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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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Abu Dhabi University concludes the Fourth National Public Speaking Competition
May 9th, 2023 - 10:21 GMT

Abu Dhabi University concludes the Fourth National Public Speaking Competition

Chinese Automaker BYD Plans to Expand EV Production in Vietnam
May 9th, 2023 - 09:56 GMT

China's BYD to expand EV production in Vietnam

Gartner Forecasts Worldwide Semiconductor Revenue to Decline 11% in 2023
May 9th, 2023 - 09:54 GMT

Gartner Forecasts Worldwide Semiconductor Revenue to Decline 11% in 2023

ARAMCO posts Q1 profits, beats expectations
May 9th, 2023 - 09:45 GMT

Aramco posts Q1 profits, beats expectations

15% rise in NBB net profit attributable to the shareholders
May 9th, 2023 - 07:59 GMT

15% rise in NBB net profit attributable to the shareholders

At QF, Georgetown Seniors are Poised to Graduate, and Take on the World
May 9th, 2023 - 07:47 GMT

At QF, Georgetown Seniors are Poised to Graduate, and Take on the World

Iraq resumes oil loading and export operations from Al-Qayyarah field
May 9th, 2023 - 07:42 GMT

Iraq resumes exports from Al-Qayyarah oil field

Microsoft announces Work Trend Index Special Report and new features for Microsoft Viva
May 9th, 2023 - 07:21 GMT

Microsoft announces Work Trend Index Special Report and new features for Microsoft Viva

MAG launches sales for homes at the Ritz-Carlton residences, Dubai, Creekside, emphasising high demand for luxury living
May 9th, 2023 - 07:03 GMT

MAG launches sales for homes at the Ritz-Carlton residences, Dubai, Creekside, emphasising high demand for luxury living

Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability
May 9th, 2023 - 07:01 GMT

Schneider Electric’s 2023 first quarter impact results highlight unwavering focus on sustainability

Emaar Hospitality Group’s ‘U by Emaar’ loyalty programme announces the winner of its Ramadan UBE Millionaire campaign
May 9th, 2023 - 06:28 GMT

Emaar Hospitality Group’s ‘U by Emaar’ loyalty programme announces the winner of its Ramadan UBE Millionaire campaign

Doha Insurance Group's Net Profit Jumps 90% in Q1 2023
May 9th, 2023 - 06:16 GMT

Doha Insurance Group's profit up 90% in Q1 2023

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