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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 21st, 2019 - 07:05 GMT

Burgan Bank Launch Burgan’s Summer Young Bankers Program for 2019

A number of factors has been hindering privatization trend in the country
July 21st, 2019 - 07:00 GMT

300 Companies in Iran Deleted From Privatization Plan List for Current Year

Rixos Alamein
July 21st, 2019 - 06:54 GMT

Rixos Alamein Splashes Into the New Season With Inspired Experiences

During the event
July 21st, 2019 - 06:44 GMT

Turkish Airlines Adds Indonesia's World-Famous Holiday Island, Bali to Its Flight Network

Jordan and Morocco see eye-to-eye on the Palestinian issue and support the right of the Palestinian people to statehood on the pre-1967 borders with East Jerusalem as a capital.
July 21st, 2019 - 06:30 GMT

Jordan, Morocco Reaffirm Strategic Ties Between the Two Countries

the 4x4 Toyota Hilux combines strength, agility, reliability and usability on varied terrains.
July 21st, 2019 - 06:28 GMT

Markazia Toyota Offers an Exclusive Financing Scheme for Purchasing the Toyota Hilux 2019

During the event
July 21st, 2019 - 06:13 GMT

Hamdan Bin Mohammed Smart University Declares 18 Winners of Its Entrepreneurship and Technology Science Program

During the event
July 21st, 2019 - 06:10 GMT

GoAir Launches New Flights From Mumbai and Delhi to Abu Dhabi International Airport

The residential properties ranked first in terms of sales transactions, constituting 69.7 per cent of the total transactions recorded.
July 21st, 2019 - 06:05 GMT

Sharjah Real Estate Transactions Hit $4 Billion in First Half of 2019

During the event
July 21st, 2019 - 05:59 GMT

Abu Dhabi University Students Bridge Cultures Through Exchange Program Trip to Scotland

Libya’s overall oil production before the Sharara outage stood at 1.2-1.3 million bpd
July 21st, 2019 - 04:51 GMT

Libya’s Largest Oilfield Has Been Shut Down Since Friday

Morocco could post a growth rate of 4.5 percent in 2024 from 3 percent in 2018 if it continues on the path of reform and inclusive growth.
July 20th, 2019 - 03:00 GMT

IMF Calls on Morocco to Move Towards a Greater Exchange Rate Flexibility

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