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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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What had happened in KSA itself is ‘nothing much’ and the market seemed to be reacting to negative signals coming from other markets as well as the weak economic performance in Europe and the US
August 28th, 2011 - 02:13 GMT

Saudi Arabia in a connected world

The increase in investor numbers comes in the aftermath of the fall in property prices as a consequence of the international financial crisis in 2008, consultants say
August 28th, 2011 - 02:12 GMT

Dubai rises on investors’ radar

August 28th, 2011 - 12:12 GMT

Trans Jordan for Electronics- agent of Panasonic holds Ramadan Iftar for its employees and dealers

Al Bawaba
August 28th, 2011 - 11:19 GMT

RAK Petroleum announces second quarter 2011 profit, progress on multi-well drilling campaign and merger preparations

If anything, Baghdad has only added to the public bureaucracy by creating more government jobs to compensate for the fact that the petroleum industry is not labor intensive
August 28th, 2011 - 11:18 GMT

Iraq goes the way of its Gulf neighbors

Al Bawaba
August 28th, 2011 - 10:58 GMT

Metro ‘hot spots’ in demand

Al Bawaba
August 28th, 2011 - 10:58 GMT

Subway Kuwait marks Ramadan with charitable initiatives

Lugging around your books will now be much simpler with Gap’s colorful range of trolley bags, which provides a sturdy and effortless solution to all school goers
August 28th, 2011 - 10:43 GMT

Bag-to-School with GAP

Al Bawaba
August 28th, 2011 - 10:42 GMT

DDC solar initiatives power community development in Western Desert Oasis

Empower
August 28th, 2011 - 10:22 GMT

Empower hails media’s role in highlighting importance of district cooling

Khalid Hadi, Director of Brand & Corporate Communications, receiving the Superbrands Award for ENOC from Mike English, Director, Superbrands Middle East
August 28th, 2011 - 10:22 GMT

ENOC is only UAE company to win Superbrands Award for sixth consecutive year

GM Vice Chairman, Steve Girsky and Juno Cho, President and Chief Operating Officer of LG Corp
August 28th, 2011 - 10:18 GMT

GM and LG to jointly develop electric vehicles

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