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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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If this is how you’re feeling every day, or most of the time, it may be that you are close to being burned-out. This is when you need a break from the office and from working. (Shutterstock)
January 3rd, 2019 - 10:40 GMT

5 Red Flags That Mean You Need a Break From Work

Raed Mohammed Dawood, Director of Government Relations and Corporate Affairs at Ooredoo
January 3rd, 2019 - 10:36 GMT

Ooredoo Announces First Batch of Spring Forward Winners

The offer can be availed for stays between 7 to 9 February 2019 using promo code- RUNRAK
January 3rd, 2019 - 10:21 GMT

Jannah Resort & Villas Ras Al Khaimah Offers Special Room Package Just in Time for the Ras Al Khaimah Half Marathon 2019

It had been expected for some time since the Khashoggi murder because of the pressure Riyadh was coming under to bring those responsible to account and to take other required measures. (AFP)
January 3rd, 2019 - 10:20 GMT

Opinion: The Saudi Reshuffle Strengthens Mohammed Bin Salman's Hand

During the event
January 3rd, 2019 - 10:17 GMT

Sohar International Honoured by Ministry of Social Development

New LG TWINWash washer and dryer duo
January 3rd, 2019 - 10:06 GMT

New Big Capacity LG TWINWash and Dryer Sets New Standard for Laundry Convenien

Tax department attributes rise to evasion regulations, exemptions. (Shutterstock)
January 3rd, 2019 - 09:57 GMT

2018 Tax Revenue Exceeds $5 Billion in Jordan

Central bank strives to meet demand for cash amid soaring inflation. (Shutterstock)
January 3rd, 2019 - 09:52 GMT

Sudan to Release New Banknotes Due to Severe Economic Crisis

Emirates Hospital has been a major part of the growth of healthcare in the Gulf, and continues to be so.
January 3rd, 2019 - 09:38 GMT

The Promise of Care Emirates Hospital’s Journey to Triumph

Dubai Customs
January 3rd, 2019 - 09:29 GMT

Dubai Customs Introduces Masar Program to Abu Dhabi Food Control Authority Delegation

During the event
January 3rd, 2019 - 09:20 GMT

Talal Abu-Ghazaleh Organization and Jordan Engineers Association Sign Cooperation Agreement

Instagram is the last major social media service officially available in Iran. (Shutterstock)
January 3rd, 2019 - 09:19 GMT

Iran to Ban Instagram for 'Security Concerns'

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