144 billion.
September 12th, 2013 - 12:51 GMT

Qatar's listed companies to double in five years!

"According to sources familiar with this market, sales have increased to the point that “there is a container or two each day, loaded with various kinds of foodstuffs, going from Tripoli to Syria.” These factories are flourishing in a manner they never dreamed of (Photo credit:Getty).
September 12th, 2013 - 11:55 GMT

The silver lining in Lebanon's deteriorating economy? Canned goods demand boosted by Syrian refugees

As the economy has improved and various sectors such as retail, tourism and real estate have shown significant improvements, banks in the UAE, including Mashreq, have experienced 20 per cent growth in the first six months."
September 12th, 2013 - 11:20 GMT

UAE banks' growth figures on phenomenal upswing

"You wanted to do more with your smartphone. You wanted a bigger screen and bigger input capabilities. The first Galaxy Note was just the beginning. Today we cross a new boundary by pushing higher," said co-CEO and head of Samsung's mobile business.
September 12th, 2013 - 10:14 GMT

iPhone, who cares? Samsung dominates Saudi Market

Dozens of Lebanese firms are moving their operations abroad, the head of the Beirut Chamber of Commerce told The Daily Star Wednesday, amid what he termed was an “unprecedented economic slowdown.”
September 12th, 2013 - 09:37 GMT

As if the brain drain wasn't enough: energy costs could drive Lebanese businesses away

Pictured: the Iraqi invasion of Kuwait in 1990, which Iraq's new government is still paying the price for.
September 12th, 2013 - 08:48 GMT

The price of the past: Iraq reiterates commitment to pay Kuwait compensations

he King stressed the need to boost foreign investments in Jordan by implementing mega-projects concerned with securing energy and water security, according to a Royal Court statement.
September 12th, 2013 - 08:43 GMT

Taking the lead: King Abdullah of Jordan makes economic demands to Parliament

The 17-sq m lounge is designed to offer guests a comfortable environment to relax while they wait for their luggage.
September 12th, 2013 - 08:12 GMT

Jordan's fancy new airport about to get fancier with a Four Seasons lounge

5C has the same body, same processor and same retina display as the iPhone 5, and the only difference is the polycarbonate shell instead of the metal shell on iPhone 5.
September 12th, 2013 - 07:18 GMT

For emerging markets, the 'c' in iPhone 5c might stand for 'colorful', but certainly not for 'cheap'

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