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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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Enjoy the ultimate celebration of stories with the full Academy Awards experience, exclusively on OSN.
March 1st, 2018 - 11:47 GMT

All the Glitz and Glamour of the 90th Academy Awards, Live and Exclusive on OSN

Pepsi has revealed its latest brand campaign, ‘Generation after generation, yet the heart is one,’ bringing together 8 Saudi national icons.
March 1st, 2018 - 11:46 GMT

Pepsi Brings Together Saudi National Icons From Across Generations in New Campaign

Red Sea Grill is open every evening from 7.00 pm until midnight during Aqaba’s summer months, from March until November.
March 1st, 2018 - 11:42 GMT

'Red Sea Grill' Reopens at Movenpick Resort Aqaba

The TV series is now airing on MBC 4, Sunday through Thursday at 6:00 PM (KSA Time).
March 1st, 2018 - 11:30 GMT

Nesma Mahgoub Sings Theme Song of 'Ana Shahira Ana El Kha'en' Season One

Nasser Sarris, General Manager of UAE Banks Federation, speaking at the event.
March 1st, 2018 - 11:21 GMT

UAE Banks Federation Hosts Alliance and SWIFTNet 7.2 Migration Roadshow

The Al Tamimi team was led by co-head of office and partner, Alex Saleh, and partner Omar Handoush.
March 1st, 2018 - 11:01 GMT

Al Tamimi & Company Continues as Legal Counsel for NBK and Kuwait Finance House

This deal was signed in Barcelona at the Mobile World Congress 2018.
March 1st, 2018 - 11:00 GMT

Ericsson, STC Sign Two MoUs for Strategic 5G Collaboration

The unique room will offer breathtaking views of The Palm Island and will be specially adapted to suit a social media users every desire.
March 1st, 2018 - 10:40 GMT

Atlantis, The Palm Says Thank You to Fans With a Free Stay in the World’s First Social Media Suite

Bulent Unsal, Head of Telco – Middle East and North Africa, SAP
March 1st, 2018 - 10:32 GMT

SAP Enables Middle East’s Smart Cities with Connected Vehicles, IoT, and Telco Launches

During the event
March 1st, 2018 - 10:24 GMT

Abu-Ghazaleh, Danish Refugee Council Sign 'Financial Literacy TOT for Illiterate Beneficiaries’ Project Contract

Renuka Jagtiani, Landmark Chairwoman and CEO, with Georg J. Fischer, Viva CEO.
March 1st, 2018 - 10:12 GMT

Landmark Launches First Discount Store Concept, Viva Stores

Dubai Gold and Commodities Exchange (DGCX) continued its record-breaking start to the year while delivering its best month since inception.
March 1st, 2018 - 10:05 GMT

DGCX Records Its Best Month Since Inception, With 67 Percent Growth

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