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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 13th, 2011 - 07:33 GMT

Saudi Arabian banks on recovery path

Egypt’s economy was stagnant even before things began to heat up in late-January 2011
July 13th, 2011 - 07:33 GMT

Egypt 2.0: Struggling to create a post-revolution economy

In Europe, the Middle East and Asia, investment was $34bn, slightly higher than a year earlier
July 13th, 2011 - 07:28 GMT

World commercial property Q2 sales up 47 percent

Al Bawaba
July 12th, 2011 - 08:18 GMT

How important are events in marketing?

Nakheel is the company behind a variety of new landmark property developments in Dubai, including The Palm, The World, Jumeirah Islands, and Dubai Waterfront
July 12th, 2011 - 08:04 GMT

Dubai: Former Nakheel CEO sues company for $3.7 million

Al Bawaba
July 12th, 2011 - 08:00 GMT

Jeddah one of world’s cheapest cities

Companies in the Gulf are postponing bond issues in the wake of the deteriorating European crisis
July 11th, 2011 - 01:35 GMT

Eurozone crisis hits Gulf plans

Al Bawaba
July 11th, 2011 - 01:31 GMT

Tunisian tourism’s high season devastated by regional uprisings

Al Bawaba
July 11th, 2011 - 01:30 GMT

Fiscal stimulus policy aided Saudi economy

Al Bawaba
July 11th, 2011 - 08:03 GMT

Sunny forecast for UAE economy

Al Bawaba
July 11th, 2011 - 07:47 GMT

Oman sees more scope as non-oil exports jump 32 percent

Al Bawaba
July 11th, 2011 - 07:45 GMT

Saudi economy set to register solid growth

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