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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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Marwan Hamed has recently finished shooting his new film Diamond Dust.
March 6th, 2018 - 06:03 GMT

Marwan Hamed Wins 'Best Director' at Fantasporto Film Festival in Portugal

President Francis Ricciardone welcomed University of Seoul's President Yun-hi Won.
March 6th, 2018 - 05:42 GMT

AUC, University of Seoul Partner to Expand International Collaborations

The Samsung Galaxy S9 Plus is easily the more impressive phone, but it comes at a cost. (Photo: Tech Radar)
March 5th, 2018 - 01:28 GMT

Samsung Galaxy S9 vs Galaxy S9 Plus: What’s the Difference?

Dubai-based broadcaster MBC removes all Turkish shows ‘until further notice’. (Photo: Puhu TV)
March 5th, 2018 - 01:14 GMT

‘Until Further Notice’: Dubai-Based MBC Takes Turkish TV Shows Off Air

Essa Kazim, Chairman of DIFC Authority Board of Directors and Governor of DIFC
March 5th, 2018 - 01:05 GMT

DIFC Achieves Record Growth in 2017 as MEASA’s Leading Financial Hub

Hans Van Bylen, Henkel CEO
March 5th, 2018 - 12:57 GMT

Henkel Achieves New Highs in Sales and Earnings in 2017

The news comes as a giant, 600-tonne tower crane is removed from the construction site, signalling a major milestone in Nakheel Mall’s progress.
March 5th, 2018 - 12:40 GMT

Dh1.2 Billion Nakheel Mall Completes 85 Percent

 The much-anticipated opening of China’s first integrated entertainment resort is set to enhance Hainan’s incredible tourism proposition.
March 5th, 2018 - 12:34 GMT

Atlantis Launches Dh1.6 Billion Resort in China

Al Marjan Island complements the focus of the Ras Al Khaimah government to establish the emirate as one of the fast-growing business and leisure hubs in the region.
March 5th, 2018 - 12:26 GMT

Al Marjan Island to Highlight Investment Opportunities at Berlin International Hotel Investment Forum

The winners were congratulated and recognized by Ahmed Mahboob Musabih, DC Director, in presence of executive directors, heads of departments and a number of staff.
March 5th, 2018 - 12:18 GMT

Dubai Customs Honors ‘Innovator Award’ Winners

Samer Habbal, Head of Emerging Businesses and Content, MENA, Reuters and Mansoor Sarwar, Director of Technical Services and Pre-sales at Sage.
March 5th, 2018 - 12:08 GMT

Sage Joins Thomson Reuters Accelerate SME as Technology Solution Provider

oredoo prepaid customers can now request advance data bundles, directly from their mobile devices wherever they are at any time of the day.
March 5th, 2018 - 12:03 GMT

Ooredoo Oman Launches ‘Easy Data’ Service for the First Time

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