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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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Syria claims that the Syrian Pound is strong and that the Central Bank's cash reserves have never been healthier
July 21st, 2011 - 09:48 GMT

Syria: Central Bank cash reserve around SYP 600 billion

Al Bawaba
July 21st, 2011 - 09:45 GMT

UAE inflation up 1.7 percent in June

Eurozone politicians don't -- or don't want to -- understand that the eurozone as we know it is on the precipice
July 21st, 2011 - 09:33 GMT

Euro currency may succumb to debt crisis

About 90 percent of all businesses in the GCC are owned and run by families
July 20th, 2011 - 09:10 GMT

How to keep the business in the family

Economic growth in Egypt may slow to 1.6 percent in the fiscal year that started this month as private investment falters
July 20th, 2011 - 09:04 GMT

Slowing growth may stoke unrest in Egypt

Al Bawaba
July 20th, 2011 - 09:04 GMT

Oman and Jordan set the trend in responsible tourism in Middle East

Al Bawaba
July 19th, 2011 - 01:29 GMT

Kuwait stocks drop to lowest since 2004 on global debt concern

Al Bawaba
July 19th, 2011 - 01:27 GMT

Moroccan property takes a tumble

A growing expatriate population and shortage of Japanese models have been cited by rental companies as reasons for the increase in short-term leases
July 19th, 2011 - 01:27 GMT

UAE monthly car rentals accelerate as drivers switch to leasing

South Sudan's new currency
July 19th, 2011 - 07:28 GMT

South Sudan's new currency launched amidst concerns over omission of date

Experts fear gold price can be as high as $5,000 by 2020
July 19th, 2011 - 07:22 GMT

Yellow metal peaking at $5,000 by 2020 could be a reality

Al Bawaba
July 19th, 2011 - 07:20 GMT

UAE ranked fifth in most attractive emerging market for business: European SMEs

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