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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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Buna Continues To Grow Its Diversified Set of Innovative Solutions and Announces Plans To Launch Instant Payments and Trade Finance
March 30th, 2021 - 08:27 GMT

Buna Continues To Grow Its Diversified Set of Innovative Solutions and Announces Plans To Launch Instant Payments and Trade Finance

Out of Sight but Not Out of Mind: UAE Employees Believe Strong Company Cultures Will Underpin a Successful Hybrid World of Work
March 30th, 2021 - 08:09 GMT

Out of Sight but Not Out of Mind: UAE Employees Believe Strong Company Cultures Will Underpin a Successful Hybrid World of Work

Iran Aims to Bolster Ties with China Against Western Bloc
March 30th, 2021 - 08:00 GMT

Iran Aims to Bolster Ties with China Against Western Bloc

Morocco Halts Flights from France, Spain over COVID Worries
March 30th, 2021 - 07:30 GMT

Morocco Halts Flights from France, Spain over COVID Worries

Huawei Freebuds 4I: One of the Most Immersive Sounding Earphones Is Available Today in Oman
March 30th, 2021 - 07:14 GMT

Huawei Freebuds 4I: One of the Most Immersive Sounding Earphones Is Available Today in Oman

NBO Announces Abdullah Al Jabri as New Head of Asset Management
March 30th, 2021 - 07:11 GMT

NBO Announces Abdullah Al Jabri as New Head of Asset Management

Al-Futtaim’s Trading Enterprises Presents the New 2021 Dodge Durango at Auto Fest
March 30th, 2021 - 07:01 GMT

Al-Futtaim’s Trading Enterprises Presents the New 2021 Dodge Durango at Auto Fest

Arab Aviation Summit Calls for Collaboration to Ramp up Industry Recovery
March 30th, 2021 - 07:00 GMT

Arab Aviation Summit Calls for Collaboration to Ramp up Industry Recovery

ADNOC: Historic Moment as World's First Murban Futures Contracts Commence Trading
March 30th, 2021 - 06:57 GMT

ADNOC: Historic Moment as World's First Murban Futures Contracts Commence Trading

Azizi Developments Delivers MINA on Palm Jumierah
March 30th, 2021 - 06:52 GMT

Azizi Developments Delivers MINA on Palm Jumierah

Al Tayer Motors Wins Two Prestigious Global Awards From Ford for the Second Consecutive Year
March 30th, 2021 - 06:39 GMT

Al Tayer Motors Wins Two Prestigious Global Awards From Ford for the Second Consecutive Year

Saudi Islamic Fintech Market Set to Hit $47.5 Billion by 2025
March 30th, 2021 - 06:30 GMT

Saudi Islamic Fintech Market Set to Hit $47.5 Billion by 2025

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