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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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Messaging apps in Iran: proliferating the masses
May 16th, 2023 - 10:37 GMT

Messaging apps proliferate the masses in Iran

WhatsApp introduces chat lock feature for enhanced privacy
May 16th, 2023 - 10:20 GMT

WhatsApp introduces chat lock feature for enhanced privacy

Rare Rolex Milgauss watch sets record with $2.5M sale
May 16th, 2023 - 10:07 GMT

Rare Rolex Milgauss watch sets record, sold for $2.5m

First hydrogen-powered made in Morocco car unveiled
May 16th, 2023 - 10:02 GMT

Morocco unveils 1st hydrogen-powered car

HP appoints Mitsumi as authorized distribution partner for more than 20 francophone countries in West and Central Africa
May 16th, 2023 - 10:02 GMT

HP appoints Mitsumi as authorized distribution partner for more than 20 francophone countries in West and Central Africa

The latest in sustainable power solutions on display by Al Masaood Power Division at Seatrade Maritime Logistics Middle East 2023
May 16th, 2023 - 09:47 GMT

The latest in sustainable power solutions on display by Al Masaood Power Division at Seatrade Maritime Logistics Middle East 2023

Burgan Bank Optimizes its Mobile Onboarding Experience
May 16th, 2023 - 09:39 GMT

Burgan Bank Optimizes its Mobile Onboarding Experience

New Bayt.com Survey Shows High Levels of Employee Loyalty in the UAE, with 87% Feeling Highly Engaged and 70% Proud of their Company's Products and Services!
May 16th, 2023 - 09:23 GMT

New Bayt.com Survey Shows High Levels of Employee Loyalty in the UAE, with 87% Feeling Highly Engaged and 70% Proud of their Company's Products and Services!

Say konnichiwa to Osaka! Etihad Airways announces new route to japan
May 16th, 2023 - 09:13 GMT

Say konnichiwa to Osaka! Etihad Airways announces new route to japan

Schneider Electric Appoints Hady Stephan as Vice President of Power Systems for the Gulf Region
May 16th, 2023 - 09:03 GMT

Schneider Electric Appoints Hady Stephan as Vice President of Power Systems for the Gulf Region

Azizi Developments extends its collaboration with Schneider to source wiring accessories for Park Avenue I & II
May 16th, 2023 - 08:56 GMT

Azizi Developments extends its collaboration with Schneider to source wiring accessories for Park Avenue I & II

Vodafone’s first female CEO to scrub thousands of jobs
May 16th, 2023 - 08:43 GMT

First female CEO of Vodafone to scrub 11k jobs

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