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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
June 28th, 2011 - 12:27 GMT

Gulf economies to grow 4%: Arab Monetary Fund

Cairo’s decision to turn down over $3 billion in aid from the IMF – and a possible $2 billion more from the WB – satisfies the strong anti-IMF sentiment in the country where the institution has won hate for its past praise for the old regime
June 28th, 2011 - 12:20 GMT

Egypt is wrong to snub IMF and World Bank aid

Al Bawaba
June 28th, 2011 - 12:12 GMT

Energy, consumption lift Saudi Q3 business confidence

Al Bawaba
June 28th, 2011 - 08:20 GMT

Farewell employment handshakes in UAE 'not-so-golden'

Al Bawaba
June 28th, 2011 - 08:20 GMT

Saudi finds buyers for more crude

Al Bawaba
June 28th, 2011 - 08:10 GMT

Sheikh Mohammed: UAE economy robust

Despite the negative effect of the Arab Spring on business in the short-term, economists are optimistic about the long-term prospects of business in the region
June 27th, 2011 - 01:12 GMT

Positivity about future for business in Middle East

Arab bankers say they are hopeful in the long-term as long as the region's leaders move quickly to enact economic reforms that will help small businesses, boost trade and create jobs
June 27th, 2011 - 01:06 GMT

Arab bankers apprehensive over fallout of Mideast unrest

Al Bawaba
June 27th, 2011 - 01:03 GMT

Yemenis risk their lives for work in Saudi Arabia

Al Bawaba
June 27th, 2011 - 08:43 GMT

Real estate market heading for a dip

Al Bawaba
June 27th, 2011 - 08:26 GMT

Gas shortage: Saudi Arabia new dilemma

Ahmed Ezz is one of several Egyptian businessmen and former officials being investigated for corruption since the uprising
June 27th, 2011 - 08:24 GMT

Egypt steel tycoon Ahmed Ezz faces new bribery charges

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