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BUSINESS

BUSINESS latest

Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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Dubai Culture aims to enhance Dubai’s cultural scene and draw attention to the Emirate’s rich heritage with a variety of initiatives that take place throughout the year.
March 8th, 2018 - 11:33 GMT

Dubai Culture, Global Village Welcomes VIPs to the Eighth ‘Live Our Heritage Festival’

Khalil Al Sedais and Abdullah Al Fassam during the signing of the agreement.
March 8th, 2018 - 11:10 GMT

KPMG Al Fozan & Partners Signs Agreement for New HQ in Riyadh

Expats need to receive clearance from their employer as well as the Interior Ministry. (Shutterstock)
March 8th, 2018 - 11:05 GMT

Kuwait: Expat Government Employees Need Double Clearance for New Visa

Sael Al Waary, Chairman of Arab Financial Services
March 8th, 2018 - 11:05 GMT

AFS: Banks Need to Collaborate With FinTech Companies to Provide Economies of Scale and Agility

Boursa Kuwait, together with its partners, will continue working towards women’s empowerment and inclusive growth.
March 8th, 2018 - 10:53 GMT

Kuwait the First Country in GCC to Join ‘Ring the Bell’ Initiative

The event concluded with a group photo and a tour of the scholars’ posters showcasing their community service projects in the West Hall Common Room.
March 8th, 2018 - 10:42 GMT

USAID’s USP Scholars at AUB Showcase Their Community Service Projects

Gautam Sashittal, CEO, DMCC
March 8th, 2018 - 10:35 GMT

27 Percent of British Businesses Look Overseas Post-Brexit: DMCC

OIP has been designed to offer a range of products that cater to all segments and budgets.
March 8th, 2018 - 10:28 GMT

Ooredoo Oman Offers Internet Speeds up to 350Mbps for Business Customers

Nissan Formula E
March 8th, 2018 - 10:22 GMT

Nissan Reveals Concept Livery for Its Formula E Debut Season

Many tourism officials and representatives from various travel and tourism agencies have been visiting the pavilion since the exhibition’s kick off.
March 8th, 2018 - 10:16 GMT

Al Midfa: A Total of 468,000 European Tourists Visited Sharjah in 2017

Yousef Baselaib, Executive Director of Sustainable Real Estate at Masdar
March 8th, 2018 - 10:15 GMT

Hundreds of Runners to Participate in Masdar City Sponsored Environmental Marathon

KIF 2018 will highlight the Government’s focus to strengthen several sectors and promote economic diversification.
March 8th, 2018 - 10:06 GMT

Kuwait Investment Forum 2018 Puts Spotlight on Robust Opportunities for Investors

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