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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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Cool Off This Summer with an All-Inclusive Daycation at Rixos The Palm Dubai Hotel & Suites
July 14th, 2025 - 07:45 GMT

Cool Off This Summer with an All-Inclusive Daycation at Rixos The Palm Dubai Hotel & Suites

Talent Atelier: Second Edition Empowers UAE-Based Designers and Fosters Cross-Disciplinary Dialogue Between Jewelry and the Arts
July 14th, 2025 - 07:35 GMT

Talent Atelier: Second Edition Empowers UAE-Based Designers and Fosters Cross-Disciplinary Dialogue Between Jewelry and the Arts

Markaz: GCC IPOs raise USD 3.4 billion in H1 2025
July 14th, 2025 - 07:32 GMT

Markaz: GCC IPOs raise USD 3.4 billion in H1 2025

Enova and Schneider Electric Join Forces to Advance Energy Solutions in the Gulf
July 14th, 2025 - 07:30 GMT

Enova and Schneider Electric Join Forces to Advance Energy Solutions in the Gulf

 Shaileen Jiwa Appointed as New General Manager of  Queen Elizabeth 2 Hotel
July 14th, 2025 - 07:23 GMT

Shaileen Jiwa Appointed as New General Manager of Queen Elizabeth 2 Hotel

Azizi Developments Launches Milan Heights, a Lagoon-Facing Enclave within Azizi Milan
July 14th, 2025 - 07:12 GMT

Azizi Developments Launches Milan Heights, a Lagoon-Facing Enclave within Azizi Milan

RAKBANK Unveils New Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah
July 14th, 2025 - 06:40 GMT

RAKBANK Unveils New Elite Banking Centres in Abu Dhabi, Dubai, and Ras Al Khaimah

Bitcoin surges over USD$120,000 for the first time
July 14th, 2025 - 06:38 GMT

Bitcoin surges over USD$120,000 for the first time

“Earn on Day One”: Invest Bank Rolls Out New Cash-Back Fixed Deposit
July 14th, 2025 - 06:35 GMT

“Earn on Day One”: Invest Bank Rolls Out New Cash-Back Fixed Deposit

Investcorp Sponsors New Entrepreneurship Center at AUBH to Empower Bahrain’s Next Generation of Innovators
July 14th, 2025 - 06:30 GMT

Investcorp Sponsors New Entrepreneurship Center at AUBH to Empower Bahrain’s Next Generation of Innovators

Burjeel Hospital Launches ‘Burjeel Center for Interventional Pain Management’ in Dubai
July 14th, 2025 - 05:21 GMT

Burjeel Hospital Launches ‘Burjeel Center for Interventional Pain Management’ in Dubai

Bank of Jordan Named "Best Sub-Custodian Bank in Jordan for 2025" by Global Finance for Second Consecutive Year
July 14th, 2025 - 05:15 GMT

Bank of Jordan Named "Best Sub-Custodian Bank in Jordan for 2025" by Global Finance for Second Consecutive Year

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