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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 Culture Wins ‘Best AI Governance Framework 2025’ at GovTech Innovation Awards
July 7th, 2025 - 08:37 GMT

Dubai Culture Wins ‘Best AI Governance Framework 2025’ at GovTech Innovation Awards

Dr. Ghizlane Bendriss (center) during her visit to Crescendo Music & Art Academy
July 7th, 2025 - 08:33 GMT

WCM-Q shares advances in neuromusicology with specialized centers in Jordan

KIB promotes Khloud Al-Salem to General Manager of the Legal Department
July 7th, 2025 - 08:27 GMT

KIB promotes Khloud Al-Salem to General Manager of the Legal Department

New Slack Research: Daily AI Usage Among Workers Surges 233%
July 7th, 2025 - 08:21 GMT

New Slack Research: Daily AI Usage Among Workers Surges 233%

Mashreq announces AED 126 million Sustainable financing facility for one of the UAE's leading sustainable steel producers, Arabian Gulf Steel Industries
July 7th, 2025 - 08:19 GMT

Mashreq announces AED 126 million Sustainable financing facility for one of the UAE's leading sustainable steel producers, Arabian Gulf Steel Industries

FIFA Club World Cup 2025 Comes Alive at InterContinental Hotels at Dubai Festival City
July 7th, 2025 - 08:08 GMT

FIFA Club World Cup 2025 Comes Alive at InterContinental Hotels at Dubai Festival City

Nearly Half of Companies in the UAE Opt to Pay the Ransom, Sophos Report Finds
July 7th, 2025 - 07:20 GMT

Nearly Half of Companies in the UAE Opt to Pay the Ransom, Sophos Report Finds

Omnix Launches AI-First Managed Services to Transform Next-Gen IT Support
July 7th, 2025 - 06:38 GMT

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

RAKBANK has successfully completed its first Additional Tier 1 (AT1) security issuance, raising USD 300 million
July 7th, 2025 - 06:05 GMT

RAKBANK has successfully completed its first Additional Tier 1 (AT1) security issuance, raising USD 300 million

Spotify
July 7th, 2025 - 05:56 GMT
Khaled S.

Why are people boycotting Spotify?

NBB and Fab Lab Bahrain Launch Second Edition of TechStride to Empower Future Innovators
July 7th, 2025 - 05:13 GMT

NBB and Fab Lab Bahrain Launch Second Edition of TechStride to Empower Future Innovators

Cracking the code of perfect-sounding earbuds with planar drivers and AI
July 7th, 2025 - 04:11 GMT

Cracking the code of perfect-sounding earbuds with planar drivers and AI

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