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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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Apple is preparing for the launch of this year's iPhone 11 handsets in September.
July 23rd, 2019 - 06:30 GMT

Apple May Add Ultra-Smooth Displays to Its 2020 Line-Up of iPhones

 Lexus LC @ Nurburgring
July 23rd, 2019 - 06:18 GMT

GAZOO Racing’s Lexus LC Triumphs in SP-Pro Class at ‎24 Hours of Nürburgring 2019‎

Emaar is a leading global property developer and provider of premium lifestyles based in Dubai, UAE, and present in 13 countries
July 23rd, 2019 - 06:09 GMT

Leading Global Developer Emaar Joins Hands With Beijing New Aerotropolis Holdings to Develop the Aero-Economic Area of Beijing Daxing International Airport

Mohamed Alabbar, founder of noon.com
July 23rd, 2019 - 06:01 GMT

noon.com announces partnership to bring Neolix autonomous driving vehicles to Dubai

UAE is followed by Qatar, Oman, Bahrain, Saudi Arabia and Kuwait.
July 23rd, 2019 - 06:00 GMT

Report: UAE Offers the Best Growth Prospects Among the Arab Countries

Masaud Hayat
July 23rd, 2019 - 05:51 GMT

Burgan Bank Turkey Remains Resilient and Continues to Deliver Good Results

During the event
July 23rd, 2019 - 05:35 GMT

UBF Brings All 52 Member Banks Together to Underpin UAE Government’s Emiratisation Agenda

The IMF directors welcomed the authorities’ ambitious reforms to develop the non-oil economy.
July 23rd, 2019 - 05:11 GMT

IMF: Saudi Arabia’s Reforms Start to Yield Results and the Outlook Is Positive

American Express Middle East
July 22nd, 2019 - 11:46 GMT

American Express Middle East Introduces Contactless Payment Technology

During the event
July 22nd, 2019 - 11:34 GMT

Sharjah Airport Receives Air Peace’s Inaugural Flight

British Airways attributed its cancellations to what it called its constant review of security arrangements at all airports
July 22nd, 2019 - 11:30 GMT

British Airways, Lufthansa Suspend Cairo Flights for Unspecified Reasons

Talal Al Dhiyebi, CEO, Aldar Properties
July 22nd, 2019 - 11:22 GMT

Aldar Presses Ahead With Work on Recently Awarded Dh5 Billion Projects

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