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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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Despite the rising influx of refugees, the Lebanese state has yet to draft a comprehensive plan to meet increasing needs, particularly in the health and education sectors.
September 8th, 2013 - 12:45 GMT

World Bank to attempt and rectify Syria's economic toll on Lebanon

The theme of the conference this year was, “Extending Horizon’s Charting Asia’s Flourishing Future.”
September 8th, 2013 - 08:15 GMT

Harvard,AUD host conference on global socioeconomic issues in Dubai

The NBK pointed out that the investment sector sales totaled KD176 million in July, almost double the amount seen a year earlier.
September 8th, 2013 - 07:33 GMT

Kuwait's real estate and investment sectors booming to record levels

The biggest damage resulting from the closure of oil facilities is the reduction in the production of oil and gas, which has caused a deficit in the general budget of the Libyan state.
September 5th, 2013 - 01:54 GMT

Libya's oil production: hitting rock bottom?

Head of the Industrialists Association Nehmat Frem warned that Lebanon had crossed into dangerous territory when its public debt grew above $60 billion.
September 5th, 2013 - 01:48 GMT

Lebanon's private sector strike described as 'unmatched in 40 years'

The country’s strong performance in terms of competitiveness rests on solid foundations made up of a high-quality institutional framework (4th), a stable macroeconomic environment (6th), and an efficient goods market (3rd), the report said.
September 5th, 2013 - 12:55 GMT

Qatar shining as most competitive economy in the Middle East

While Syria is not a big oil producer, investors are worried that a strike by Western forces against the country could spread unrest in the Middle East and disrupt supply from the region that pumps a third of the world’s crude.
September 5th, 2013 - 12:29 GMT

GCC markets remain as shaky as Obama's decision-making

 Battery life, a key challenge for most wearable devices, has improved to over 27 hours under Samsung's normal-use tests.
September 5th, 2013 - 12:09 GMT

Samsung unveils smartwatch

Nearly 80 per cent complete and located in a prime residential area in close proximity to Dubai Mall, Emirates Towers, Burj Khalifa and the Financial Centre metro station, the Central Park tower will comprise 426 apartments (Pictured: Dubai's International Financial Centre).
September 5th, 2013 - 10:20 GMT

A very different 'Central Park' coming to Dubai

In 2011, a small group of activists and shareholders informally investigated the performance of the company, discovering several instances of corruption.
September 5th, 2013 - 09:55 GMT

Jordan's Amwal Invest suing Ernst and Young over alleged fraud

According to market research from Euromonitor International, the regional outlook for the beauty industry is extremely positive.
September 5th, 2013 - 08:33 GMT

When make-up and politics don't mix: ME beauty sector set to grow despite turmoil

A more likely military strike would send gold higher again.
September 4th, 2013 - 03:12 GMT

Gold prices hit hard by pending US strike on Syria

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