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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 9th, 2009 - 10:45 GMT

Nakheel reports half-year losses

December 9th, 2009 - 10:42 GMT

Dubai Group sells stake in EFG-Hermes

December 9th, 2009 - 06:54 GMT

Al Salam Bank achieves a Step Ahead in Islamic Products

December 8th, 2009 - 10:26 GMT

Qatar’s Khalid Cement Industries Complex Selects Epicor®

December 8th, 2009 - 10:01 GMT

Actix Expands into Middle East

December 8th, 2009 - 06:57 GMT

Franklyn Hotels and Resorts to operate two properties in Mediterrania Saïdia, Morocco

December 7th, 2009 - 11:49 GMT

Rolls-Royce wins order to supply waterjets to the UAE navy

December 7th, 2009 - 10:02 GMT

Disclosed M&A deal value slides from US$15.64 billion in Q3 2008 to $7.14 billion in Q3 2009: Ernst & Young

December 7th, 2009 - 07:35 GMT

King Hamad Bin Isa Al Khalifa inaugurates Khalifa Bin Salman port

December 7th, 2009 - 07:28 GMT

NBAD Suisse acquires a prestigious building in Geneva

December 7th, 2009 - 07:18 GMT

Motorola and du Implement Mobile WiMAX Network for Dubai Metro

December 7th, 2009 - 07:11 GMT

Rubber World Industries supplies AED 4.5 million worth of rubber insulation products to Iran

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