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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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November 25th, 2009 - 07:46 GMT

Sheikh Hamed bin Zayed and Sheikh Majid bin Mohammed break ground for new Ducab High Voltage Factory

November 24th, 2009 - 10:03 GMT

Drydocks World-Dubai announces first Offshore LNG Regasification Terminal conversion project

November 24th, 2009 - 09:53 GMT

The Middle East Business Jets Market Has its Cash Registers Ringing Despite the Economic Downturn, Observes Frost & Sullivan

November 24th, 2009 - 09:46 GMT

Korek Telecom and Ericsson ink a deal for multimedia offering in Iraq

November 24th, 2009 - 09:33 GMT

Egypt IT spending projected to reach USD 1.9 billion by 2013

November 24th, 2009 - 06:31 GMT

The Arabian Gulf’s security market is valued at US$ 1 billion with annual growth at 10%

November 23rd, 2009 - 02:41 GMT

ABB wins $38 million order to improve power efficiency in Saudi Arabia

Al Bawaba
November 23rd, 2009 - 10:46 GMT

Wyndham Hotel Group to open 1st Ramada Encore Property in Middle East

November 23rd, 2009 - 10:15 GMT

3,398 Civil building projects worth US$1.35 trillion

November 23rd, 2009 - 10:10 GMT

New Look survey’s the GCC’s denim habits in preparation for the launch of its new ‘Yes Yes’ Denim Collection

November 23rd, 2009 - 09:41 GMT

Oman Insurance reinforces market leadership with robust strategy

November 23rd, 2009 - 06:44 GMT

Deutsche Bahn exclusive partner in a billion euro project in Qatar

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