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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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Oil prices rise on higher demand, tighter supply
May 23rd, 2023 - 09:14 GMT

Oil prices rise on higher demand, tighter supply

Cleveland Clinic Abu Dhabi launches comprehensive Invasive Microvascular and Coronary Spasm Program testing in the UAE
May 23rd, 2023 - 09:02 GMT

Cleveland Clinic Abu Dhabi launches comprehensive Invasive Microvascular and Coronary Spasm Program testing in the UAE

Mastercard and Foloosi launch Click to Pay in UAE
May 23rd, 2023 - 08:55 GMT

Mastercard and Foloosi launch Click to Pay in UAE

Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2024
May 23rd, 2023 - 08:51 GMT

Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2024

Arabian Automobiles Celebrates Shabab Al Ahli Club's Crowning as Champions of the 2023 Adnoc UAE Pro League
May 23rd, 2023 - 08:47 GMT

Arabian Automobiles Celebrates Shabab Al Ahli Club's Crowning as Champions of the 2023 Adnoc UAE Pro League

Moon Dubai: A dazzling real estate project envisions a lunar paradise
May 23rd, 2023 - 08:37 GMT

Moon Dubai: A dazzling real estate project envisions a lunar paradise

Cisco brings more dynamic options for hybrid work in KSA with Webex for iPad
May 23rd, 2023 - 08:30 GMT

Cisco brings more dynamic options for hybrid work in KSA with Webex for iPad

KIB is diamond sponsor of Euro-Med Economic and Banking Summit 2023
May 23rd, 2023 - 08:23 GMT

KIB is diamond sponsor of Euro-Med Economic and Banking Summit 2023

S&P affirms Emirates Development Bank's 'AA-' Credit Rating with Stable Outlook
May 23rd, 2023 - 08:19 GMT

S&P affirms Emirates Development Bank's 'AA-' Credit Rating with Stable Outlook

WhatsApp allows message editing within 15 minutes of sending
May 23rd, 2023 - 07:58 GMT

WhatsApp allows message editing within 15 minutes of sending

Al Masaood Automobiles to Offer ‘Mega Sale’ on Pre-Owned Nissan Vehicles for a Limited Time Only
May 23rd, 2023 - 07:49 GMT

Al Masaood Automobiles to Offer ‘Mega Sale’ on Pre-Owned Nissan Vehicles for a Limited Time Only

LG redefines the role of home screens with the new LG magnit residential display
May 23rd, 2023 - 07:30 GMT

LG redefines the role of home screens with the new LG magnit residential display

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