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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 24th, 2019 - 09:50 GMT

Huawei Launches the Huawei P30 Lite 48MP Edition in Saudi Arabia

GE Kuwait Sabiya West
July 24th, 2019 - 09:41 GMT

GE’s Gas Turbine Upgrades Increase Output and Efficiency at Kuwait’s Sabiya West CCGT 2,000 MW Power Plant

During the event
July 24th, 2019 - 09:31 GMT

Abu-Ghazaleh Receives the South Korean Ambassador to Discuss Launch of Office in Seoul

The IMF again stressed that resolving uncertainty remains the most pressing issue for the global economy
July 24th, 2019 - 09:30 GMT

IMF: Global Economy to Face a Precarious 2020

Nad Al Sheba Villas
July 24th, 2019 - 09:23 GMT

Nakheel Launches High-End Villas for Lease at Nad Al Sheba

Countries of the GCC region also witnessed the completion of $88.5 billion (AED324.8 billion) worth of construction projects in the first half of 2019
July 24th, 2019 - 09:10 GMT

Saudi Arabia’s Construction Market Investments Reach $63.5 Billion in Q2 2019

The 5G-related investment would allow China to obtain a massive share in terms of intellectual property.
July 24th, 2019 - 09:01 GMT

5G: A Two-Edged Sword for China?

Bab Al Qasr Hotel
July 24th, 2019 - 09:01 GMT

Celebrate a Joyous Eid- Al Adha With an Indulgent Staycation at Bab Al Qasr Hotel & Residences

During the event
July 24th, 2019 - 08:51 GMT

Khalifa Fund Organizes Summer Camp for Young Girls in Abu Dhabi

Sharjah Islamic Bank
July 24th, 2019 - 08:46 GMT

Sharjah Islamic Bank's Net Profit Rises to 291 Million During the First Half of 2019

Middle Eastern Clubs present at the world’s largest Volkswagen festival
July 24th, 2019 - 08:38 GMT

Official Short Film Released to Celebrate 200 Days to Dub Drive GCC 2020

Phase 5 of Expo Golf Villas by Emaar
July 24th, 2019 - 08:05 GMT

Emaar Launches Fifth Phase of the High-In-Demand Expo Golf Villas Located Near the Expo 2020 Dubai Site

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