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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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The U.S. dollar/Turkish lira exchange rate was 5.6780 as of 9.30 a.m. local time (0630GMT) on Monday, up from 5.6440 on Friday.
July 22nd, 2019 - 09:31 GMT

Turkey's Stock Index Slips by 0.04 Percent

In Bahrain, openness of the economy and the quality of institutions have led to the Kingdom’s ranking in the top 60
July 22nd, 2019 - 09:30 GMT

Report: Bahrain Among Top 60 for Economic Openness

Khalid Jasim Al Midfa, Chairman, SCTDA
July 22nd, 2019 - 09:22 GMT

Sharjah Commerce and Tourism Development Authority Organizes Fun Activities at the Expo Centre Sharjah as Part of Sharjah Summer Festival 2019 Celebrations

LG QuadWash
July 22nd, 2019 - 09:18 GMT

LG Quadwash Steam Dishwasher Raises Bar With Cutting-Edge Technology

During the event
July 22nd, 2019 - 09:08 GMT

TAG Knowledge Forum Hosts a Seminar on the Role of Women in National Security

The outlook for total business activity strengthened in June as the Future Output Index rose to 80.0.
July 22nd, 2019 - 09:07 GMT

Growth Outlook for Business Activity in Qatar Strengthening Despite Blockade

The bank has played an active role in supporting Saudi Arabia’s small and medium enterprise (SME) sector
July 22nd, 2019 - 09:00 GMT

Dubai's Largest Bank to Expand in Saudi Arabia

The premium smartphone comes backed by a 7nm Qualcomm Snapdragon 855 octa-core SoC, paired with 12GB of RAM and 512GB storage. 
July 22nd, 2019 - 08:49 GMT

Samsung Galaxy Fold's Problems Fixed, Launching Date to Be Released Soon

Schneider Electric
July 22nd, 2019 - 08:38 GMT

Schneider Electric DMS NS Signed a Cooperation Agreement With the Faculty of Technical Sciences in Novi Sad and the Faculty of Electrical Engineering in Belgrade

Running large deficits has done little to strengthen employment prospects for the local population.
July 22nd, 2019 - 08:30 GMT

MEA Economies to Face the Slowest Growth in a Decade in 2019

KPMG
July 22nd, 2019 - 08:08 GMT

KPMG in Bahrain: Bahrain Economic Substance Legislation Is a Game Changer

Exposure to debt instruments may be increased when equity markets nosedive due to global turmoil.
July 22nd, 2019 - 08:00 GMT

How to Minimise the Effects of Volatility

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