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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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US: House of Representatives Passes Biden's $1.9 Trillion Stimulus Bill
March 11th, 2021 - 09:00 GMT

US: House of Representatives Passes Biden's $1.9 Trillion Stimulus Bill

Ericsson’s Sustainability Performance Drives Business And Societal Value
March 11th, 2021 - 08:43 GMT

Ericsson’s Sustainability Performance Drives Business And Societal Value

Mexico Legalizes Recreational Use of Marijuana
March 11th, 2021 - 08:30 GMT

Mexico Legalizes Recreational Use of Marijuana

New Report Shows Huge Rise In Ai, Automation As Customer, Employee Expectations Shift
March 11th, 2021 - 08:07 GMT

New Report Shows Huge Rise In Ai, Automation As Customer, Employee Expectations Shift

DXB Entertainments Wins Approval for $1.17 Billion Meraas Debt Swap
March 11th, 2021 - 08:00 GMT

DXB Entertainments Wins Approval for $1.17 Billion Meraas Debt Swap

Huawei Thailand Receives Prestigious Prime Minister Award As Digital International Corporation Of The Year
March 11th, 2021 - 07:49 GMT

Huawei Thailand Receives Prestigious Prime Minister Award As Digital International Corporation Of The Year

GCC M&A Transactions Soar 200 Percent in Q4 2020
March 11th, 2021 - 07:30 GMT

GCC M&A Transactions Soar 200 Percent in Q4 2020

NFT Minting Studio
March 11th, 2021 - 07:00 GMT

Cheeze Partners with Dubai Investor to Launch NFT Minting Studio

SHUAA Capital Proposes First Dividend Post-merger On Back Of Strong FY 2020
March 11th, 2021 - 06:01 GMT

SHUAA Capital Proposes First Dividend Post-merger On Back Of Strong FY 2020

Your Full Guide on How To Get the UAE Passport
March 10th, 2021 - 04:00 GMT

Your Full Guide on How To Get the UAE Passport

Dubai Economy issued 4,796 new licenses in February 2021, a growth of 3.4% compared to February 2020
March 10th, 2021 - 03:34 GMT

Dubai Economy issued 4,796 new licenses in February 2021, a growth of 3.4% compared to February 2020

QCDC’s Career Guide Helps Young People Plan For Post-pandemic Future
March 10th, 2021 - 03:23 GMT

QCDC’s Career Guide Helps Young People Plan For Post-pandemic Future

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