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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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The satellite programme is part of the UAE's far-reaching ambitions in space and outer atmosphere. (Khaleej Times)
June 28th, 2016 - 10:00 GMT

UAE's first nanosatellite is ready for take-off

Investcorp said it’s European team had witnessed the most active period in its 30-year history over the last 12 months, having signed four new deals and exited eight European portfolio companies. (Shutterstock)
June 28th, 2016 - 10:00 GMT

Bahrain's Investcorp adds Scandinavia's Coresec cybersecurity company to its portfolio

LG OLED TV
June 28th, 2016 - 09:18 GMT

TV’s supporting both industry-standard HDR formats - the next biggest advantage, says LG Electronics

The chief executive of IAG’s Aer Lingus, Stephen Kavanagh, said on June 1 that the UK might have to renegotiate its air services agreements with other countries, including the EU, if it leaves. (File photo)
June 28th, 2016 - 09:00 GMT

Brexit and the airline industry: Open skies, connectivity agreements up in the air

Kempinski Hotel & Residences Palm Jumeirah
June 28th, 2016 - 08:49 GMT

Celebrate Eid Al Fitr with Kempinski Hotel & Residences Palm Jumeirah

Training courses delivered to DC staff
June 28th, 2016 - 08:30 GMT

Dubai Customs employees attend 97 training courses during Q1 2016

The first phase will begin with the construction of a 3-star hotel, which is expected to be completed in the first quarter of 2019. (Oman Tribune)
June 28th, 2016 - 08:00 GMT

Oman: Al Khonji inks billion-dollar contract to develop Duqm tourism hub

Jeff Jacobson
June 28th, 2016 - 07:49 GMT

Jeff Jacobson to become CEO of Xerox Corporation following completion of separation

Hussain Abu Hilal is a well-established HR professional with more than 12 years of work experience and a Bachelor’s degree in Business Administration. (Bayt)
June 28th, 2016 - 07:47 GMT

Involve your top talent in the decision making process: Hussain Abu Hilal of Saudi Diesel Equipment Company

LG Air Purifier
June 28th, 2016 - 07:42 GMT

Healthcare technology’s smart revolution

Samsung Galaxy S7 Edge
June 28th, 2016 - 07:33 GMT

Samsung and Warner Bros. interactive entertainment join forces to celebrate the third anniversary of injustice

Hamad Medical Corporation
June 28th, 2016 - 07:24 GMT

Patients seeing real benefits from innovative new model of acute care surgery at Hamad General Hospital

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