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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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Talal Al Dhiyebi, Chief Development Officer at Aldar Properties
July 11th, 2016 - 10:18 GMT

Aldar Properties unveils the first mural artwork in Al Raha Beach

During the event
July 11th, 2016 - 10:16 GMT

DEWA hosts Emirates Green Building Council Seminar at its Sustainable Building

During the event
July 11th, 2016 - 09:52 GMT

Bank Nizwa wins two awards at the 2016 Middle East Call Centre Awards

Fujitsu
July 11th, 2016 - 09:07 GMT

Fujitsu Information Capture Conference 2016 in London

During the event
July 11th, 2016 - 09:03 GMT

IHG® employees Celebrate Service Week with an Inter-Hotel Sports Day!

LG Electronics
July 11th, 2016 - 08:24 GMT

LG releases preliminary earnings for second-quarter 2016

Bangkok
July 11th, 2016 - 08:15 GMT

flydubai announces launch of double daily flights to Bangkok

Air Arabia touches down in Batumi
July 11th, 2016 - 08:12 GMT

Air Arabia expands its European route network with the launch of new services to Batumi

The global banking industry currently spends $500 billion on technology. (Shutterstock)
July 11th, 2016 - 08:00 GMT

GCC banks playing catch up with financial technology

Pankaj Kundra, Head of Payments at Mashreq
July 11th, 2016 - 07:56 GMT

Mashreq and The Ritz-Carlton, Dubai make the summer more rewarding

During the event
July 11th, 2016 - 07:25 GMT

DAFZA receives high-profile delegation from China to transfer expertise in free zone management

GEMS Education
July 11th, 2016 - 06:48 GMT

GEMS Winchester School opening in Fujairah

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