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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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UAE Ambassador to Nepal and Etihad Airways donate 10 double bunk beds
July 17th, 2019 - 06:50 GMT

Etihad Airways Introduces Nutritional Education Programme to Nepal School for Underprivileged Children

With the recently announced freehold law, investing in Abu Dhabi real estate has become more attractive.
July 17th, 2019 - 06:30 GMT

It's the Right to Time to Invest in Abu Dhabi's Real Estate

The Authority urged Taxable Persons to comply with the regulations to avoid administrative penalties.
July 17th, 2019 - 06:29 GMT

Federal Tax Authority: Sale of Cigarettes Not Bearing Red Digital Tax Stamps to Be Prohibited Across Local Markets as of August 1

Schneider Electric Lexington facility is a showcase for sharing IIoT integration strategies with End Users, Machine Builders and Partners
July 17th, 2019 - 06:19 GMT

Schneider Electric Launches First Smart Factory in the U.S. Demonstrating Quantifiable, Real-Time Benefits of Innovative Ecostruxure Solutions

During the event
July 17th, 2019 - 06:13 GMT

DP World Promotes Bilateral Trade and Investment Using Its Assets as a Springboard

Dr. Adnan Chilwan, Group Chief Executive Officer at Dubai Islamic Bank.
July 17th, 2019 - 05:49 GMT

Dubai Islamic Bank Group 1st Half 2019 Financial Results

During the event
July 17th, 2019 - 05:36 GMT

Markazia Toyota Trains Students From German Jordanian University

Lagarde on Tuesday announced that she formally submitted her resignation from the IMF position with effect from September 12, 2019
July 17th, 2019 - 05:26 GMT

Lagarde Resigns as IMF Chief

Vino & paella
July 16th, 2019 - 12:12 GMT

Fire up Your Summer With Vino and Paella at Park Hyatt Abu Dhabi Hotel and Villas

During the event
July 16th, 2019 - 12:09 GMT

UAE Astronauts Train at NASA’s Lyndon B. Johnson Space Center

The UAE’s first 5G-enabled WiFi router is here thanks to du’s unparalleled commitment towards enabling the 5G revolution
July 16th, 2019 - 12:02 GMT

du Boosts Customers’ 5G Futures with UAE’s First 5G Router Supporting 50GB Data SIM

During the event
July 16th, 2019 - 11:53 GMT

Al Naboodah Group Enterprises wins ‘Most Sustainable Business Model’ prize at Gulf Sustainability and CSR Awards 2019

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