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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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Egypt is running an “outdated” railway system and politicians are not happy. (Shutterstock)
March 7th, 2018 - 10:49 GMT

Egypt's Railway System Has Not Been Developed for 60 Years: Minister

Rare and colorful birds are among the animals you can see at Al Numan Park in Oman. (Shutterstock)
March 7th, 2018 - 10:44 GMT

Birds, Snakes: Rare Animals on Display at This Oman Zoo

Bettina Tratz-Ryan, Research Vice President Gartner
March 7th, 2018 - 10:37 GMT

Gartner: Citizen Engagement Is Critical to the Success of Smart Cities

Omar Kutayba Alghanim, Gulf Bank's Chairman
March 7th, 2018 - 10:36 GMT

Gulf Bank Announces Cash Dividend of 9 Fils per Share, 29 Percent up From Last Year

The Ministry of Agriculture explained this increase by the jump of the quantities exported to Spain (1154.14%), Turkey (147.24%), Canada (136.55%) and Bulgaria (87.10%). (Shutterstock)
March 7th, 2018 - 10:33 GMT

Tunisia's Revenues From Organic Dates up 35 Percent in 2017

The new Jeddah Tower will be at the heart of the new agreement.
March 7th, 2018 - 10:26 GMT

Orange Business Services, Jeddah Economic Company Sign Smart City Agreement

Mohammed Ali Rashid Lootah, CEO of CCCP
March 7th, 2018 - 10:25 GMT

DED Sees 35 Percent Drop in Complaints About Business Disputes During 2017

The new Mercedes-AMG C 43 4MATIC Sedan.
March 7th, 2018 - 10:19 GMT

New Mercedes AMG C 43 Sedan Unveiled at Geneva Motor Show This Week

Abdulaziz Jaafar, new Director of ICT & Business Development at Ooredoo
March 7th, 2018 - 10:11 GMT

Ooredoo Oman Appoints Abdulaziz Jaafar to Lead ICT and Business Development

During the exhibition, Airbus will showcase a wide portfolio of its innovative products and solutions at its stand.
March 7th, 2018 - 10:01 GMT

Airbus to Participate at Doha Maritime Defence Exhibition and Conference 2018

Xerox Corporation event 2018
March 7th, 2018 - 09:59 GMT

Xerox and CCS Talk About the Future of Work in UAE

du will now be able to design, architect, build, migrate, and manage customer workloads and applications on the Amazon Web Services Cloud.
March 7th, 2018 - 09:48 GMT

du Joins Amazon Partner Network as Consulting Partner

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