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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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London's financial district featuring the neo-futuristic skyscraper known affectionately as the Gherkin. (Shutterstock)
June 6th, 2016 - 08:00 GMT

Gulf investors delay property deal decisions over Brexit fears

Dubai Investments employees create art out of waste with recycled material
June 6th, 2016 - 07:57 GMT

Dubai Investments ‘Green Race’ saves 20,000 kWh electricity, 93,000 imperial gallons water in 1 year

During the event
June 6th, 2016 - 07:47 GMT

Dalma Mall commemorates the Philippines’ 118th Independence Day in a spectacular community event

During the event
June 6th, 2016 - 07:43 GMT

DP World group chairman and CEO meets president of Argentina

Hyundai Motor
June 6th, 2016 - 07:37 GMT

Hyundai demonstrates luxury, power, and advanced technology at 2016 Busan International Motor Show

During the event
June 6th, 2016 - 06:32 GMT

du Tuesday takes you on an epic adventure that is out of this world with Independence Day: Resurgence

The announcement coincides with the visit of Indian Prime Minister Nardendra Modi to Qatar this week. (Pixabay)
June 6th, 2016 - 06:00 GMT

Qatar’s Al Sawari Holding enters Indian hotel market with deal near Taj Mahal

DEWA
June 6th, 2016 - 05:01 GMT

DEWA’s innovative services make customers happy

According to Muscat Municipality, the Central Vegetable Market in Mawaleh has received over 28,000 tonnes of fruits and vegetables to meet the needs of domestic consumers during Ramadan. (Times of Oman/Jun Estrada)
June 6th, 2016 - 05:00 GMT

Oman's fruit and vegetable prices skyrocket for Ramadan

Dolce and Gabbana launched their first abaya collection in January 2016 and have released their second collection for Ramadan. (Dolce & Gabbana)
June 6th, 2016 - 05:00 GMT

Western designers court Arab clientele with Ramadan collections

Participants attend an interactive exercise during the Career Advisor Training Course
June 6th, 2016 - 04:54 GMT

QCF graduates 25 career advisor training course participants

Hamad Medical Corporation
June 6th, 2016 - 04:47 GMT

HMC urges people to avoid over-eating during the holy month of Ramadan

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