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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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The new loan will be directed to small and medium enterprises, expecting that the bank would sign the deal by the end of the first half of 2019. (Shutterstock)
January 10th, 2019 - 08:35 GMT

Kuwait to Loan Egypt $30 Million to Support SMEs

The World Bank expects Turkey to post 1.6 percent growth in 2019, 3.0 percent in 2020 and 4.2 percent in 2021. (Shutterstock)
January 10th, 2019 - 08:23 GMT

World Bank: Turkey to Bypass Recession

Iran on Wednesday has "strongly" condemned the Council's "illogical" and "surprising" decision. (Shutterstock)
January 10th, 2019 - 08:13 GMT

EU Imposes Sanctions on Iran Over Assassination Plot

Tunisia has moved up 8 spots to 80th in this report compared to 2018. (Shutterstock)
January 10th, 2019 - 08:07 GMT

Forbes Ranks Tunisia 5th Best Country for Business Amongst African Peers

HUAWEI Mate 20 Pro-Raykoo-Shanghai-CHINA-Ultra wide angle
January 10th, 2019 - 08:05 GMT

HUAWEI: Cool Photography Features That Cater to Our Day and Age Social Media Needs

This loan with a fixed interest rate of 2.5%, will be repaid over 30 years with a five-year grace period. (Shutterstock)
January 10th, 2019 - 08:00 GMT

Tunisia Approves DT400 Million Loan to up Employment and Public Services

Matches will be played on January 25th, 26th and 28th 2019 at the ICC Academy, Dubai Sports City
January 10th, 2019 - 07:58 GMT

Emirates Cricket Board Announces Team to Represent the UAE in Upcoming ODI TRI-Series Against Nepal

American University of Beirut
January 10th, 2019 - 07:36 GMT

AUB Awarded Two Grants Totaling $1.5 Million From the Andrew W. Mellon Foundation

Shihab Zubair, Regional Sales Manager
January 10th, 2019 - 07:22 GMT

Epson to Participate at SGI 2019 for the 10th Year Highlighting High Value Solutions for Professional Printing Industry

Hyundai CRADLE Elevate
January 10th, 2019 - 06:42 GMT

Hyundai’s Walking Car Concept Is a Highlight of CES 2019

BTEA Receives the Ambassador of the Federal Republic Germany to the Kingdom of Bahrain.
January 10th, 2019 - 06:24 GMT

BTEA Receives the Ambassador of the Federal Republic of Germany to the Kingdom of Bahrain

During the event
January 10th, 2019 - 06:06 GMT

CrediMax Received Certification on PCI DSS v3.2.1 by SISA

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