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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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Musk’s X Corp. buys IT job board platform Laskie
May 17th, 2023 - 08:34 GMT

Musk buys IT job board platform Laskie

KIB launches TV commercial to highlight  KIB Rewards Program
May 17th, 2023 - 08:22 GMT

KIB launches TV commercial to highlight KIB Rewards Program

Rare and exceptional rembrandt paintings discovered in the UK
May 17th, 2023 - 08:17 GMT

Rare Rembrandt paintings discovered in UK

Qatar's $10b gas contract goes to French-Arab joint venture
May 17th, 2023 - 08:15 GMT

Qatar's $10b gas contract goes to French-Arab joint venture

Volkswagen and Carpool Karaoke Arabia extend partnership for fifth season of the hit show
May 17th, 2023 - 08:13 GMT

Volkswagen and Carpool Karaoke Arabia extend partnership for fifth season of the hit show

Kia Corporation and Kakao Mobility sign memorandum of understanding to establish a ride-hailing business model for advanced mobility services
May 17th, 2023 - 08:07 GMT

Kia and Kakao Mobility Collaborate for Innovation in Mobility Services with Purpose-Built Vehicles

Emirates NBD launches Digital Asset Lab, announces founding council members
May 17th, 2023 - 07:43 GMT

Emirates NBD launches Digital Asset Lab, announces founding council members

European union approves Microsoft's acquisition of activision blizzard, ignoring several countries' objections
May 17th, 2023 - 07:14 GMT

EU approves Microsoft's acquisition of activision blizzard

BisB Promotes Several Employees to Senior Management Positions
May 17th, 2023 - 07:07 GMT

BisB Promotes Several Employees to Senior Management Positions

S&P, Dow, Nasdaq fall slightly, stocks decline
May 17th, 2023 - 07:05 GMT

US indexes S&P, Dow, Nasdaq slide, stocks decline

Al Hassan Ghazi Ibrahim Shaker Co. Reports Outstanding Q1-FY23 Results: Net Profit Soars 94.91% year-on-year (YoY)
May 17th, 2023 - 07:00 GMT

Al Hassan Ghazi Ibrahim Shaker Co. Reports Outstanding Q1-FY23 Results: Net Profit Soars 94.91% year-on-year (YoY)

join JW Marriott marquis hotel Dubai for its popular restaurant month
May 17th, 2023 - 06:53 GMT

join JW Marriott marquis hotel Dubai for its popular restaurant month

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