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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 2nd, 2009 - 08:29 GMT

Sikorsky Aircraft Delivers UH-60M BLACK HAWK Helicopter to Bahrain Defense Forces

December 1st, 2009 - 03:00 GMT

UAE markets continue to plummet

December 1st, 2009 - 09:55 GMT

Dubai World announces restructuring process

November 30th, 2009 - 10:16 GMT

UAE stock markets crash by over 7%

November 29th, 2009 - 12:20 GMT

Traffic on Mobily's 3G network up 73% in Makkah

November 29th, 2009 - 06:01 GMT

Mani & Co. establishes new headquarters in Dubai to facilitate expansions in manufacturing and distribution

November 26th, 2009 - 03:38 GMT

Stocks fall following Dubai World’s debt default

November 26th, 2009 - 10:50 GMT

du revolutionises mobile broadband in the UAE with HSPA+ technology from Huawei

November 25th, 2009 - 09:15 GMT

Beltone launches brokerage operations in Libya

November 25th, 2009 - 08:55 GMT

BQDRI and PROJACS INTERNATIONAL sign MOU to support the implementation of sustainability

November 25th, 2009 - 08:27 GMT

Tata Communications and Middle Eastern Operators launch strategic Gulf Cable Project

November 25th, 2009 - 08:12 GMT

Christian Lacroix Announces Joint Venture With Kuwaiti-Based Property Developer Abyaar

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