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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 6th, 2014 - 08:28 GMT

Etihad Airways to expand pilot numbers following recruitment of 40 Alitalia captains and first officers

Al Bawaba
November 6th, 2014 - 08:24 GMT

Emrill awarded Dubai Chamber CSR Label for third consecutive year

Al Bawaba
November 6th, 2014 - 08:16 GMT

Jotun showcases advanced portfolio of protective coatings at ADIPEC 2014

Al Bawaba
November 6th, 2014 - 06:15 GMT

Al-Futtaim Honda’s ‘Xtraordinary Sale’ is back this month

Al Bawaba
November 6th, 2014 - 05:17 GMT

Mashreq’s Corporate & Investment Banking Group wins prestigious Leading Industry Awards

Al Bawaba
November 6th, 2014 - 05:07 GMT

Emarat participate at ADIPEC 2014 to assert its leadership within the petroleum industry

US light crude was down $2.00 at $76.78 a barrel. It touched a session low of $75.84, its weakest since October 2011.
November 6th, 2014 - 04:55 GMT

Rock bottom? Not yet. Oil prices officially hit four year low

That would take total oil exports from Saudi in August to 7.686 million bpd, close to its crude export levels last year.
November 6th, 2014 - 04:55 GMT

Innovation or desperation? Saudi Arabia seeks tighter grip on oil market through new monumental refineries

The reality is that women working from home can be more productive in some tasks such as accounting, scheduling and responding to customers’ inquiries.
November 6th, 2014 - 04:55 GMT

At least it's not in the kitchen: 77% of Saudis want home employment for women

Al Bawaba
November 5th, 2014 - 11:00 GMT

Development at its finest: Egypt allocates 20 free slots of land to Carrefour

“The budget of the Kingdom of Saudi Arabia depends 90 per cent on oil … I’ve already said that this is a huge mistake,” said the prince.
November 5th, 2014 - 09:09 GMT

He's worried, rightfully so: Al-Waleed Bin Talal asks his country to stop 'huge mistake' and establish sovereign wealth fund

The bluetooth technology would also have practical applications across the hotel experience including gym and elevators.
November 5th, 2014 - 08:57 GMT

Soon, smartphones will replace keycards to access hotel rooms

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