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BUSINESS

BUSINESS latest

Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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Aframax tankers in the Med market are also used to lift crude oil from Syria but a violent five-month-old crackdown on pro-democracy protestors as well as existing sanctions have led to slower aframax trade there
September 4th, 2011 - 02:34 GMT

Libya, Syria troubles add to crude tanker rate rout

The stocks in the region selectively present a good buying opportunity, the markets in the region could see a minor upside as they are somewhere near the bottom but they will be driven by international events
September 4th, 2011 - 02:13 GMT

Region’s stock markets may rise as oil prices hold firm

Amar Wadjih, newly appointed Regional Sales Manager, Saudi Arabia
September 4th, 2011 - 12:40 GMT

Brocade adds depth to EMEA Sales Leadership Team

connected devices
September 4th, 2011 - 12:22 GMT

Ericsson named as a leader in LTE Magic Quadrant

Al Bawaba
September 4th, 2011 - 12:06 GMT

HP speeds and simplifies virtual infrastructure deployments

Al Bawaba
September 4th, 2011 - 11:51 GMT

Dubai Bank launches new balance transfer and cheque on phone facilities to help customers manage their finances

50 percent of the world's production of industrial goods enters international trade whereas only 25 percent of the world's agricultural production is traded globally
September 4th, 2011 - 11:48 GMT

Trade is vital for food security

Al Bawaba
September 4th, 2011 - 11:36 GMT

Optimus 3D mobile high in demand

Al Bawaba
September 4th, 2011 - 11:10 GMT

ICONIC unveils ‘Fashion for the Everyday ICON’

Ford Motor Company Conservation and Environmental Grants
September 4th, 2011 - 11:01 GMT

Last Call for Entries in the Ford Motor Company Conservation and Environmental Grants

Al Bawaba
September 4th, 2011 - 10:50 GMT

GCAS offers International Certified Health and Safety Courses for Aviation Professionals

Samsung GALAXY S II
September 4th, 2011 - 10:33 GMT

Smartphone industry to grow 55 percent globally in 2011

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