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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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During the event
January 20th, 2019 - 07:27 GMT

Carnegie Mellon and Jassim and Hamad Bin Jassim Charitable Foundation Promote Computer Science Education

Ahmed Mahboob Musabih, Director of Dubai Customs
January 20th, 2019 - 07:18 GMT

Dubai Customs Kicks off Activities at UAE 2nd Customs Week 2019

A no-deal Brexit could send the pound/dirham rate down to the 3.8 level from the current 4.77.
January 20th, 2019 - 07:00 GMT

Dirham vs Pound, How Will the Brexit Affect the UAE's Economy?

Purnima Sunil, Director of Sales and Marketing
January 20th, 2019 - 06:45 GMT

Millennium Airport Hotel Dubai Appoints New Director of Sales & Marketing

The Couple Spa package is available on Valentine’s Day and throughout the entire month of February.
January 20th, 2019 - 06:21 GMT

Step Into the Blissful World of Ayana Spa on Valentine’s Day

Ahmad Al Harthy
January 20th, 2019 - 06:13 GMT

Racing ACE Ahmad Al Harthy to Showcase New Aston Martin at NBO HQ

Khalid Ali Al Bustani, FTA General Director
January 20th, 2019 - 06:03 GMT

Federal Tax Authority Issues a Guide on Foreign Business Refunds

During the event
January 20th, 2019 - 05:55 GMT

GEMS Education Signs Memorandum of Understanding With Rochester Institute of Technology Dubai

Palliative Care poster.
January 20th, 2019 - 05:47 GMT

Georgetown University in Qatar Announces Palliative Care Conference Keynote Speakers

The electricity generated from the renewable sources will reach 1000 megawatts by March 2019. (Shutterstock)
January 19th, 2019 - 11:00 GMT

Iran to Construct 3000 New Small-Scale Solar Plants in Rural Areas

The Cabinet decided to slash the general sales tax on 61 commodities down to 4 per cent from 10 and 16 per cent. (Shutterstock)
January 19th, 2019 - 10:00 GMT

Jordan’s Decision to Reduce Sales Tax on Commodities Criticised as Ineffective

Some 700,000 civil servants observing a nationwide strike demanding payments' hike. (KUNA)
January 19th, 2019 - 07:28 GMT

Tunisia’s Workers Strike Demanding Higher Pay

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