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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 5th, 2009 - 07:26 GMT

AT&T global network extended to Kuwait through agreement With Qualitynet and NavLink

November 4th, 2009 - 09:08 GMT

Putin stresses importance of Arab ties as new Arabic newspaper launched

November 4th, 2009 - 08:30 GMT

ABB Selects Intergraph(R) for North African Gas Pipeline Project

November 4th, 2009 - 08:03 GMT

GAC Jordan Reports 55% increase in Aqaba Port RoRo volumes during 1st half of 2009

November 3rd, 2009 - 11:12 GMT

Activity declines in the Middle East IPO market in Q3 of 2009: Ernst & Young

November 3rd, 2009 - 11:02 GMT

E-Marine secures another submarine cable maintenance linking UAE with East Africa

November 3rd, 2009 - 10:30 GMT

Global: Kuwait market lost 7.19% in October-2009

November 3rd, 2009 - 10:07 GMT

IPTV registers 45 percent growth in region

November 3rd, 2009 - 07:24 GMT

Gulf International Bank to issue Saudi riyal-denominated bonds in KSA

November 2nd, 2009 - 11:01 GMT

Interior designers survey new challenges in recovering regional markets

November 2nd, 2009 - 09:49 GMT

DME hits new record with daily average of 2,624 contracts traded in October 2009

November 2nd, 2009 - 09:35 GMT

Egyptian Arab Land Bank installs latest technology at ATMs to protect customers

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