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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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New York Philharmonic
June 15th, 2016 - 05:29 GMT

Emirates announces a harmonious partnership in a new three-year sponsorship as the official airline of the New York Philharmonic

During the event
June 15th, 2016 - 05:22 GMT

ROTA uses technology to transform education in Pakistan

 The rebalancing of the market may be delayed if halted supplies in Canada, Nigeria and Libya are able to restart, according to the IEA. (Shutterstock)
June 15th, 2016 - 05:20 GMT

IEA predicts oil market balance in 2017

Ramadan video
June 15th, 2016 - 05:16 GMT

Gulf Bank launches Ramadan video

Mijbil Alalyoub, Director of Corporate Communication at Ooredoo
June 15th, 2016 - 03:40 GMT

Ooredoo and Abdullah Al Nouri Charity Association aids Syrian refugees

The company said it reached a deal with a committee of holders of notes and bonds to enter into a "standstill agreement" on interest payments for April, which has now been extended to July 1. (European Oil & Gas)
June 14th, 2016 - 12:00 GMT

Gulf Keystone Petroleum gets extension on debt repayments

Always overestimate your expenses and underestimate your income. (Shutterstock)
June 14th, 2016 - 11:44 GMT

Student budgeting: Don't graduate into a life of debt

The owner of Rayani Air said the airline intends to appeal the Mavcom ban. (Twitter)
June 14th, 2016 - 11:23 GMT

Malaysia's first halal airline shut down over regulations violations

Preparing in advance will make you able to put together an agenda you can easily share with your employees before the meeting takes place. (Shutterstock)
June 14th, 2016 - 11:05 GMT

How to make meetings matter

King Fahd University of Petroleum & Minerals was ranked the best university in the Arab region for a second consecutive year. (KFUPM)
June 14th, 2016 - 11:00 GMT

Saudi varsities continue to dominate 'best university' rankings for the region

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
June 14th, 2016 - 10:42 GMT

DEWA main sponsor of Qur’an Readers

Etihad Airways
June 14th, 2016 - 10:18 GMT

Etihad Cargo starts twice weekly flight to Brussels Airport

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