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BUSINESS

BUSINESS latest

Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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Azizi Developments Implements Open-source Software
April 5th, 2021 - 01:10 GMT

Azizi Developments Implements Open-source Software

France, EU Seal Deal on Refinancing Air France-KLM
April 5th, 2021 - 12:30 GMT

France, EU Seal Deal on Refinancing Air France-KLM

UAE to Explore New Partnerships in Iraq with $3 Billion
April 5th, 2021 - 12:10 GMT

UAE to Explore New Partnerships in Iraq with $3 Billion

UAE to Offer Discounts on Food Items During Holy Month of Ramadan
April 5th, 2021 - 11:30 GMT

UAE to Offer Discounts on Food Items During Holy Month of Ramadan

Oman Budget Revenues Plummet Amid 35 Percent Fall in Net Oil Income
April 5th, 2021 - 11:00 GMT

Oman Budget Revenues Plummet Amid 35 Percent Fall in Net Oil Income

Saudi Arabia, Pakistan Inks Climate Deal
April 5th, 2021 - 10:30 GMT

Saudi Arabia, Pakistan Ink Climate Deal

Egypt to Begin Second Phase of Economic Reform
April 5th, 2021 - 09:30 GMT

Egypt to Begin Second Phase of Economic Reform

WCM-Q Researchers Investigate Student Stress At Universities In Qatar
April 5th, 2021 - 09:11 GMT

WCM-Q Researchers Investigate Student Stress At Universities In Qatar

Air Canada, Transat Airlines to End Merger Discussions
April 5th, 2021 - 09:00 GMT

Air Canada, Transat Airlines to End Merger Discussions

Crypto News Recap: PayPal, Visa Compete to Provide Crypto Payments Services
April 5th, 2021 - 08:40 GMT

Crypto News Recap: PayPal, Visa Compete to Provide Crypto Payments Services

Ll-new Honda City Makes UAE Debut At Auto Fest 2021
April 5th, 2021 - 08:24 GMT

Ll-new Honda City Makes UAE Debut At Auto Fest 2021

Oman Starts Investment Plans in Green Energy
April 5th, 2021 - 08:15 GMT

Oman Starts Investment Plans in Green Energy

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