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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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Oman to Implement 5 Percent VAT Starting April 16
March 14th, 2021 - 02:00 GMT

Oman to Implement 5 Percent VAT Starting April 16

Scandinavia Tops Ranking for Global Sustainable Tourism
March 14th, 2021 - 01:30 GMT

Scandinavia Tops Ranking for Global Sustainable Tourism

Al-Futtaim’s Trading Enterprises Expands Its UAE Footprint With an All-New Service Facility in Abu Dhabi
March 14th, 2021 - 01:01 GMT

Al-Futtaim’s Trading Enterprises Expands Its UAE Footprint With an All-New Service Facility in Abu Dhabi

Poverty Affects More than 100 Million People in the EU
March 14th, 2021 - 01:00 GMT

Poverty Affects More than 100 Million People in the EU

All Pure Electric Volvo Models to Be Available Online Only
March 14th, 2021 - 12:50 GMT

All Pure Electric Volvo Models to Be Available Online Only

Two Winners Share Dh1 Million in Mahzooz Draw
March 14th, 2021 - 12:41 GMT

Two Winners Share Dh1 Million in Mahzooz Draw

Georgetown’s Virtual Model UN Brings Together Students to QF for Dialogue and Debate
March 14th, 2021 - 12:35 GMT

Georgetown’s Virtual Model UN Brings Together Students to QF for Dialogue and Debate

AstraZeneca Increases Cuts in Deliveries to EU
March 14th, 2021 - 12:30 GMT

AstraZeneca Increases Cuts in Deliveries to EU

National Bank of Oman Appoints Ali Al Lawati as Head of Private Banking
March 14th, 2021 - 12:29 GMT

National Bank of Oman Appoints Ali Al Lawati as Head of Private Banking

DMCC and Executive Office (AML/CFT) Support Framework Revisions for Hand Carry Gold
March 14th, 2021 - 12:16 GMT

DMCC and Executive Office (AML/CFT) Support Framework Revisions for Hand Carry Gold

Globally Admired Kia Sorento Lands in Africa and the Middle East
March 14th, 2021 - 12:04 GMT

Globally Admired Kia Sorento Lands in Africa and the Middle East

Kuwait: Spending Levels Fall KD 4 Billion
March 14th, 2021 - 12:00 GMT

Kuwait: Spending Levels Fall KD 4 Billion

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