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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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Al Bawaba
November 10th, 2014 - 08:23 GMT

GEMS Wellington Academy celebrates UNESCO’s World Science Day for Peace and Development

Al Bawaba
November 10th, 2014 - 07:09 GMT

Ooredoo recognised for CSR at Al Mar’a Excellence Awards

Al Bawaba
November 10th, 2014 - 06:53 GMT

DAMAC Towers by Paramount reaches for the stars

Al Bawaba
November 10th, 2014 - 06:16 GMT

BURGAN BANK receives regulatory approvals for Capital Increase

Al Bawaba
November 10th, 2014 - 06:02 GMT

Intel Science Competition for Arab students opens in Qatar

Al Bawaba
November 10th, 2014 - 05:26 GMT

Standard Chartered steps up focus on Priority Banking clients

Al Bawaba
November 10th, 2014 - 04:55 GMT

The other side of the economic 'miracle': 65% of Dubai residents forced to relocated due to exploding rents

Al Bawaba
November 10th, 2014 - 04:55 GMT

WhatsApp new 'blue checks' feature already unpopular

Iran’s relations with the West have thawed since relative moderate Hassan Rouhani was elected president last year seeking to end Iran’s international isolation.
November 10th, 2014 - 12:47 GMT

History in the making? US, EU, and Iran commence nuclear negotiations in Oman

Al Bawaba
November 10th, 2014 - 12:33 GMT

A very 'disgruntled' friend: Kuwaiti investors threaten to prosecute Egypt in international courts

Conspiracy theorists seem in abundance - and - all around!
November 10th, 2014 - 12:10 GMT

To be taken with a grain of salt: conspiracy theorists have 'perfect' explanations for what's happening in the oil market

 S&P said that Oman and Bahrain were the most vulnerable to any drop in oil prices while Qatar and the UAE were the least vulnerable.
November 9th, 2014 - 11:53 GMT

Can the same be said about real estate? Dubai 'insulated' from oil price slide

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