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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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Al Salam Bank Is the First Bank To Hand Over a Customer Villa in Phase Two of the Deerat Al Oyoun Project  for the Second Time
March 29th, 2021 - 08:53 GMT

Al Salam Bank Is the First Bank To Hand Over a Customer Villa in Phase Two of the Deerat Al Oyoun Project for the Second Time

UAE Travellers Gifts Should not Exceed Dh3,000 in Value
March 29th, 2021 - 08:30 GMT

UAE: Travellers Gifts Should not Exceed Dh3,000 in Value

Arabic Google Assistant Will Now Respond With Expert-Reviewed Information on Emotional Wellbeing
March 29th, 2021 - 07:51 GMT

Arabic Google Assistant Will Now Respond With Expert-Reviewed Information on Emotional Wellbeing

DMCC Partners With C3 for the Third Edition of the C3 Social Impact Accelerator Program Powered by HSBC
March 29th, 2021 - 07:41 GMT

DMCC Partners With C3 for the Third Edition of the C3 Social Impact Accelerator Program Powered by HSBC

Help AG Unifies Security Services in the Cloud With Cyber Edge X
March 29th, 2021 - 07:13 GMT

Help AG Unifies Security Services in the Cloud With Cyber Edge X

Four Areas Middle East Companies Should Look To Restart, Reinvent and Renew
March 29th, 2021 - 07:04 GMT

Four Areas Middle East Companies Should Look To Restart, Reinvent and Renew

Crypto News Recap: Tesla Offers Bitcoin As Payment Option, NFT Mania Might be Getting out of Hands
March 29th, 2021 - 07:00 GMT

Crypto News Recap: Tesla Offers Bitcoin As Payment Option, NFT Mania Might be Getting out of Hand

Pre-orders will be open for the Golf GTI across the Middle East region
March 29th, 2021 - 06:54 GMT

Coming Soon To the Middle East: The New Volkswagen Golf GTI

Al Warqa Has 1,645 Operating Companies To Date, Says Dubai Economy
March 29th, 2021 - 06:26 GMT

Al Warqa Has 1,645 Operating Companies To Date, Says Dubai Economy

Khimji’s House of Travel in Oman Turns To Amadeus To Accelerate Its Digital Transformation Journey
March 29th, 2021 - 06:10 GMT

Khimji’s House of Travel in Oman Turns To Amadeus To Accelerate Its Digital Transformation Journey

Bentley Systems Issues Call for Nominations for the  2021 Going Digital Awards in Infrastructure
March 29th, 2021 - 06:00 GMT

Bentley Systems Issues Call for Nominations for the 2021 Going Digital Awards in Infrastructure

Egypt to Invest $14 Billion to Develop Rail Network
March 29th, 2021 - 06:00 GMT

Egypt to Invest $14 Billion to Develop Rail Network

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