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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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Gulf Bank
June 30th, 2016 - 03:40 GMT

Gulf Bank’s Second Quarterly TRIO draw takes place today

Yadawi visit
June 30th, 2016 - 03:40 GMT

Members of Ooredoo volunteers program visit Yadawi Center and Sadu House

This transaction constitutes the third investment of EuroMena III after its recent investment in Elephant in Nigeria and Jasmin in Tunisia. (The Daily Star)
June 29th, 2016 - 12:00 GMT

Credit Libanais gets $20M EuroMena Fund injection

The recovery for crude oil prices comes as economic leaders meet in Portugal to review coordinated monetary policies in the globalized world. (Shutterstock)
June 29th, 2016 - 11:00 GMT

Oil prices inch up slowly after post-Brexit plunge

Families invited to celebrate Eid Al Fitr with Millennium Resort Mussanah
June 29th, 2016 - 10:58 GMT

Families invited to celebrate Eid Al Fitr with Millennium Resort Mussanah

During the event
June 29th, 2016 - 10:50 GMT

Georgetown Professor Mohamed Zayani wins ICA Best Book Award

du surprises UAE visitors with great deals and free vouchers with the new Tourist Plan SIM purchase
June 29th, 2016 - 10:00 GMT

du surprises UAE visitors with great deals and free vouchers with the new Tourist Plan SIM purchase

The Kingdom's credit rating by Moody's is currently  B1 stable.
June 29th, 2016 - 10:00 GMT

Jordan's new IMF program will give positive outlook on credit rating: Moody's

MasterCard
June 29th, 2016 - 09:44 GMT

MasterCard commits to the inclusion of 40 million micro and small merchants

Workers outside the explosions and attacks site outside Ataturk airport's international arrivals terminal. (AFP/Ozan Kose)
June 29th, 2016 - 09:13 GMT

Gulf airlines suspend flights to Istanbul following terror attack

During the visit
June 29th, 2016 - 09:03 GMT

HE Saeed Mohammed Al Tayer receives delegation from Jebel Ali Churches Council

Hamad Medical Corporation
June 29th, 2016 - 08:49 GMT

HMC urges residents to avoid overeating during Eid festivities

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