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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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 Trump: U.S.-China trade deal reached, rare earth supply and tariff truce secured
June 11th, 2025 - 09:21 GMT
Mansour Al-Maswari

Trump: U.S.-China trade deal reached, rare earth supply and tariff truce secured

Bitget Puts Spotlight on Affiliate Program, Turning Influence Into Income for Crypto Creators
June 11th, 2025 - 11:57 GMT

Bitget Puts Spotlight on Affiliate Program, Turning Influence Into Income for Crypto Creators

SeaWorld® Yas Island, Abu Dhabi is Hosting Its Biggest Sleepover Event Yet this June
June 11th, 2025 - 08:58 GMT

SeaWorld® Yas Island, Abu Dhabi is Hosting Its Biggest Sleepover Event Yet this June

Clemta unlocks faster access to U.S. business banking for Gulf-based startups
June 11th, 2025 - 08:45 GMT

Clemta unlocks faster access to U.S. business banking for Gulf-based startups

Mashreq Launches NEO PLUS Saver Account for Salary and Non-Salary Customers with UAE's Most Rewarding Savings Interest Rates
June 11th, 2025 - 08:41 GMT

Mashreq Launches NEO PLUS Saver Account for Salary and Non-Salary Customers with UAE's Most Rewarding Savings Interest Rates

Participants from six Arab countries complete sustainability training with prestigious institutions
June 11th, 2025 - 08:35 GMT

Participants from six Arab countries complete sustainability training with prestigious institutions

TOYOTA GAZOO Racing Clinches Double-Podium Win at Rally Italia Sardegna
June 11th, 2025 - 08:31 GMT

TOYOTA GAZOO Racing Clinches Double-Podium Win at Rally Italia Sardegna

DIB Marks 50 Years of Progress with Prizes Worth AED 10 Million for Customers
June 11th, 2025 - 08:27 GMT

DIB Marks 50 Years of Progress with Prizes Worth AED 10 Million for Customers

Vertiv names Mike Giresi as Global CIO
June 11th, 2025 - 08:24 GMT

Vertiv names Mike Giresi as Global CIO

AUB President Fadlo R. Khuri Elected to the American Academy of Arts and Sciences
June 11th, 2025 - 08:16 GMT

AUB President Fadlo R. Khuri Elected to the American Academy of Arts and Sciences

S&P and Moody’s Upgrade Emaar’s Credit Ratings, Citing Strong Financial Performance and Robust Revenue Visibility
June 11th, 2025 - 07:18 GMT

S&P and Moody’s Upgrade Emaar’s Credit Ratings, Citing Strong Financial Performance and Robust Revenue Visibility

TeKnowledge and Kore.ai Partner to Close the Enterprise AI Execution Gap
June 11th, 2025 - 07:08 GMT

TeKnowledge and Kore.ai Partner to Close the Enterprise AI Execution Gap

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