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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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This is Sheikh Hasina’s first visit to Saudi Arabia since King Salman was crowned king and head of government. (SPA)
June 6th, 2016 - 04:16 GMT

Bangladesh to send 500,000 workers to Saudi over two years

During the event
June 6th, 2016 - 03:54 GMT

DEWA organises DEWA-Japan Business Seminar

During the event
June 5th, 2016 - 11:48 GMT

Imdaad joins World Environment Day celebrations at Dubai Festival Centre

Dubai
June 5th, 2016 - 11:44 GMT

Landing in Dubai? Passengers can do more for less with 'My Emirates Pass'

Feras Al Shaikh, Ooredoo Director of Consumer Sales
June 5th, 2016 - 11:25 GMT

Ooredoo Celebrates Ramadan with the Return of Ooredoo Surprises

Etihad Airways
June 5th, 2016 - 11:22 GMT

Etihad Airways appoints three Emiratis to senior airport positions in its global network

During the event
June 5th, 2016 - 11:17 GMT

Bank Nizwa empowers entrepreneurs with Commercial Finance for individuals

Bankers estimate that the value of the acquisition of HSBC Lebanon will range between $90 million to $100 million. (Facebook)
June 5th, 2016 - 11:00 GMT

HSBC Lebanon acquisition delayed by staff negotiations

Kaspersky Lab
June 5th, 2016 - 10:51 GMT

Kaspersky Lab brings tailored protection to ATMs and point-of-sale terminals

Rotana’s Chief Operating Officer, Guy Hutchinson
June 5th, 2016 - 10:40 GMT

Rotana transitions into the green era, secures ISO 14001 certification for 16 UAE hotels

Dr. Mansoor Al Awar, HBMSU Chancellor
June 5th, 2016 - 10:05 GMT

HBMSU is first university to rename Staff Services and Relations Section as Staff Happiness

Ramadan nights at Hilton Al Ain
June 5th, 2016 - 10:01 GMT

Ramadan nights at Hilton Al Ain

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