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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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December 28th, 2009 - 10:05 GMT

3M Launches Customer Technical Centre in Dubai

December 28th, 2009 - 09:58 GMT

Specialty Chemicals Company Sika to establish facility in TechnoPark

December 28th, 2009 - 07:57 GMT

Luxury apartments still selling on The Palm

December 27th, 2009 - 01:16 GMT

Korea Electric Power Corporation to build UAE nuclear plants

December 27th, 2009 - 08:09 GMT

Bank Sohar, Oman Signs up Intellect GUB - Debt Management Solution From Polaris Software

December 27th, 2009 - 08:01 GMT

North Africa boasts the highest average terrestrial TV advertising rates in the Arab World

December 27th, 2009 - 07:53 GMT

Saudi Arabia opens fresh investment prospects with up to USD 400 billion expenditure in oil and gas projects

December 27th, 2009 - 07:31 GMT

Convrgnt Wins Jashanmal Group HQ Contract

December 27th, 2009 - 07:05 GMT

JUMAN GROUP opens offices in Jordan

December 24th, 2009 - 10:08 GMT

Arab Banking Corporation announces US$ 1.11 billion enhancement to its capital

December 24th, 2009 - 09:54 GMT

Kuwait’s HITS Telecom listed at Dubai Financial Market

December 23rd, 2009 - 08:33 GMT

GE Oil & Gas and Al Shaheen Energy Services sign strategic partnership agreements

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