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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 delegation is in Madrid, Spain, to discuss bilateral relations with senior government officials.
July 14th, 2019 - 08:00 GMT

UAE, Spain Sign MoU to Enhance Cooperation in the Infrastructure Sector

During the event
July 14th, 2019 - 07:49 GMT

QCDC Wraps up Successful First Edition of Career Academy

During the event
July 14th, 2019 - 07:32 GMT

Contributing to the Community: ADU Volunteer Students Recognized for Lending a Hand to People of Determination

Aref Al-Ramli, Head of Digital Banking and Innovation at  Mashreq Bank
July 14th, 2019 - 07:17 GMT

Mashreq Becomes First Bank in the Middle East to Provide International Market Investment through Mobile Banking

Khalid Jasim Al Midfa, Chairman of SCTDA
July 14th, 2019 - 07:06 GMT

SCTDA to Begin Training Pledges in Partnership With NAMA Ahead of WEEGS 2019

Target to achieve $5 trillion is not far and eminently achievable.
July 14th, 2019 - 07:00 GMT

India to Reach a GDP Target of $5 Trillion Earlier than Expected

Hyundai Motor Company releases a spectacular video on YouTube celebrating the worldwide debut of its newest SUV, the Venue
July 14th, 2019 - 06:47 GMT

Hyundai Motor Company Heralds Global Launch of Venue SUV in Showstopping Video Advert

PwC also estimates that AI could contribute up to $15.7 trillion to the global economy in 2030, more than the current output of China and India combined.
July 14th, 2019 - 06:30 GMT

AI Systems to Play a Key Role in Security System Transformation in UAE

During the event
July 14th, 2019 - 06:27 GMT

NBO’s Al Kanz Savings Account Half-Year Mega Draw Awards Two Winners With Omr 500,000

During the event
July 14th, 2019 - 06:13 GMT

‘Abu-Ghazaleh’ and Aroqa Conclude the Reviewer of Quality Assurance in Education Program

All construction buildings that were created in the past have a certain life span, after which the structure is unsafe as it can collapse.
July 14th, 2019 - 06:00 GMT

Construction Aggregates Market Set to Hit Nearly $623 Billion in the Next 10 Years

During the event
July 14th, 2019 - 05:52 GMT

Burgan Bank Holds a Summer Workshop for Its Youth Account Holders

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