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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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 Emirates launches collaboration with Dior Beauty and Davines inaugurating exclusive beauty hub for cabin crew
May 8th, 2023 - 06:06 GMT

Emirates launches collaboration with Dior Beauty and Davines inaugurating exclusive beauty hub for cabin crew

Crypto News Recap: Memecoin frenzy spikes bitcoin fees
May 7th, 2023 - 08:17 GMT

Crypto News Recap: Memecoin frenzy spikes bitcoin fees

China's forex reserves up $21b
May 7th, 2023 - 10:56 GMT

China's forex reserves up $21b, Yuan beats Dollar

Trend Micro Blocks Over 15 Million Cyber Threats in Bahrain, According to 2022 Report
May 7th, 2023 - 09:33 GMT

Trend Micro Blocks Over 15 Million Cyber Threats in Bahrain, According to 2022 Report

EDB and UAE Ministry of Economy Recognize Partners for Successful Credit Guarantee Scheme Supporting mSMEs
May 7th, 2023 - 09:08 GMT

EDB and UAE Ministry of Economy Recognize Partners for Successful Credit Guarantee Scheme Supporting mSMEs

Social Security announces 2.74% pension raise
May 7th, 2023 - 08:53 GMT

Jordan Social Security posts 2.74% pension raise

127th Mahzooz draws crown 9th GUARANTEED weekly millionaire
May 7th, 2023 - 08:51 GMT

127th Mahzooz draws crown 9th GUARANTEED weekly millionaire

Ducab Group announces 380% growth in the volume of utilities solutions supplied between 2021 and Q1 2023
May 7th, 2023 - 08:41 GMT

Ducab Group announces 380% growth in the volume of utilities solutions supplied between 2021 and Q1 2023

Unpacking A European Parliament Scandal: A Belgian Judge Charade?
May 7th, 2023 - 08:30 GMT

Unpacking A European Parliament Scandal: A Belgian Judge Charade?

Sharjah Media City Participates in Annual Investment Meeting 2023
May 7th, 2023 - 08:22 GMT

Sharjah Media City Participates in Annual Investment Meeting 2023

UAE, GCC relieved by Fed interest rate halt
May 7th, 2023 - 08:14 GMT

UAE, GCC relieved by Fed rate halt

World Bank President Highlights Economic Challenges
May 7th, 2023 - 08:14 GMT

World Bank highlights global economic challenges

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