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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 rates in UAE Today Wednesday 10 May 2023
May 10th, 2023 - 06:13 GMT

Gold rates in UAE Today Wednesday 10 May 2023

KIB announces winner of Al Dirwaza digital account opening draw for the month of May
May 10th, 2023 - 04:20 GMT

KIB announces winner of Al Dirwaza digital account opening draw for the month of May

Dubai airport welcomes 21m travelers in Q1
May 9th, 2023 - 06:02 GMT

Dubai airport welcomes 21m travelers in Q1

Toyota GAZOO Racing Secures Another One-Two Victory at 6 Hours of Spa-Francorchamps
May 9th, 2023 - 04:09 GMT

Toyota GAZOO Racing Secures Another One-Two Victory at 6 Hours of Spa-Francorchamps

Orange Jordan launches 10,000 Mbps Fiber
May 9th, 2023 - 04:00 GMT

Orange Jordan launches 10,000 Mbps Fiber

Burgan Bank Sets a New Benchmark for Employee Development in Kuwait with Personalized Digital Learning Program
May 9th, 2023 - 03:39 GMT

Burgan Bank Sets a New Benchmark for Employee Development in Kuwait with Personalized Digital Learning Program

Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33
May 9th, 2023 - 03:21 GMT

Emirates NBD to collaborate with DIFC to advance shared goal of supporting the Dubai Economic Agenda D33

Abu Dhabi 2022 estimates cite 9.3% GDP growth
May 9th, 2023 - 02:01 GMT

Abu Dhabi 2022 estimates cite 9.3% GDP growth

Dubai Customs recognizes partners' contribution to successful Ramadan initiatives with appreciation ceremony
May 9th, 2023 - 10:57 GMT

Dubai Customs recognizes partners' contribution to successful Ramadan initiatives with appreciation ceremony

Now Taking Reservations: Four Seasons Unveils Eighth Private Jet Itinerary in 2024, Ancient Explorer
May 9th, 2023 - 10:36 GMT

Now Taking Reservations: Four Seasons Unveils Eighth Private Jet Itinerary in 2024, Ancient Explorer

Salesforce and Accenture Collaborate to Help Customers Harness the Transformative Power of Generative AI
May 9th, 2023 - 10:29 GMT

Salesforce and Accenture Collaborate to Help Customers Harness the Transformative Power of Generative AI

Oil drops 0.7% ahead of U.S. inflation data
May 9th, 2023 - 10:23 GMT

Oil drops 0.7% ahead of US inflation data

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