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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 6th, 2009 - 09:30 GMT

Jabbar Group acquires ikoo, the region's largest ad network

December 6th, 2009 - 09:07 GMT

Kidville to Open 11 Locations in the United Arab Emirates

December 6th, 2009 - 07:36 GMT

International steel giant moves to AG Tower

December 6th, 2009 - 06:40 GMT

Leo Sterling offers new franchise program in Middle East, CIS UK and Europe

December 3rd, 2009 - 10:39 GMT

Ferrostaal inaugurates the first Palestinian solar thermal plant

December 3rd, 2009 - 10:09 GMT

Dnata acquires airport handling operations in UK

December 3rd, 2009 - 09:55 GMT

Ratings On Four Dubai-Based Banks Lowered And Maintained On CreditWatch Negative Following Downgrades Of Dubai GREs

December 3rd, 2009 - 09:31 GMT

Abu Dhabi Realty Perturbed by Dubai World Crisis? Facts on the UAE Economy in these Troubling Times

December 3rd, 2009 - 07:46 GMT

Bahrain Is Best for Expats In Middle East and Africa

December 2nd, 2009 - 12:37 GMT

PowerHouse Boss Remains Positive about Dubai Property Market

December 2nd, 2009 - 10:09 GMT

Al Hamra Mall gears up for full operations in Q1 2010

December 2nd, 2009 - 09:45 GMT

Fitch Affirms Egypt's Commercial International Bank at 'BB+'; Outlook Stable

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