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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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Hamad Medical Corporation
July 3rd, 2016 - 05:18 GMT

HMC Hospitals announce operating hours for the Eid Al-Fitr holiday

Qatar Foundation
July 3rd, 2016 - 05:15 GMT

WISE creates learning opportunities for Syrian refugees

During the event
July 3rd, 2016 - 05:09 GMT

Telecommunication Regulatory Authority spreads awareness on how families can protect their children from blackmail

Gulf Bank
July 3rd, 2016 - 05:00 GMT

Gulf Bank announces winners of its Quarterly Trio Draw

The agreement grants Iraq a one-year grace period and a total of 8 1/2 years to pay for military purchases.  (Twitter)
June 30th, 2016 - 01:00 GMT

US extends $2.7B military finance credit to Iraq

Debit cards for accounts in foreign currency can still be used abroad up to a limit of $100,000 as per a 2014 directive. (File photo)
June 30th, 2016 - 12:00 GMT

Egypt: Foreign currency crisis prompts ban on use of debit cards overseas

The second half of 2016 is going to play host to an impressive number of consumer tech products that will be better than their predecessors in every way imaginable. (Shutterstock/View Apart)
June 30th, 2016 - 11:43 GMT

The buzz on upcoming tech product releases

Russian tourism to Turkey last month was down more than 90 per cent year on year. (Shutterstock)
June 30th, 2016 - 11:10 GMT

Russia lifts tourism ban against Turkey

The contract comes shortly after Italian shipbuilder Fincantieri won a bid to supply the Qatari navy with seven new vessels.  (Gadget Style)
June 30th, 2016 - 11:00 GMT

Qatar awards MBDA Italia $1.1B missile contract

DEWA HEAD Office
June 30th, 2016 - 10:39 GMT

DEWA launches Abayaty project for the sixth year running

Essa Kazim - Governor of DIFC, Chairaman of DIFC Auothrity Board
June 30th, 2016 - 10:07 GMT

HSBC Bank Middle East limited completes transfer to the Dubai International Financial Centre

The merger is part of Abu Dhabi economic reforms which commenced in 2001. (Erem News)
June 30th, 2016 - 10:00 GMT

Abu Dhabi's Mubadala, IPIC investment funds to merge

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