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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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Gold up, dollar down, US debt crisis continues
May 15th, 2023 - 09:03 GMT

Gold up, dollar down, US debt crisis continues

DMCC announces representative office in Mumbai during trade roadshow to boost UAE-India relations
May 15th, 2023 - 08:53 GMT

DMCC announces representative office in Mumbai during trade roadshow to boost UAE-India relations

Meydan Free Zone and ADIB sign strategic partnership to empower SMEs to Grow from Dubai
May 15th, 2023 - 08:49 GMT

Meydan Free Zone and ADIB sign strategic partnership to empower SMEs to Grow from Dubai

Saudi inflation slows for 3 months in a row
May 15th, 2023 - 08:24 GMT

Saudi inflation slows for 3 months in a row

Destinos: The Supersonic Aircraft of the Future
May 15th, 2023 - 08:13 GMT

Destinos: the supersonic aircraft of the future

Visa names Tarek Abdalla as Chief Marketing Officer for Central and Eastern Europe, Middle East, and Africa
May 15th, 2023 - 07:58 GMT

Visa names Tarek Abdalla as Chief Marketing Officer for Central and Eastern Europe, Middle East, and Africa

Four Seasons announces new standalone private residences in las vegas, set to debut in 2026, in partnership with azure and luxus development
May 15th, 2023 - 07:39 GMT

Four Seasons announces new standalone private residences in Las Vegas, set to debut in 2026, in partnership with azure and luxus development

Elon Musk Announces Linda Yaccarino as New CEO of Twitter
May 15th, 2023 - 07:10 GMT

Elon Musk announces Linda Yaccarino as Twitter CEO

Amlak finance announces first quarter 2023 financial results
May 15th, 2023 - 07:04 GMT

Amlak finance announces first quarter 2023 financial results

Gulf international bank records strong first quarter results
May 15th, 2023 - 06:46 GMT

Gulf international bank records strong first quarter results

WCM-Q supports high school students pursuing a career in medicine
May 15th, 2023 - 06:31 GMT

WCM-Q supports high school students pursuing a career in medicine

NBB Introduces Points Monthly Challenge to reward customers for their daily financial transactions
May 15th, 2023 - 06:24 GMT

NBB Introduces Points Monthly Challenge to reward customers for their daily financial transactions

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