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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 16th, 2019 - 12:24 GMT

Falconcity of Wonders Chairman Honoured by Dubai Land Department for Contributing to the Successful Hosting of Visiting Official US Delegation

As more supply is expected to materialise in the coming year, residential vacancies are anticipated to increase further in Abu Dhabi. (Shutterstock)
January 16th, 2019 - 12:12 GMT

Property Market Prices on a Steady Fall in This Emirate

Whatever the reason, making a decision on whether or not to relocate for a job is rarely an easy decision. (Shutterstock)
January 16th, 2019 - 11:08 GMT

5 Elements to Reflect on Before Relocating for a Job

Gulf shifts focus to diversify energy sources to boost economy (Shutterstock)
January 16th, 2019 - 10:52 GMT

220,500 Jobs in GCC If Region Meets Its Sustainable Energy Targets by 2030

Khalid Jasim Al Midfa, Chairman of SCTDA
January 16th, 2019 - 10:46 GMT

Sharjah Commerce & Tourism Development Authority Announces Inaugural Participation in Matka Nordic Travel Fair

Velocity Duo Band - NnN Duo Band
January 16th, 2019 - 10:36 GMT

The NnN Duo Returns to Velocity for 2019 at Marriott Downtown Abu Dhabi

Taxi drivers hold protests in November 2018. (Shutterstock)
January 16th, 2019 - 10:33 GMT

'Yellow Cabs' Demonstration in Jordan

During the trip.
January 16th, 2019 - 10:30 GMT

WCM-Q Professor’s Book Recounts Medical Students’ Tanzanian Journey

During the event
January 16th, 2019 - 10:21 GMT

Canon Partners With Copatra Graphics to Further Its Commitment to the Saudi Arabia’s Graphic Art Industry

Uber wants to help women access affordable transportation. (Shutterstock)
January 16th, 2019 - 10:19 GMT

Saudi University Student Leads a New Wave of Women Taxi Drivers in the Kingdom

Saudi Arabia has restricted certain jobs to Saudis and pressed companies to employ higher ratios of nationals to foreign workers. (Shutterstock)
January 16th, 2019 - 10:18 GMT

Saudi Government to Pay Private Sector in an Attempt to Expand Saudization

Talal Abu-Ghazaleh, Chairman of TAG-Org
January 16th, 2019 - 10:10 GMT

Talal Abu-Ghazaleh & Co. Consulting Launches Renewable Energy and Real Estate Management Services

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