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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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Concerns however remain depending on how the situation evolves in the coming days.
September 2nd, 2013 - 01:23 GMT

Thanks to delayed US action, GCC markets are rebounding

 
Al-Faisal said on 19 August that his country, which boasts a budget surplus of over $100 billion, would compensate Egypt for any aid cuts from Western nations.
September 2nd, 2013 - 12:37 GMT

"Aid to Egypt will not be cut", promises Saudi Arabia

 Buildings to be constructed in the near future in Dubai will be built under a new set of rules to ensure they are able to withstand earthquakes within the region.
September 2nd, 2013 - 11:53 GMT

Are Dubai’s towers earthquake-proof?

"Priceless Arabia will give cardholders unique experiences in one of the world’s most diverse and exciting regions,” said MasterCard.
September 2nd, 2013 - 09:18 GMT

MasterCard now providing cardholders a 'Priceless' experience in the Middle East

The minister said that priority was given to funding “added-value projects that can solve central issues of energy, water and transportation”.
September 2nd, 2013 - 06:36 GMT

Jordan ready to utilize GCC grant, but waiting for payments and green light

“Our top priority at JIB is to attract investments in the renewable energy sector due to the dire need of the Kingdom to diversify energy resources," said Awni Rushound, CEO of the Jordan Investment Board.
September 2nd, 2013 - 06:26 GMT

Jordan's energy sector about to attract phenomenal investments

HSBC will discontinue sales of any new Wealth Investment or Wealth Insurance products in Lebanon, Jordan and Bahrain from 07 October 2013.
September 1st, 2013 - 01:39 GMT

HSBC suspends wealth management in three MENA countries

UAE airlines’ expansion in the region has helped boost numbers of Saudi Arabian visitors to the UAE.
September 1st, 2013 - 01:21 GMT

Saudi spending habits driving UAE retail revenues

Based on the agreement, Iran would earn $3.7 billion a year from natural gas exports to Iraq.
September 1st, 2013 - 12:55 GMT

Iran to remain bound by gas export deal with Iraq

Qantas which reduced its international losses from $484 million to $246 million in financial year 2012-13, still has to cover a long distance before flying on high altitude.
September 1st, 2013 - 10:27 GMT

Qantas and Emirates airline about to reach higher profit altitudes

The bank has said it is providing financial institutions with U.S. dollars at the rate of 175 pounds since last month.
September 1st, 2013 - 09:45 GMT

Syrian regime has had enough --with currency flight

The International Atomic Energy Agency (IAEA) is providing technical assistance to GCC states in this regard.
September 1st, 2013 - 08:24 GMT

Learning the lesson: GCC plans emergency nuke alert system

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