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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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Dubai South Achieves Over Aed 1.2 Billion in Sales for Hayat Within Hours of Its Launch
July 9th, 2025 - 05:23 GMT

Dubai South Achieves Over Aed 1.2 Billion in Sales for Hayat Within Hours of Its Launch

Omnix Launches AI-First Managed Services to Transform Next-Gen IT Support
July 9th, 2025 - 05:19 GMT

Omnix Launches AI-First Managed Services to Transform Next-Gen IT Support

KIB employees come together to support annual blood drive in partnership with Kuwait Central Blood Bank
July 9th, 2025 - 05:15 GMT

KIB employees come together to support annual blood drive in partnership with Kuwait Central Blood Bank

From Muscat to Salalah, Your Ooredoo WiFi Travels Too
July 9th, 2025 - 05:12 GMT

From Muscat to Salalah, Your Ooredoo WiFi Travels Too

Kingston adds New Form Factor to NV3 PCIe 4.0 NVMe SSD
July 9th, 2025 - 05:09 GMT

Kingston adds New Form Factor to NV3 PCIe 4.0 NVMe SSD

Arab Bank for Investment and Foreign Trade (Al Masraf) Strengthens Its Growth Strategy with Appointment of Chief Financial Officer
July 9th, 2025 - 05:06 GMT

Arab Bank for Investment and Foreign Trade (Al Masraf) Strengthens Its Growth Strategy with Appointment of Chief Financial Officer

Discover the World’s Most Liveable Cities with IHG Hotels & Resorts
July 9th, 2025 - 05:01 GMT

Discover the World’s Most Liveable Cities with IHG Hotels & Resorts

Jazeera Airways Debuts First Direct Flight from Kuwait to Yerevan
July 9th, 2025 - 04:58 GMT

Jazeera Airways Debuts First Direct Flight from Kuwait to Yerevan

Al-Futtaim Technologies and Johnson Controls Partner to Launch OpenBlue Smart Building Platform in the UAE
July 9th, 2025 - 04:55 GMT

Al-Futtaim Technologies and Johnson Controls Partner to Launch OpenBlue Smart Building Platform in the UAE

Emirates reveals top 2025 summer getaways according to search data
July 9th, 2025 - 04:51 GMT

Emirates reveals top 2025 summer getaways according to search data

Final Phase Villa Handover Commences at Al Naseem, Diyar Al Muharraq
July 9th, 2025 - 04:49 GMT

Final Phase Villa Handover Commences at Al Naseem, Diyar Al Muharraq

Microsoft names Ahmad El Dandachi as General Manager, Qatar, as Lana Khalaf takes on MEA Public Sector Leadership Role
July 9th, 2025 - 04:45 GMT

Microsoft names Ahmad El Dandachi as General Manager, Qatar, as Lana Khalaf takes on MEA Public Sector Leadership Role

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