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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 19th, 2016 - 08:09 GMT

du’s Mawaed Al Rahman initiative inspires overwhelming support from the UAE Volunteer community

AFM provides units for existing roll car simulators at EDI
June 19th, 2016 - 07:59 GMT

Al-Futtaim Motors provides units for existing roll car simulators at Emirates Driving Institute

June 19th, 2016 - 07:54 GMT

eHDF, Netcure & LogRhythm announce launch of Cyber Defense Centre

There is huge dip in the number of new projects in Oman due to lower oil prices and this has led to retrenchment of workers. (Arabian Business)
June 19th, 2016 - 07:45 GMT

Oman: Budget carriers in stiff competition as migrant workers leave 'by the thousands'

During the event
June 19th, 2016 - 07:35 GMT

PepsiCo-Jordan sponsors Run Jordan’s 2016 activities

During the iftar
June 19th, 2016 - 07:29 GMT

ADUKG hosts Iftar for group of UAE orphans alongside Emirates Red Crescent

During the meeting
June 19th, 2016 - 06:58 GMT

DP World Group Chairman & CEO meets President of Kazakhstan

During the event
June 19th, 2016 - 06:52 GMT

DED briefs government delegations on innovative customer services provided by Dubai Business Club

Fareeda Fadhil, Customs Valuation Director
June 19th, 2016 - 06:30 GMT

Dubai Customs sees first-hand how Huawei ensures compliance with Customs laws and contributes to supply chain security

The UAE is set to be the first GCC country to introduce VAT in 2018 and is expecting to generate around Dhs 10bn to Dhs 12bn in revenues in its first year of implementation. (Shutterstock)
June 19th, 2016 - 06:00 GMT

UAE lays out first phase of corporate VAT policy

H.E. Hamad Obaid Al Mansoori, Director General of the TRA
June 19th, 2016 - 05:47 GMT

Telecommunications Regulatory Authority lunches ‘Smart Library’ at Customer Happiness Centers

Maachla distribution campaign
June 19th, 2016 - 05:40 GMT

Gulf Bank partners with Saveco and LOYAC to distribute foodstuff boxes to families in need

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