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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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Galaxy Fold
July 25th, 2019 - 11:40 GMT

Galaxy Fold Ready for Launch starting from September

During the event
July 25th, 2019 - 11:07 GMT

Dubai International Program for Writing Concludes Translation and Short Story Workshops

These projects are on top of other initiatives valued at USD 242 billion that are now at various pre-execution stages.  
July 25th, 2019 - 11:00 GMT

Middle East Region Sees Increase in Offshore Spending

The new OMR 5 plan means that customers can chat for longer, with an incredible 1,200 minutes, valid for 30 days.
July 25th, 2019 - 10:37 GMT

Ooredoo Gives Customers Amazing Offers to Call India

A criminal who used FaceApp in China was detected and captured from among 50,000 people in a concert hall thanks to the facial recognition system.
July 25th, 2019 - 10:21 GMT

What You Need to Know About FaceApp's Data Access

LG World’s First Arabic Supported AI TVs
July 25th, 2019 - 10:12 GMT

LG Launches World’s First Arabic Supported AI TVs in Saudi Arabia

Schneider Electric
July 25th, 2019 - 09:50 GMT

Schneider Electric’s Flagship Distribution Center in Shanghai Goes Smart and Digital

Children interacted and engaged with the first camp due to its rich content and diverse ideas.
July 25th, 2019 - 09:44 GMT

Children of ‘Our Summer Is Art & Culture’ Camp Are the Innovators of the Future

An increasing number of them have also come around to the idea that technology to capture carbon out of the atmosphere or eliminate it as a byproduct in industrial processes will be an essential piece of the puzzle.
July 25th, 2019 - 09:43 GMT

10 Startups Trying To Battle Climate Change Using Technology

For every AED 3 spent by customers when purchasing a MAG Lifestyle Development property, one Etihad Guest Mile will be earned
July 25th, 2019 - 09:33 GMT

Etihad Guest and MAG Alliances Form Rewards Partnership for MAG Lifestyle Development Customers

The company explained the layoffs with “the curtailment of business operations” as the result of Washington’s actions.
July 25th, 2019 - 09:26 GMT

Huawei Lays off 70 Percent of American Research Unit Staff

The demonstration was a convincing reminder of Tokyo 2020’s promise to deliver the most innovative games in history.
July 25th, 2019 - 09:25 GMT

Panasonic’s Real-time Tracking and Projection Mapping Compatible Projector Impresses Audience at Tokyo 2020’s “One Year to Go” Ceremony

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