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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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When complete, the DDC will support the growing focus on digital initiatives by businesses and the public sector in KSA and across the Middle East.
March 4th, 2018 - 12:30 GMT

Deloitte Establishes a Digital Delivery Center in Saudi Arabia

The blue Montblanc Sartorial Document Case and Meisterstück Wallet are the perfect choices for the dapper businessman looking for style and functionality.
March 4th, 2018 - 12:07 GMT

Blue Is the New Black: Discover Six Montblanc Essentials for the New Season

Every year, Oscar nominees are rewarded with a lavish assortment of freebies, ranging from all-inclusive vacations to diamond jewelry. (Photo: Mirror.co.uk)
March 4th, 2018 - 12:06 GMT

Sneak Peek: What’s Inside the 2018 Oscars Goodie Bag?

Road transport is responsible for almost a quarter of Saudi Arabia’s energy use. (Shutterstock)
March 4th, 2018 - 11:55 GMT

Poor Performing Cars to Blame for Soaring Fuel Consumption: Saudi Arabia

There are a couple of benefits of setting your money goals on a monthly basis. Here's a guide to help you. (Shutterstock)
March 4th, 2018 - 11:50 GMT

3 Steps to Prioritize and Set Monthly Money Goals

Ooredoo has consistently been at the forefront of supporting businesses in Oman, serving customers across a multitude of economic sectors.
March 4th, 2018 - 10:48 GMT

Ooredoo: Unlocking the Potential of SMEs in Oman

du is the Smart ICT Partner for Gartner Symposium 2018, a globally-renowned gathering of the region’s top IT industry executives, analysts, and experts.
March 4th, 2018 - 10:40 GMT

du’s Smart City Technologies to Be Exhibited at Gartner Symposium in Dubai

Tunisia's external debt includes 50 percent of multilateral debts, 14 percent of bilateral debts and 36 percent of debts contracted with the international financial market. (Shutterstock)
March 4th, 2018 - 10:23 GMT

Tunisia’s Debt Races to Danger Zone, at 69.9 Percent of GDP

Talal Abu-Ghazaleh, chairman and founder of Talal Abu-Ghazaleh Organization
March 4th, 2018 - 10:19 GMT

Forum of Firms Renews Talal Abu-Ghazaleh's Membership for the 15th Year

The merger between the National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) last year is reported to have resulted in numerous jobs cuts. (Photo: NBAD)
March 4th, 2018 - 10:16 GMT

Abu Dhabi Banks Slash 1,300 Jobs in Cost-Cutting Drive

LG customers expect our phones to excel in four core technologies which we call the ‘ABCD’ of killer features – audio, battery, camera and display.
March 4th, 2018 - 10:13 GMT

Improving Customer Trust and Enhancing Core Technologies Key to LG’s Mobile Strategy

The teachers were briefed on the nature of the banks operations, typical tasks assigned to employees, along with the bank’s achievements and future objectives.
March 4th, 2018 - 10:12 GMT

Bahrain Islamic Bank Receives Teacher Delegation From the Ministry of Education

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