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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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The ministry said in a statement on Saturday it has started issuing work permits for employers wishing to recruit eligible male workers sponsored by their families.
July 29th, 2019 - 08:20 GMT

All You Need to Know About UAE's New Work Permit Rule for Men

 In addition, KAMCO including its subsidiaries have restructured some of their investments to generate additional liquidity for the business during the first half of 2019.
July 29th, 2019 - 08:18 GMT

KAMCO Announces First Half Financial Results for 2019

An employee shall be notified in writing of any penalties imposed on him.
July 29th, 2019 - 08:18 GMT

You Can Sue Your Employer in UAE for Forcing You to Sign a Document

Oman Oil Marketing Company - Road Safety Awareness Village at Salalah Festival 2019
July 29th, 2019 - 08:01 GMT

Oman Oil Marketing Company ‘Instills Culture of Safety’ Among Children at Salalah Tourism Festival 2019

INFINITI VC-Turbo QX50
July 29th, 2019 - 07:58 GMT

Arabian Automobiles Offers a World-First Experience With the All-New Infiniti QX50

According to analysts, the OSS industry in Saudi Arabia is worth US $1 billion
July 29th, 2019 - 07:55 GMT

The $1 Billion Outsourcing Industry in Saudi Arabia

Omar Tahboub, General Manager at Bayt.com
July 29th, 2019 - 07:41 GMT

Bayt.com Poll Reveals the Best Way of Hiring According to Recruiters in the UAE

The race series is due to commence in 2021.
July 29th, 2019 - 07:37 GMT

Extreme E Electric SUV Premieres With Continental Tyres

FirstCry
July 29th, 2019 - 07:19 GMT

EZDubai Welcomes India’s Largest Specialist Store for Babies and Kids to UAE

Etihad Airways
July 29th, 2019 - 07:06 GMT

Etihad Airways to Serve London Heathrow With Fourth Year-Round Daily Service

Iran has admitted that tighter US restrictions that began in May have affected imports although authorities insist they would continue to sell crude through unconventional methods.
July 29th, 2019 - 06:48 GMT

China Continues to Import Iran’s Oil Despite US Sanctions

A closer look at recent leading indicators suggest a more mixed picture, including significant signs of growth stabilisation.
July 29th, 2019 - 06:48 GMT

China to Witness Economic Expansion Despite External Challenges

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