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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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Ammar Al Malik, Executive Director of DIC
March 7th, 2018 - 12:15 GMT

Dubai Internet City Partners Secure Dh7.8 Billion in Investment Since Launch

Ali Fardan, NBK-Bahrain General Manager
March 7th, 2018 - 12:15 GMT

NBK Bahrain Reports Net Profit of BD93.5 Million for 2017

The Kuwaiti Ministry of Electricity and Water (MEW) plans to reassess its needs for expatriate workers. (File photo)
March 7th, 2018 - 12:06 GMT

Kuwait: Ministry of Electricity to ‘Reassess’ Jobs of Expats on Expiring Contracts

Sheikh Jackson is written and directed by Amr Salama and co-written by Omar Khaled.
March 7th, 2018 - 12:06 GMT

Three Films Distributed by Mad Solutions at the Mona Film Festival

The project includes installing 15 barbecue units in the Dolphin Park.
March 7th, 2018 - 11:58 GMT

Abu Dhabi City Municipality Installs 39 BPQ Units in Abu Dhabi Parks on Trial Base

The program echoes the sentiments put forth by the Year of Zayed, designed to commemorate the memory of the late Sheikh Zayed 100 years after his birth.
March 7th, 2018 - 11:50 GMT

Emirates Red Crescent, Aster Volunteers Put a Smile on 100 Underprivileged Children’s Faces

During the meeting.
March 7th, 2018 - 11:48 GMT

Government Financial Policy Council Meets to Discuss Financial and Economic Developments in Dubai

Khamis Juma Buamim, Board Member and MD & Group CEO of Gulf Navigation Holding Group
March 7th, 2018 - 11:33 GMT

Gulf Navigation Increases Its Capital Through Trading Rights Issue

During the event.
March 7th, 2018 - 11:28 GMT

Doha Bank Wins 'Best Local Bank in Qatar' Award

In parallel with the World Customs Organization’s HS celebrations, the Tariff and Origin Department of DC held an event commemorating thirty years of remarkable achievements and success stories.
March 7th, 2018 - 11:23 GMT

Dubai Customs Commemorates 30th Anniversary of the Harmonized System

During the signing ceremony.
March 7th, 2018 - 11:09 GMT

DMCC Signs UN Women’s Empowerment Principles to Advance Gender Equality

Wadad Kafka, GBM Vice-President of Services
March 7th, 2018 - 10:55 GMT

GBM Appoints Wadad Kafka as New Vice-President of Services

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