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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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BisB Appoints Mohamed Kadhem Ebrahim as Chief Strategy & Sustainability Officer
May 7th, 2023 - 08:06 GMT

BisB Appoints Mohamed Kadhem Ebrahim as Chief Strategy & Sustainability Officer

Jazeera Airways flies direct to  Sphinx International Airport in Egypt
May 7th, 2023 - 08:01 GMT

Jazeera Airways flies direct to Sphinx International Airport in Egypt

Google plans to develop a more dynamic and user-friendly search engine
May 7th, 2023 - 07:45 GMT

Google to develop its search engine

KIB revealed the winners of “Al Dirwaza” account’s fourth draw
May 7th, 2023 - 07:42 GMT

KIB revealed the winners of “Al Dirwaza” account’s fourth draw

NBO’s islamic banking window, muzn’s kids wakala account helps children save for the future
May 7th, 2023 - 07:31 GMT

NBO’s islamic banking window, muzn’s kids wakala account helps children save for the future

The new, dynamic and powerful Mercedes-Benz GLC exclusively with electrified drive
May 7th, 2023 - 06:51 GMT

The new, dynamic and powerful Mercedes-Benz GLC exclusively with electrified drive

Qatar insurance recovers with profits of QR175m
May 7th, 2023 - 06:48 GMT

Qatar insurance recovers with profits of QR175m

Dubai Customs Showcases Innovation Prowess to Imdaad Group Delegation
May 7th, 2023 - 06:27 GMT

Dubai Customs Showcases Innovation Prowess to Imdaad Group Delegation

Burgan Launches the Best Three Cashback Cards in Kuwait offering up to 15%
May 7th, 2023 - 06:11 GMT

Burgan Launches the Best Three Cashback Cards in Kuwait offering up to 15%

QF Multiversity Grant Supports Innovative Teaching Across Universities within Education City
May 7th, 2023 - 05:42 GMT

QF Multiversity Grant Supports Innovative Teaching Across Universities within Education City

Markaz sets foundation for solid year with three award wins from Global Finance & Euromoney in Q1 2023
May 7th, 2023 - 04:27 GMT

Markaz sets foundation for solid year with three award wins from Global Finance & Euromoney in Q1 2023

WCM-Q equips healthcare professionals with biostatistical skills
May 7th, 2023 - 04:17 GMT

WCM-Q equips healthcare professionals with biostatistical skills

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