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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 15th, 2016 - 09:02 GMT

MD & CEO receives Swiss Consul-General to Dubai

A team of archaeologists has amassed records for 90,000 Middle Eastern sites in an online database. (Jordan Times)
June 15th, 2016 - 09:01 GMT

New tech for ancient history: Using satellite imagery to document Middle Eastern archaeological sites

During the event
June 15th, 2016 - 08:52 GMT

Imdaad selects Brocade Ethernet Fabric data center for its core service infrastructure

With Apple TV you get a small black cube and therein lies a massive processor. (Khaleej)
June 15th, 2016 - 08:51 GMT

Apple TV: The future is apps

Hamad Medical Corporation
June 15th, 2016 - 08:45 GMT

Hamad Medical Corporation honors hundreds of blood donors

Make sure your CV is up-to-date and is well written. (File photo)
June 15th, 2016 - 08:42 GMT

Why Ramadan is the perfect time to focus on your job search

Samsung
June 15th, 2016 - 08:22 GMT

Samsung Electronics partners with IGEL Technology to launch new thin client cloud displays

Investment-friendly government policies and overall ease of doing business has made the US more attractive to global sovereign investors, says an industry expert. (File photo)
June 15th, 2016 - 08:00 GMT

Middle East sovereigns remain bullish over US investments

Mohammed Bin Mahfouz, VP Travel & Tourism for Elaf Group
June 15th, 2016 - 07:49 GMT

Bulgarian Ministry of Tourism appoints new representation office in KSA

du adds life to life with a wealth of engaging content this Ramadan
June 15th, 2016 - 07:05 GMT

du adds life to life with a wealth of engaging content this Ramadan

The threat to local retailers might turn into an opportunity if these companies restructured their balance sheets and concentrated on niche markets, one economist says. (Mall of Arabia)
June 15th, 2016 - 07:00 GMT

Saudi Arabia: Law permitting 100 percent foreign investment in retail will boost sector

Wolfgang Wemhoff CTO Ooredoo
June 15th, 2016 - 06:58 GMT

Ooredoo & Ericsson partner for ground-breaking future-focused project

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