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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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During the event
July 24th, 2019 - 05:47 GMT

KFH Bahrain Honors Its Branch Employees in Line With Its “Baytik Family” Program

Bank deposits have dipped by about 1.7% in the first five months of 2019.
July 24th, 2019 - 05:35 GMT

Now That the Budget Is Approved, What Is Indebted Lebanon's Next Step?

The region witnessed the completion of $88.5 billion worth of construction projects in the first half of 2019
July 24th, 2019 - 05:30 GMT

New Construction Projects Worth $125 Billion for the GCC in 2019

The portal aims to boost accuracy and speed in operations in line with regulatory lists and international agreements to develop the transport market.
July 23rd, 2019 - 12:30 GMT

Saudi Transport Authority Launches E-Portal Enables Carriers to Transfer Goods

Last year, more than 100 child health experts wrote an open letter to Facebook CEO Mark Zuckerberg, urging him to discontinue the Messenger Kids app.
July 23rd, 2019 - 12:00 GMT

Flawed Facebook App Exposes Children on Group Chats With Unauthorized Users

Wesam Lootah, CEO of the Smart Dubai Government Establishment
July 23rd, 2019 - 11:48 GMT

Smart Dubai’s ‘DubaiNow’ App Hits Dh4 Billion in Total Value of Transactions Processed

During the event
July 23rd, 2019 - 11:37 GMT

Sharjah Airport Authority Organises a Tour for Members of the Emirates Association of the Visually Impaired

Annual growth remains restrained at 3.2% compared to 5.8% in June 2018.
July 23rd, 2019 - 11:30 GMT

IATA: Jet Fuel Price Climbs $80 per Barrel, 8% Higher

Kaspersky Lab
July 23rd, 2019 - 11:26 GMT

Automotive Roulette: Are Aftermarket Smart Car Devices Secure?

Dubai Customs Main Building
July 23rd, 2019 - 11:22 GMT

Dubai Customs: Dubai-China Trade at Dh36 Billion in Q1 2019

During the event
July 23rd, 2019 - 11:09 GMT

A Qatari Librarian Believes “Librarianship” Is About Empowering People

During the event
July 23rd, 2019 - 11:01 GMT

Continental Opens Flagship Middle East Service Centre in Dubai

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