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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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Tareq Al-Qallaf, Kuwait’s wheelchair fencing champion
March 1st, 2018 - 08:10 GMT

Burgan Bank Wishes Tareq Al-Qallaf Success in Arnold Schwarzenegger Fencing Classic 2018

Andy Vandeveld, Commvault Vice President Worldwide Alliances
March 1st, 2018 - 08:02 GMT

Commvault Names Andy Vandeveld as Vice President, Worldwide Alliances

Mercedes-Benz is adding to its exceptional S-Class portfolio with the latest Coupé and Cabriolet.
March 1st, 2018 - 07:56 GMT

Mercedes-Benz Adds New S-Class Coupé and Cabriolet to Its S-Class Portfolio

Tesla Electric Charging Vehicles.
March 1st, 2018 - 07:43 GMT

Sahara Centre Becomes the First Mall in Sharjah to Install Free Electric Vehicle Charging Points

du selected Cisco IP core network to modernise, expand and complete a seamless migration to virtualised and native cloud architecture.
March 1st, 2018 - 07:32 GMT

du, Cisco Collaborate on IP Core Network Modernisation and Expansion

Saleh Al Abddoli, CEO, Etisalat Group with David Haigh, CEO Brand Finance
March 1st, 2018 - 07:25 GMT

Etisalat Wins 'Most Valuable Telecoms Brand' in MENA Region at MWC 2018

Rafiah Ibrahim, Head of Ericsson Middle East and Africa
March 1st, 2018 - 07:06 GMT

Ericsson Middle East and Africa to Launch Innovation Hubs

Besides flight rewards and upgrades, members can earn and redeem Skywards Miles through over 100 programme partners including airlines, hotels and retail & lifestyle outlets.
March 1st, 2018 - 06:53 GMT

Emirates Skywards Marks Milestone With 20 Million Members

Saleem AlBlooshi, EITC’s Chief Infrastructure Officer
March 1st, 2018 - 06:52 GMT

du, Nokia to Trial and Deploy 5G NR Technology

Kevin Hu, President of Huawei Network Product Line, speaking at the launch conference.
March 1st, 2018 - 06:45 GMT

Huawei Launches Intent-Driven Network and AUTIN Intelligence Solution at MWC 2018

Hamad Buamim, Chamber’s President and CEO
March 1st, 2018 - 06:42 GMT

Dubai Chamber’s Investments in Latin America to Reach Dh100 Million Over the Next Decade

The Board of Directors adopted results of tender for VAT refund system for tourists.
March 1st, 2018 - 06:37 GMT

UAE Federal Tax Authority’s Board of Directors Approves Plan to Exempt Penalties for Businesses

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