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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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Declines in global markets could breed more consumer panic when investors look at their brokerage statements and find themselves poorer
August 15th, 2011 - 07:45 GMT

World view bleak but picture looks brighter in the Middle East

"International orders have also been reduced to a trickle and will dry up soon if the price does not stabilise," said Bahrain Chamber of Commerce and Industry gold and pearl jewellery committee head Mohammed Sajid Shaikh
August 14th, 2011 - 03:30 GMT

Gold loses glitter in Bahrain as prices hit high globally

Competitive pricing for Saudi crude next month is eroding demand for alternative spot cargoes of Qatari al-Shaheen and Oman crude in October
August 14th, 2011 - 12:23 GMT

Saudis entice Asian refiners at expense of Qatar, Oman

Business throughout the UAE inevitably slows down during Ramadan
August 14th, 2011 - 06:31 GMT

Get busy during Ramadan in the UAE

Both mobile and Internet banking expose these organisations to a new range of security risks; besides,social media platforms come with the added responsibility of monitoring and managing these platforms
August 11th, 2011 - 02:30 GMT

Banking and finance sector in the Middle East can no longer ignore social media

The code with key principles and practices will be launched at a Conference for Corporate Governance for SMEs to be held September  26th 2011, in Dubai
August 11th, 2011 - 02:30 GMT

Corporate governance code for SMEs on the way in Dubai

Israel's supply of gas from Egypt has been regularly disrupted since an uprising overthrew former Egyptian president Hosni Mubarak in February
August 11th, 2011 - 09:39 GMT

Israel electricity prices rise over Egypt gas disruptions

Emirati and Arabic television networks have something very special to sell this month of Ramadan
August 11th, 2011 - 08:51 GMT

Ads in the UAE that tease but don't inform are a big irritant during Ramadan

Oman and Jordan have been consistently active in implementing sustainable strategies for tourism promotion in a region with “brilliant opportunities” to capitalise on
August 11th, 2011 - 08:08 GMT

Oman sets Middle East’s responsible tourism trend

Other experts voiced a reminder that Lebanon escaped unscathed from several financial crises that gripped the U.S. and European markets in the past
August 10th, 2011 - 03:30 GMT

Lebanon safe from debt crisis fallout

Unlike the previous quarter, most of the pressure on access to finance appears to be concentrated on Asia-Pacific and the Middle East
August 10th, 2011 - 03:00 GMT

High inflation and low investment hampers recovery, ACCA survey shows

The unrest forced the cancellation in June of a Formula One Grand Prix, a major and popularsporting event in Bahrain
August 10th, 2011 - 03:00 GMT

Bahrain economy loses up to $2 bln due to political unrest

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