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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 President of United States of America Donald Trump with the french President Emmanuel Macron in press conference at the Elysee Palace after an extended interview.
July 28th, 2019 - 07:33 GMT

Trump Threatens France of Reciprocal Action Over Digital Tax

Apple does not explicitly disclose this in its consumer-facing documentation, however, a small proportion of the recordings are passed on to the contractors around the world.
July 28th, 2019 - 07:32 GMT

Apple Listens to Your Confidential Conversations With Siri

Saudi cinemas were in third place for ticket sales in the Middle East in the second quarter of 2019.
July 28th, 2019 - 07:30 GMT

Saudi Arabia Urges Investors to Open Cinemas in Smaller Cities

Lower interest rates will encourage borrowing and stimulate economic growth in the UAE.
July 28th, 2019 - 07:28 GMT

GCC Interest Rate Cut to Stimulate UAE Growth

Dr. Ahmad Badr, Chief Executive Officer of Knowledge Group
July 28th, 2019 - 07:24 GMT

Knowledge Group Named Among Top 20 Learning Providers Globally

As for the chances for winning, each customer is eligible to enter the draw against each KD 10 in the Sunbula Account. 
July 28th, 2019 - 07:03 GMT

Warba Bank Announces 5 Winners of “Al Sunbula” Weekly Draw

The new markets to now have access to the Gameplay Management system include: Lebanon, Oman, Jordan, Algeria, Palestine, Bahrain, Libya, Morocco, Tunisia, and Yemen.
July 28th, 2019 - 07:02 GMT

PUBG Mobile Expands Gameplay Management System's Reach to 10 MEA Countries

National Bank of Kuwait
July 28th, 2019 - 06:51 GMT

GCC and Egypt Economic Outlook Hinges on Continued Reforms NBK Research

Over the last two years, the UAE provided more than US$364 million to support Palestinians.
July 28th, 2019 - 06:50 GMT

UAE Donates $50 Million to UNRWA

Granting work permits to men and women sponsored by their families aims to help firms meet their recruitment demand from the resident population itself.
July 28th, 2019 - 06:47 GMT

Employers in UAE Can Now Hire Men on Family Visas

H.E. Khlalifa Salem Al Mansouri, Acting Chief Executive of ADX
July 28th, 2019 - 06:14 GMT

Abu Dhabi Securities Exchange Creates Environmental Social & Governance Disclosure Guidance for Listed Companies

Arab Bank was recently named “The Middle East’s Best Bank 2019”
July 28th, 2019 - 06:00 GMT

Arab Bank Group First Half 2019 Profits Grow by 4% to Reach $453 Million

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