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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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Lucid Motors reports lower-than-expected revenues in Q1 due to Tesla's competition
May 11th, 2023 - 10:05 GMT

Lucid Motors reports lower-than-expected revenues in Q1

Emirates Islamic supports Emarati start-ups with premium business banking solutions
May 11th, 2023 - 09:59 GMT

Emirates Islamic supports Emarati start-ups with premium business banking solutions

US, S. Korea discuss tweaking China export controls
May 11th, 2023 - 09:39 GMT

US, S. Korea discuss tweaking China export controls

Abu Dhabi University hosts the Third edition of its annual Career Fair
May 11th, 2023 - 09:34 GMT

Abu Dhabi University hosts the Third edition of its annual Career Fair

Emirates Group announces 2022-23 results
May 11th, 2023 - 08:57 GMT

Emirates Group announces 2022-23 results

Phase 2 of Abu Dhabi's LED road lighting PPP tender reaches financial close
May 11th, 2023 - 08:15 GMT

Phase 2 of Abu Dhabi's LED road lighting PPP tender reaches financial close

Sky high try: Emirates debuts Rugby World Cup 2023 livery on the A380
May 11th, 2023 - 08:07 GMT

Sky high try: Emirates debuts Rugby World Cup 2023 livery on the A380

Huawei Launches a New Lineup of Flagship Products at HUAWEI P60 Series and Flagship Product Launch Event in MEA region
May 11th, 2023 - 07:51 GMT

Huawei Launches a New Lineup of Flagship Products at HUAWEI P60 Series and Flagship Product Launch Event in MEA region

Azizi Developments records 98% completion of Berton in Al Furjan
May 11th, 2023 - 07:44 GMT

Azizi Developments records 98% completion of Berton in Al Furjan

Aramex reports stable revenues with Gross Profit increase of  4% YoY in Q1 2023 amid global headwinds
May 11th, 2023 - 07:21 GMT

Aramex reports stable revenues with Gross Profit increase of 4% YoY in Q1 2023 amid global headwinds

Gold rates in Jordan Today Thursday 11 May 2023
May 11th, 2023 - 07:02 GMT

Gold rates in Jordan Today Thursday 11 May 2023

Qatar Gold prices Today Thursday 11 May 2023
May 11th, 2023 - 06:45 GMT

Qatar Gold prices Today Thursday 11 May 2023

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