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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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CEO and General Manager of Ooredoo Kuwait Sheikh Mohammed bin Abdullah Al- Thani
June 19th, 2016 - 05:19 GMT

Ooredoo Family enjoys an exceptional Ghabka evening

Hamad Medical Corporation
June 19th, 2016 - 05:15 GMT

Diabetics should keep a check on their blood glucose levels during Ramadan, according to HMC expert

adidas
June 19th, 2016 - 05:12 GMT

adidas Football focuses on consumers, wins market share and expects record sales in 2016

Etihad Airways
June 19th, 2016 - 05:06 GMT

Etihad Airways and Avianca Brasil announce codeshare partnership

Iftar meals & water distribution during Ramadan
June 19th, 2016 - 04:57 GMT

EQUATE continues partnership with Zakat House for iftar meals & water distribution during Ramadan

Boeing was pipped by European rival Airbus who signed a preliminary agreement in January to sell Iran 118 aircraft valued at $27 billion. (Wikimedia Commons)
June 19th, 2016 - 04:23 GMT

Financing issues present the last hurdle in Iran's 'historic' Boeing deal

During the event
June 19th, 2016 - 04:20 GMT

Doha Bank hosts Suhoor for customers and partners

A series of fun activities were on offer for children throughout the nightDuring the event
June 19th, 2016 - 03:44 GMT

Thousands enjoy Qatar Foundation’s Garangao celebrations

A US found that integrating solar power into the grid is complex because, utility system operators would need to favor one source of supply over the other to maintain market balance. (Shutterstock)
June 16th, 2016 - 01:03 GMT

Renewable energy costs could drop by up to 59 percent in five years: IRENA

The plan envisages increasing the country’s refining capacity to about 3.2 million barrels a day by 2020 from 1.85 million currently. (Ship and Bunker)
June 16th, 2016 - 01:00 GMT

Iran plans to boost refinery capacity by more than 70 percent in four years

Last April, Saudi Arabia and the United States had added a number of organizations on their lists of terrorist groups. (File photo)
June 16th, 2016 - 12:30 GMT

Saudi Arabia tightens bank transfer procedures to Lebanon to prevent Hezbollah funding

Egypt's Central Bank has sought to crack down on the black market, revoking the licenses of exchange bureaus found dealing far beyond the official rate. (AFP/Khaled Desouki)
June 16th, 2016 - 11:43 GMT

Egypt's black market currency traders take their business abroad

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