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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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During the event
July 12th, 2016 - 09:14 GMT

Huawei and Dubai South to collaborate on smart city innovation

Dubai Silicon Oasis Completes Student Accommodation Complex
July 12th, 2016 - 09:05 GMT

Dubai Silicon Oasis completes student accommodation complex

Epson high-capacity ink tank printers achieve cumulative global sales of 15 million units
July 12th, 2016 - 08:42 GMT

Epson high-capacity ink tank printers achieve cumulative global sales of 15 million units

Al Murooj Rotana, Dubai
July 12th, 2016 - 08:36 GMT

Al Murooj Rotana, Dubai improves Wi-Fi satisfaction and introduces new guest services with Aruba wireless network overhaul

LG Electronics
July 12th, 2016 - 08:07 GMT

LG and Volkswagen commit to jointly develop connected car platform

Careem was founded in 2012 ex-McKinsey consultants Mudassir Sheikha and Magnus Olsson. (Careem)
July 12th, 2016 - 07:48 GMT

App-based car service Careem injects $100B into R&D

Swiss-Belhotel now in Cairo and North Coast, Egypt
July 12th, 2016 - 06:56 GMT

Swiss-Belhotel now in Cairo and North Coast, Egypt

Joe Cowan, president and CEO at Epicor
July 12th, 2016 - 06:25 GMT

Epicor growth strategy affirmed with acquisition by leading global investment firm KKR

Boeing projects a demand for 39,620 new airplanes over the next 20 years, an increase of 4.1 per cent over last year's forecast. (File photo)
July 12th, 2016 - 06:00 GMT

MENA will need over 3,000 new aircraft in next 20 years to meet demand

GE and Microsoft Partner to bring Predix to Azure
July 12th, 2016 - 05:25 GMT

GE and Microsoft Partner to bring Predix to Azure, accelerating digital transformation for industrial customers

During the event
July 12th, 2016 - 05:17 GMT

PepsiCo-Jordan celebrates Eid Al-Fitr with Orphaned Children

During the signing
July 12th, 2016 - 05:13 GMT

Etihad Airways becomes the official airline sponsor of Worldskills Abu Dhabi 2017

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