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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 6th, 2019 - 06:10 GMT

DED Ajman and Khalifa Fund Signs Strategic Agreement

Side profile of LG CLOi SuitBot
January 6th, 2019 - 06:01 GMT

Intelligent Service Robots Define Exciting New Direction for LG

Blockchain, an unalterable digital information recording system, is increasingly being discovered as a useful tool by Islamic finance institutions and banks. (Shutterstock)
January 5th, 2019 - 06:00 GMT

The Deployment of Blockchain in Islamic Finance

The positives in Lebanon’s entrepreneurial developments in 2018 were overshadowed by the toppling of a giant, and the consequences its tumble had for everyone. (Shutterstock)
January 5th, 2019 - 05:00 GMT

The Fears Echoing in Lebanon’s Entrepreneurship Ecosystem

The video showed one person throwing Dh1,000 bank notes under his feet while being encouraged by the second. (Shutterstock)
January 4th, 2019 - 05:00 GMT

Two Expats Arrested in UAE for ‘Disrespecting Money’

In March, Air India launched the first scheduled service to Israel to be allowed to cross Saudi airspace, overturning a 70-year-old ban by Riyadh on such routes. (Shutterstock)
January 3rd, 2019 - 11:48 GMT

Saudi Arabia Mulls Opening Airspace for More Israel-Bound Planes

George Shweiry, Chief Executive of Arlington Advisors
January 3rd, 2019 - 11:43 GMT

ARLINGTON Completes One of the Largest UK Student Accommodation Transactions of 2018


The fee, along with the security sweep against illegal residents through the Interior Ministry's "A Country Without Illegals" campaign caused many expats to leave the Kingdom for good. (Shutterstock)
January 3rd, 2019 - 11:37 GMT

The Benefits of Expat Fees in Saudi Arabia

Salem Almoosa- Chairman & GM, Falconcity of Wonders LLC
January 3rd, 2019 - 11:25 GMT

Chairman and General Manager Falconcity of Wonders LLC on the Occasion of the 13th Anniversary of the Ascension of Highness Sheikh Mohammed Bin Rashid Al Maktoum

Consumer prices in December down 0.40 percent compared to previous month. (Shutterstock)
January 3rd, 2019 - 11:21 GMT

Turkey's Consumer Prices Slips in December

To breathe life into a new job, technology must sometimes snuff the life out of an old one. So are new technologies bound by the legendary myth of Hollywood folklore: if one (job) falls, two will rise to take its place? (Shutterstock)
January 3rd, 2019 - 11:00 GMT

Is the Deployment of Advanced Technology Harming the Human Race's Careers?

LIGHT ART DXB
January 3rd, 2019 - 10:54 GMT

Light Art DXB Ignites the 24th Dubai Shopping Festival

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