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BUSINESS

BUSINESS latest

Elon Musk in China
July 15th, 2026 - 11:06 GMT
P. Choiaqo

P. Choiaqo

Elon Musk’s $1 million election bribery to be tried in Wisconsin court

ALBAWABA - Musk, it seems, has broken the law in Wisconsin by offering voters $1 million checks if they vote for his preferred candidate in the 2025 state Supreme Court elections, according to CNN. The Wisconsin Election Commission has brought complaints of election rigging to the DA, which in turn can press charges against Musk for violating the state’s law within 40 days of the complaint. Musk and groups he ...
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Only a third (34 per cent) of institutional investors noted that they are altering European and UK allocations as a result of Brexit. (Shutterstock)
March 25th, 2019 - 08:51 GMT

EMEA Fixed Income Investors Optimistic About Current Economic Expansion

As predicted by pundits, the steady downturn is expected to sustain through 2019 before stabilising in 2020 with recovery expected to start in 2021. (Shutterstock)
March 25th, 2019 - 08:09 GMT

5 Cheapest Areas to Buy Property in Dubai

Turkish lokum, olive oil, figs, hazelnuts may be among products promoted under new brand name. (Shutterstock)
March 25th, 2019 - 07:57 GMT

Turkey to Launch Global Umbrella Brand for High-Quality Exported Goods

For the first time, Abu Dhabi's Hub71 will bring together three key pillars that are essential for the success of Abu Dhabi's technology ecosystem - capital providers, business enablers and strategic partners.  (Shutterstock)
March 25th, 2019 - 07:30 GMT

UAE Launches Dh535 Million Hub for Tech Startups

The acquisition comes ahead of Uber's long-awaited IPO next month, expected to value it at $120 billion. (Shutterstock)
March 25th, 2019 - 07:01 GMT

Uber to Acquire Its MEA Rival Careem for $3.1 Billion

Change can be very unpredictable, especially when it comes to external and uncontrollable factors in the market and the economy. (Shutterstock)
March 24th, 2019 - 06:00 GMT

6 Tips to Help Companies Thrive on Change

Major chunk of this investment is expected to come from the UAE, Saudi Arabia and China. (Shutterstock)
March 24th, 2019 - 05:00 GMT

Pakistan to Revive Its Economy With $50 Billion Foreign Investment

The application for refunds will be submitted to the bureau, which will perform an initial audit and then request the FTA to refund the amount. (Shutterstock)
March 24th, 2019 - 11:50 GMT

Participants at Expo 2020 Dubai Entitled to VAT Refunds

Egyptian officials are trying to instil new life into its textile industry, which contributes almost 3% of GDP. (Shutterstock)
March 24th, 2019 - 11:05 GMT

Will Egypt's Cotton Industry Flourish Again?

Worryingly for Ankara, industrial output fell 6.4% and there are signs of more falls in the months ahead. (Shutterstock)
March 24th, 2019 - 10:52 GMT

Turkey to Face Big Challenges Due to Recession

If the raft of memorandums of understanding bear fruit, they could boost trade from the current $12 billion to $20 billion annually. (File/Photo)
March 24th, 2019 - 10:36 GMT

US-Iran Relations to Hamper Iraq's 'Silk Road' Success

Huawei has repeatedly denied that it shares information with the Chinese government or that its technology is compromised. (Shutterstock)
March 24th, 2019 - 09:44 GMT

EU to Reject Ban on Huawei Despite US Warnings

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