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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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UAE airline offered to buy more shares of Jet at a 49 percent discount. (File/Photo)
January 17th, 2019 - 07:36 GMT

Etihad Airways, Jet Airways Denies Reports of $35 Million Bailout Deal

During the event
January 17th, 2019 - 07:21 GMT

Armani Hotel Dubai Takes Home 27 Leading Hospitality Accolades

During the event
January 17th, 2019 - 07:19 GMT

Armani Hotel Dubai Takes Home 27 Leading Hospitality Accolades

Emirates has been flying to Jordan for 33 years.
January 17th, 2019 - 07:13 GMT

Emirates to Operate Scheduled A380 Service to Amman

Feras bin Abdallah Al Shaikh, Director of Consumer Sales at Ooredoo
January 17th, 2019 - 06:45 GMT

Ooredoo Offers Superior In-Home Connectivity

The first 20 winners of the Mohammed bin Rashid Medal for Scientific Distinguishment were granted a 10-year special residency visa status. (Shutterstock)
January 17th, 2019 - 05:00 GMT

20 Scientists the First to Receive UAE Long-Term Visa

During the event
January 16th, 2019 - 12:57 GMT

Grohe Rewards Design Students From Art’Com Sup Design School as Part of Its Design Series Program

Marriott
January 16th, 2019 - 12:54 GMT

Marriott International Announces Marriott Bonvoy – The New Brand Name of Its Loyalty Program

During the lecture
January 16th, 2019 - 12:51 GMT

HBMSU Chancellor Lectures on the Future of Higher Education at Mohammed Bin Rashid University of Medicine & Health Sciences

Mr. Hisham Alrayes, CEO of GFH Financial Group
January 16th, 2019 - 12:43 GMT

GFH Acquires London Westside Business Park

The event discussed how innovation, technology and digital skills will be needed to deliver efficiency and social inclusion in the cities of tomorrow.
January 16th, 2019 - 12:38 GMT

Deloitte: Shaping Tomorrow’s Cities Today

The CEIV Pharma certification cements GTA dnata’s position as a leader in pharmaceutical handling in Toronto.
January 16th, 2019 - 12:31 GMT

GTA dnata Awarded IATA’s CEIV Pharma Certification in Canada

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