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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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Mobile threat researchers at anti-virus company Avast detected the apps on Google Play Store that were all likely designed by a Russian developer.
July 18th, 2019 - 08:22 GMT

Google Removes 7 Stalker Apps From Its Play Store

Air India.
July 18th, 2019 - 08:16 GMT

40kg Baggage Allowance for Passengers Traveling From India to UAE

The mood-detection system will use the latest AI techniques to continually adapt to nuances in the driver’s facial expressions and implement appropriate settings automatically.
July 18th, 2019 - 08:12 GMT

The Car That Responds to Your Mood: New Jaguar Land Rover Tech Helps Reduce Stress

Ziad El Hawi
July 18th, 2019 - 07:54 GMT

Millennium Atria Business Bay appoints Ziad El Hawi as Hotel Manager

Loan restructuring allows a company facing cash flow problems to renegotiate delinquent debts with lenders, enabling it to continue operations and avoid potential bankruptcy.
July 18th, 2019 - 07:46 GMT

The Reasons Behind Turkey's Failure to Restructure Bad Debt

Four Seasons Private Jet will touch down for the first time in Angkor Wat, Mexico City, Easter Island and Athens, among an enviable list of locales.
July 18th, 2019 - 07:41 GMT

Four Seasons Announces 2021 Itineraries Aboard All-New Private Jet

The growth in online hiring in the ‘IT and Telecom/ISP’ industry continues as Saudi Arabia rapidly transforms almost every sector with cutting-edge technology.
July 18th, 2019 - 07:32 GMT

Online Job Postings Soar 13 Percent in Saudi Arabia

Saudi Aramco's stake in the joint venture has been trimmed to 20%, while Jacobs Engineering remains at 40%.
July 18th, 2019 - 07:28 GMT

Saudi PIF Acquires 40 Percent Stake in Aramco-Jacobs Venture

Hamad Abdulmohsen Al-Marzouq
July 18th, 2019 - 07:23 GMT

Kd107.7 Million Net Profits for the Half Year of 2019 an Increase of 13.1 percent

The decision will increase the economic value of the entertainment sector by 9 percent and the consumer spending to more than $37.5 billion annually.
July 18th, 2019 - 07:11 GMT

Saudi Arabia Allows Businesses to Open Around the Clock

During the event
July 18th, 2019 - 06:17 GMT

du Announces Winners to Conclude IoT & AI Pioneers Competition

Toyota LC GTS
July 18th, 2019 - 06:00 GMT

Al-Futtaim Toyota Makes Car Ownership Easier Than Ever With Toyota Choices

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