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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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Ali Hamad Lakhraim Alzaabi and Khalid Bin Kalban
January 13th, 2019 - 08:06 GMT

Dubai Investments Signs Contract With Millennium Hotels & Resorts MEA to Build Copthorne Creek Hotel

Majority of healthcare services have been classified as zero-rated. (Shutterstock)
January 13th, 2019 - 08:03 GMT

5 Percent VAT to Be Applied on Cosmetic Services in UAE

Kamel Ajami, Vice President of Operations, Saudi Arabia & Levant, Hilton
January 13th, 2019 - 08:00 GMT

Investing in Local Talent and Capabilities is Critical to Driving Growth in Saudi’s Expanding Travel and Tourism Industry

With luxury comes class and the C-Class makes every journey count.
January 13th, 2019 - 07:59 GMT

Mercedes-Benz Oman Puts Together an Exclusive Line up for Customers to Start 2019

During the event
January 13th, 2019 - 07:51 GMT

Abu-Ghazaleh Meets Students at Local, Arab and International Universities, Shares His Vision on Digital Knowledge

Customers purchasing a new Honda vehicle will get the opportunity to spin the wheel and stand a chance to win an Al-Futtaim Gift Card of up to AED10,000 redeemable at leading retail outlets
January 13th, 2019 - 07:39 GMT

Start the New Year With Exciting Offers From Al-Futtaim

The founder and CEO of Basket.jo, Omar Akel
January 13th, 2019 - 07:36 GMT

Basket.jo Expands its Partnership Agreements with Retail Outlets

du will host latest Hindi movies for free along with refreshments for these hardworking individuals.
January 13th, 2019 - 07:34 GMT

du Supports Labour of Love Cinema Nights for the Blue-Collared Worker Community

Helena Hedblom, Epiroc’s Senior Executive Vice President Mining and Infrastructure
January 13th, 2019 - 07:26 GMT

Epiroc and Ericsson to Optimize Wireless Technology for Mines

During the event
January 13th, 2019 - 07:19 GMT

National Bank of Oman Concludes 2018 With Omr500,000 Al Kanz Mega Draw

Seef Mall Seef Snow Festival until January 19th
January 13th, 2019 - 07:15 GMT

Seef Mall Extends Its Successful 'Seef Snow' Festival Until January 19th

During the event
January 13th, 2019 - 06:53 GMT

Sheikha Hind Participates in US Discussion on Education, Women’s Rights, and Blockade of Qatar

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