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BUSINESS

BUSINESS latest

Musk trillionaire
June 14th, 2026 - 07:37 GMT
P. Choiaqo

P. Choiaqo

Musk becomes world's first trillionaire; who's next?

ALBAWABA - SpaceX went public with a market valuation of more than $2 trillion, making Musk not just a trillionaire over the weekend, but also richer than the next four billionaires on the Forbes list combined. SpaceX’s debut made it the sixth-largest company in the US as it sold $75 billion in shares to public investors; consequently, it made the unimaginably rich tech mogul Musk even richer as he writes ...
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Ramada Downtown Dubai and Hawthorn Suites by Wyndham JBR reached out to the community during the Holy Month by donating food, drinks and dates at select Ramadan sharing fridges.
June 14th, 2018 - 08:49 GMT

Ramada Downtown Dubai and Hawthorn Suites by Wyndham Contribute to Sharing Fridges

M Hotel Downtown by Millennium - One Bedroom Suite.
June 14th, 2018 - 08:24 GMT

Celebrate Eid at M Hotel Downtown by Millennium

The doodle, created by 32 artists from different countries, depict exciting fans with drums and other instruments, who are welcoming the quadrennial tournament with great pomp and fervour. (Google)
June 14th, 2018 - 07:59 GMT

Google Honours FIFA World Cup's Cultural Diversity

In its fifth edition, Cash & Rocket Tour makes its debut in the United States aiming to break the record of 1.4 million euros fundraised in the previous event that was organised in 2015.
June 14th, 2018 - 07:53 GMT

Maserati Joins Cash & Rocket Tour 2018

The features would showcase relevant tweets to a live event. (Shutterstock)
June 14th, 2018 - 07:27 GMT

Twitter Announces New Live News Features

Turkish minister says train to start operating on June 18 from Iran's Tabriz to eastern Turkey's Van province. (Shutterstock)
June 14th, 2018 - 07:22 GMT

Turkey, Iran to Start Passenger Rail Service Soon

Qatar also announced a $500 million investment package targeting Jordan's infrastructure and tourism projects. (QT)
June 14th, 2018 - 07:08 GMT

Qatar Pledges 10,000 Jobs, $500 Million Aid for Jordan

Egyptians are expected to pay up to 20.9% rise in a household, and factories are expected to pay up to 41.8% rise. (Shutterstock)
June 14th, 2018 - 07:02 GMT

Egypt’s Electricity Prices to Hike by 26 Percent This July

Iranian officials have said nuclear activities could be resumed. (Shutterstock)
June 14th, 2018 - 06:55 GMT

Iran Says It Cannot Remain in Nuclear Deal Without Benefits

Residential properties in Riyadh. The Saudi government aims to boost home ownership among citizens from 50 percent to 60 percent. (Shutterstock)
June 14th, 2018 - 06:45 GMT

Fixed-Rate Mortgages to Boost Saudi Arabia’s Home Ownership

The UAE's new measures should offer relief for businesses across all sectors. (Shutterstock)
June 14th, 2018 - 06:36 GMT

UAE's Reform Measures to Offer Relief for Businesses Across All Sectors

The Kingdom’s production was up 100,000 barrels per day (bpd) to 10.02 million barrels. (Shutterstock)
June 14th, 2018 - 06:30 GMT

Saudi Arabia Raises Oil Output Amid Fears of Supply Crunch

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