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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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Sharjah Islamic Bank Launches “Millionaire Draw” Campaign for Savings Accounts with Exceptional Rewards
June 24th, 2025 - 10:13 GMT

Sharjah Islamic Bank Launches “Millionaire Draw” Campaign for Savings Accounts with Exceptional Rewards

Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management
June 24th, 2025 - 10:11 GMT

Burgan Bank Appoints Mohammed Al-Roomi as Deputy General Manager of Information and Cyber Security Management

Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025
June 24th, 2025 - 09:59 GMT

Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025

OMODA&JAECOO Accelerates Global Presence with High-Impact Brand Campaign at Dubai International Airport
June 24th, 2025 - 09:54 GMT

OMODA&JAECOO Accelerates Global Presence with High-Impact Brand Campaign at Dubai International Airport

Canon announces the RF 75-300mm F4-5.6 zoom lens
June 24th, 2025 - 09:39 GMT

Canon announces the RF 75-300mm F4-5.6 zoom lens

Al Masaood Automobiles Launches “Buy Now. Pay in 2026” Campaign on Nissan Vehicles
June 24th, 2025 - 09:35 GMT

Al Masaood Automobiles Launches “Buy Now. Pay in 2026” Campaign on Nissan Vehicles

5G-A and AI Fostering the Intelligent Connectivity
June 24th, 2025 - 07:29 GMT

5G-A and AI Fostering the Intelligent Connectivity

Oil prices and Gold prices
June 24th, 2025 - 07:13 GMT
Sally Shakkour

Gold prices fall, oil prices plunge 5% after Israel-Iran ceasefire

Kia EV3 wins Car of the Year at 2025 Autotrader Awards
June 24th, 2025 - 07:13 GMT

Kia EV3 wins Car of the Year at 2025 Autotrader Awards

Hyundai Motor Group Tops Rankings in 2025 IIHS Top Safety Awards
June 24th, 2025 - 06:58 GMT

Hyundai Motor Group Tops Rankings in 2025 IIHS Top Safety Awards

Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance service in EEMEA
June 24th, 2025 - 06:54 GMT

Mastercard steps up fraud prevention efforts with launch of Account Intelligence Reissuance service in EEMEA

Azizi Group Launches Azizi Energy to Develop Power Projects in Emerging Markets
June 24th, 2025 - 06:51 GMT

Azizi Group Launches Azizi Energy to Develop Power Projects in Emerging Markets

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