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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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Bundle offer by Lifestyle at Centrepoint
July 25th, 2019 - 07:38 GMT

Centrepoint’s Back-to-School Collection Has Everything You Need to Be #CoolForSchool!

Turkey’s beaches, especially in the Mediterranean region, are one of the most popular destinations in all of Europe.
July 25th, 2019 - 07:38 GMT

Turkey One of the Top 5 Summer Holiday Destinations for Europeans

Personal financial wealth in the Middle East bucked global trends, with positive returns driving a growth in overall wealth by 5.7 per cent.
July 25th, 2019 - 07:20 GMT

UAE Personal Wealth to Keep Growing Despite Global Decline

Boeing CEO Dennis Muilenburg said Wednesday the company could end or suspend production of the 737 Max if the plane's troubles get worse.
July 25th, 2019 - 07:05 GMT

Boeing Posts Its Largest-Ever Quarterly Loss

During the event
July 25th, 2019 - 06:55 GMT

EPAA Participates in the Fourth Al Dhaid Dates Festival and Highlights Palm Trees and Their Importance

The offer includes other features such as 5 years/100,000km warranty, 5 years/100,000km free service package
July 25th, 2019 - 06:46 GMT

Dhofar Automotive Launches Its Amazing Summer Offers on Its Well-Known Brands

During the event
July 25th, 2019 - 06:28 GMT

FTA Board of Directors Holds 9th Meeting, Showcases Report on the Authority’s Accomplishments and Ongoing Development Projects

When used in moderation and under proper supervision, the use of the Internet can be valuable to a child’s development.
July 25th, 2019 - 06:13 GMT

Striking a Digital Balance Among Children This Summer

This partnership will be a major addition to our global portfolio and a new step in our ongoing expansion.
July 25th, 2019 - 06:00 GMT

UAE, Indonesia Seal Agreements Worth $9.7 Billion

The UAE is taking a number of initiatives to pave the way for its rapid transition towards a sustainable knowledge economy.
July 25th, 2019 - 05:22 GMT

UAE Remains the Most Innovative Country in the Arab World This Year

Crimean residents with travel documents issued there by the Russian authorities before the annexation can get Schengen visas.
July 24th, 2019 - 01:00 GMT

These Passport Holders Can’t Have Schengen Visas

The increase in online shopping is forecast to continue as online adults look forward to increasing their online spending over the next 12 months
July 24th, 2019 - 12:00 GMT

UAE E-Commerce Market to Hit $16 Billion in 2019, Most Advanced in MENA

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