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BUSINESS

BUSINESS latest

Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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China Cancels Flights During Country's Worst Sandstorm in a Decade
March 15th, 2021 - 10:30 GMT

China Cancels Flights During Country's Worst Sandstorm in a Decade

Huawei Upgrades the User Experience on Huawei Browser and Newsfeed
March 15th, 2021 - 10:21 GMT

Huawei Upgrades the User Experience on Huawei Browser and Newsfeed

China: Economy Recovery Accelerates As Factories, Consumers Activities Surge
March 15th, 2021 - 10:00 GMT

China: Economy Recovery Accelerates As Factories, Consumers Activities Surge

DMCC Welcomes ‘the Place Business Center’ To Its Business Community
March 15th, 2021 - 09:53 GMT

DMCC Welcomes ‘the Place Business Center’ To Its Business Community

Ericsson USA 5G Smart Factory Recognized as ‘Global Lighthouse’ by the World Economic Forum
March 15th, 2021 - 09:35 GMT

Ericsson USA 5G Smart Factory Recognized as ‘Global Lighthouse’ by the World Economic Forum

Saudi SMEs' Loan Guarantees Increase 106 Percent
March 15th, 2021 - 09:30 GMT

Saudi SMEs' Loan Guarantees Increase 106 Percent

Steve Papermaster, Nano's Chairman & CEO.
March 15th, 2021 - 09:21 GMT

Nano Announces Lead Investor Commitment for $90 Million Funding Round

Saudi Arabia Cuts Power Tariff to Boost Cloud Computing
March 15th, 2021 - 09:00 GMT

Saudi Arabia Cuts Power Tariff to Boost Cloud Computing

Schneider Electric Partners With Origin Systems To Deliver Smart Factory Solutions for the Gulf’s Manufacturers
March 15th, 2021 - 08:59 GMT

Schneider Electric Partners With Origin Systems To Deliver Smart Factory Solutions for the Gulf’s Manufacturers

Jazeera Airways Launches Flights To Addis Ababa, Ethiopia
March 15th, 2021 - 08:49 GMT

Jazeera Airways Launches Flights To Addis Ababa, Ethiopia

Pearson Highlights Emerging Trends in the Education Industry To Look Out for in 2021
March 15th, 2021 - 08:08 GMT

Pearson Highlights Emerging Trends in the Education Industry To Look Out for in 2021

Brent Crude Heads Towards $70 As Market Anticipates Saudi Cargoes to Asia
March 15th, 2021 - 08:00 GMT

Brent Crude Heads Towards $70 As Market Anticipates Saudi Cargoes to Asia

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