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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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HUAWEI P30
July 29th, 2019 - 10:33 GMT

4 Things Enjoy Doing With the Huawei P30 Lite 48MP Ultra-Wide Triple Camera New Edition This Summer

Gold could be restored to recent highs if the Federal Reserve indeed pulls the trigger on an interest rate cut at the end of July.
July 29th, 2019 - 10:25 GMT

Gold's Upbeat Momentum to Continue Due to Weaker Dollar's Outlook

Refinitiv did not immediately respond to a request for comment, while Blackstone declined to comment.
July 29th, 2019 - 10:25 GMT

London Stock Exchange in Discussions to Acquire Refinitiv for $27 Billion

Alfa Stelvio
July 29th, 2019 - 10:11 GMT

Dhofar Automotive Lunches Amazing Offers on Alfa Romeo Giulia, Giulietta, and Stelvio

Profit for the first six months of the year plunged 55 percent to 5.5 billion riyals ($1.47 billion)
July 29th, 2019 - 10:08 GMT

SABIC Profits Plunge Due to Decline in Product Prices

During the training program
July 29th, 2019 - 10:02 GMT

Al Masaood Automobiles and Glasurit Join Forces to Develop Vocational Training Program on Automotive Refinishing

ARMAX demonstrates Emirates Glass continuous R&D efforts and commitment to bring out new and advanced glass products that meet the design and build needs of the modern age.
July 29th, 2019 - 09:50 GMT

First Locally Coated Anti-Reflective Glass – ARMAX Affirms Superior Manufacturing Capabilities

Khalid Al Kassim, Assistant Director General for Economic Affairs at Dubai Economy
July 29th, 2019 - 09:27 GMT

Dubai Economy Unveils R&D Platform Initiative to Boost Competitiveness

Feta
July 29th, 2019 - 08:57 GMT

Jannah Marina Bay Suites Unveils New Mediterranean Restaurant

Salalah
July 29th, 2019 - 08:40 GMT

Oman Ministry of Tourism Leads Efforts Promoting Khareef Season 2019

Esraa Albuti is the first female Saudi national promoted to partner at EY
July 29th, 2019 - 08:27 GMT

EY Welcomes 20 New Partners in the MENA Region; First Female Saudi Partner Appointed

Trump earlier pledged a “substantial” retaliation against France, threatening to introduce tariffs on French wine and blasting Macron’s “foolishness”.
July 29th, 2019 - 08:26 GMT

France Warns Against Mixing Digital Tax With Wine Tariffs

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