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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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Oman’s expatriate workforce has also fallen, from 1,854,880 people in May 2018 to 1,787,447 this year.
July 17th, 2019 - 09:00 GMT

65,000 Expats Flee Oman in a Year Due to Omanisation

During the event
July 17th, 2019 - 08:39 GMT

Abu-Ghazaleh Discusses With the Venezuela Ambassador Office Launch

Participating in the rent-to-own scheme means that buyers can affordably purchase a property with no down payment
July 17th, 2019 - 08:30 GMT

How to Use Your Rental Payments to Become a Landlord

The next generation of wireless technology promises speeds up to 10 times faster than 4G, with download speeds of up to 1.5Gb per second, which has customers excited.
July 17th, 2019 - 08:19 GMT

Ooredoo Launches 5G Experience Demos

Lighting systems 5G radio dot
July 17th, 2019 - 08:02 GMT

Ericsson and Signify See 5G Connectivity in a New Light With Joint Indoor Solution

The sector will aim to implement solar power projects with a focus on building local capabilities in line with the Nama Group’s sustainability strategy.
July 17th, 2019 - 08:00 GMT

Oman Issues RfQs for Two Independent Solar Power Projects

Zayna Spa
July 17th, 2019 - 07:50 GMT

Treat Yourself at Zayna Spa, Grand Millennium Al Wahda This Summer With an Anti-Cellulite Detoxifying Body Wrap Treatment

The oil tanker is not owned or operated by the UAE and has not sent a distress call.
July 17th, 2019 - 07:30 GMT

US Points Finger at Iran for Seizing Oil Tanker in Strait of Hormuz

Cars will be operating within the fleet from 1st August, 2019
July 17th, 2019 - 07:26 GMT

Peugeot and Al Emad Ink 100 Vehicle Deal for 208

ll-new Renault Duster or Captur vehicles available at a monthly rate of ONLY AED 777
July 17th, 2019 - 07:09 GMT

Triple 7 Campaign Launched at Arabian Automobiles Renault

This edition includes the option of creating an e-account for investors seeking investment opportunities, which provides several benefits to users
July 17th, 2019 - 07:00 GMT

Egypt Launches Cross-Sector Investment Map

Emirates Airline
July 17th, 2019 - 06:54 GMT

Flying Solo Marks New Milestone for Emirates Flight Training Academy

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