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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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Al Bawaba
July 28th, 2011 - 08:30 GMT

Microfinance sector in Yemen in trouble

On Wednesday, Egypt’s bourse benchmark index closed 0.7 percent lower on mounting political tension
July 28th, 2011 - 08:16 GMT

Political tension drags down Egypt’s markets

Christopher J. Nassetta, President and CEO, Hilton Worldwide
July 27th, 2011 - 01:08 GMT

Hilton Worldwide first multinational hotel company to sponsor Chinese Olympic Committee

IIF revised their forecast for Lebanon's real GDP growth for 2011 from 4 percent to 1.1 percent
July 27th, 2011 - 09:01 GMT

IIF sees Lebanon growth down to 1.1 percent

The world cannot seem to turn away from these images. Sadly, it has not been able to extend a hand either.
July 27th, 2011 - 08:46 GMT

African famine requires region to target efforts, UAE paper

Al Bawaba
July 27th, 2011 - 08:36 GMT

Campaign against unchecked price hikes in Saudi during Ramadan

Al Bawaba
July 26th, 2011 - 03:00 GMT

Surging profit marks a rebound for UAE banks

Gold’s supply could be disrupted through the coming period, where in South Africa; more than 200,000 gold minors will join strikes over pay
July 26th, 2011 - 03:00 GMT

Narrow trading for the shiny metal

With a $10 billion GCC grant announced in March, it is now time for the local financial community in Bahrain to respond to this opportunity and proactively present the government with options for profitable investments in and with Bahrainis
July 26th, 2011 - 03:00 GMT

Bahrain needs wise investments: expert

Al Bawaba
July 26th, 2011 - 08:14 GMT

Arab Gulf shares decline on U.S. debt concern, Shuaa falls

The construction industry in the GCC region is undergoing a significant structural transformation, attributable in part to the business cycle. To succeed, major players must start adapting their strategies and operating models to the demands of the new environment, or risk losing out to others.
July 26th, 2011 - 07:53 GMT

GCC construction players: It's time for a remodel

Al Bawaba
July 26th, 2011 - 07:48 GMT

South Sudan says North wages economic war with oil fee

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