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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 17th, 2009 - 09:21 GMT

Stronger public-private sector cooperation needed to boost user confidence and e-commerce adoption in Egypt

November 17th, 2009 - 09:08 GMT

Gulf Anti-Aging Market to reach US$5.58 billion by 2010

November 16th, 2009 - 03:12 GMT

Bouygues Construction wins €950 million contract for giant real estate complex in Qatar

November 16th, 2009 - 01:03 GMT

Middle East requires over 1,400 aircraft worth over US$243 billion

November 16th, 2009 - 09:58 GMT

Raytheon Awarded $20 Million for Spares to Support Upgraded Kuwait Patriot Radar Systems

November 16th, 2009 - 09:51 GMT

Aircell Announces Expansion in Middle East Region

November 16th, 2009 - 09:40 GMT

Emirates Selects Goodrich for Airbus A380 Evacuation Systems Support

November 16th, 2009 - 09:33 GMT

TAMEER completes level 65 of world’s tallest residential tower

Al Bawaba
November 15th, 2009 - 02:32 GMT

With a capital of EGP 150 million: Sakan Finance to enter the Mortgage market in December

November 15th, 2009 - 12:23 GMT

Intel provides vital technology skills to Jordanian and Palestinian companies in Amman

November 15th, 2009 - 11:58 GMT

MENA is the only growing region in airline industry

November 15th, 2009 - 11:35 GMT

A population boom is transforming the Gulf

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