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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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Lootah Real Estate Development’s Fractional Ownership Platform Receives Over 3,000 Enquiries in 2 Months
March 22nd, 2021 - 08:45 GMT

Lootah Real Estate Development’s Fractional Ownership Platform Receives Over 3,000 Enquiries in 2 Months

Egypt's Central Bank Issues EGP19 Billion Worth of Treasury Bills
March 22nd, 2021 - 08:30 GMT

Egypt's Central Bank Issues EGP19 Billion Worth of Treasury Bills

Red Hat Refines Kubernetes for Both Traditional and Cloud-Native Applications With Latest Version of Red Hat Openshift
March 22nd, 2021 - 08:17 GMT

Red Hat Refines Kubernetes for Both Traditional and Cloud-Native Applications With Latest Version of Red Hat Openshift

Crypto News Recap: Bitcoin Mining Revenues Records New All-Time-High
March 22nd, 2021 - 08:00 GMT

Crypto News Recap: Bitcoin Mining Revenues Hit New All-Time-High

Cisco Report Finds That Cryptomining Malware Activity Affected 69% of Customers in 2020
March 22nd, 2021 - 07:57 GMT

Cisco Report Finds That Cryptomining Malware Activity Affected 69% of Customers in 2020

6 Powerful Women Transforming the Business World in the Levant
March 22nd, 2021 - 07:30 GMT

6 Powerful Women Transforming the Business World in the Levant

Bag a Number That No-One Will Forget at Ooredoo’s Number Auction
March 22nd, 2021 - 07:12 GMT

Bag a Number That No-One Will Forget at Ooredoo’s Number Auction

SEHA Partners With Eido Healthcare UK To Strengthen Patient Education and Experience in Surgery
March 22nd, 2021 - 07:06 GMT

SEHA Partners With Eido Healthcare UK To Strengthen Patient Education and Experience in Surgery

Emirates Cricket Board’s Domestic ‘D10’ Tournament Edition 2021 the 'Fancode Emirates D10 Powered by sky247.Net’ Is Set for Play Late March
March 22nd, 2021 - 06:54 GMT

Emirates Cricket Board’s Domestic ‘D10’ Tournament Edition 2021 the 'Fancode Emirates D10 Powered by sky247.Net’ Is Set for Play Late March

Dubai Sports Council and International Cycling Federation Discuss Strengthening Cooperation
March 22nd, 2021 - 06:31 GMT

Dubai Sports Council and International Cycling Federation Discuss Strengthening Cooperation

NBO Holds Second Al Kanz Draw of the Year, Giving Omr 290,000 in Cash Prizes
March 22nd, 2021 - 06:19 GMT

NBO Holds Second Al Kanz Draw of the Year, Giving Omr 290,000 in Cash Prizes

Mercedes-Benz Oman Launches New Website To Provide Customers With Premium Digital Services
March 22nd, 2021 - 05:55 GMT

Mercedes-Benz Oman Launches New Website To Provide Customers With Premium Digital Services

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