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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
June 20th, 2016 - 07:09 GMT

HMC holds Second Clinical Imaging Quality Day

Milaha said it expects the deal to be completed in Q4 2016. (File photo)
June 20th, 2016 - 07:00 GMT

Qatar Navigation's Milaha to buy stake in Al Shaheen Energy Services

ENBD Donates AED 2 Million to Reading Nation initiative
June 20th, 2016 - 06:59 GMT

Emirates NBD donates AED2 million to provide 200,000 books as part of ‘Reading Nation’ campaign

Mike Weston, Vice President, Cisco Middle East
June 20th, 2016 - 06:28 GMT

Cisco predicts Middle East & Africa to have highest growth in IP traffic worldwide

During the event
June 20th, 2016 - 06:12 GMT

56 Bahrainis graduate from Tamkeen’s Intelaaq Business Student Consultancy Program

Alan Weil, Editor-in-Chief of Health Affairs, and Professor the Lord Ara Darzi of Denham, Executive Chair of WISH, at a briefing on Global Health in Washington, DC
June 20th, 2016 - 05:33 GMT

WISH presents research at Global Health Policy Forum

During the event
June 20th, 2016 - 05:27 GMT

DEWA hosts Ramadan activities at Reading is Positive Energy exhibition

Ooredoo Goodwill Journey
June 20th, 2016 - 05:16 GMT

Ooredoo Goodwill Journey sets out for Northern Wilayats

Captain Thomas Ziarno from New Zealand and First Officer Abdulrahman Mohamed Al Busaeedi from the United Arab Emirate
June 20th, 2016 - 05:06 GMT

Emirates reveals 360-video tour of A380 flight deck

A potential combination of NBAD-FGB is expected to create the second largest bank in the Middle East after Qatar National Bank. (File photo)
June 20th, 2016 - 05:00 GMT

UAE: Proposed NBAD-FGB merger would create regional banking giant

Kempinski Summerland Hotel & Resort
June 20th, 2016 - 04:59 GMT

Kempinski Summerland Hotel & Resort: combining the magic of Beirut’s past with the European luxury of the present

Established in 1964, Americana, or Kuwait Food Company, is the parent group that brought to the Middle East more than a dozen major food brands like Pizza Hut, KFC, Costa Coffee and TGI Friday’s. (File photo)
June 20th, 2016 - 04:20 GMT

Alabbar's Adeptio buys $2.3B majority stake in Kuwait's Americana

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