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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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Munich Airport and Lufthansa are breaking new ground: It is the first-ever test of a humanoid robot equipped with artificial intelligence at a German airport.
February 28th, 2018 - 08:22 GMT

Munich Airport, Lufthansa Start Testing of Humanoid Robot in Terminal 2

N. Robert Hammer, chairman, president and CEO, Commvault
February 28th, 2018 - 08:13 GMT

Commvault, Infinidat Partner to Deliver Petabyte Scale Data Protection to Large Enterprises

Ford is increasing production of two entirely new SUVs to meet surging customer demand ahead of their arrival in Middle East showrooms.
February 28th, 2018 - 08:01 GMT

Ford Increasing Production of All-New Lincoln Navigator

Mike Song, the carmaker’s Head of Operations for the region
February 28th, 2018 - 07:43 GMT

Hyundai: Property Developers Urged to Add Electric Vehicle Charging Points to Apartment Buildings

GEMS FirstPoint school students at the learning zone.
February 28th, 2018 - 07:35 GMT

GEMS Education Launches Learning Zone Inspired by Emirates Mars Mission

This year, the airline will engage visitors to the Emirates Airline Festival of Literature with innovative on-ground experiences.
February 28th, 2018 - 07:32 GMT

Emirates Celebrates 10 Years of the Emirates Airline Festival of Literature

Karim Taga, Managing Partner and Global Practice Leader ADL
February 28th, 2018 - 07:28 GMT

Ooredoo Fibre Boosts Qatar to World’s Best-Connected and Fastest Gigabit-Fibre Country

The Deck, which opens its doors to passengers on 22 March, emulates a “contemporary living room” environment of understated luxury, helping customers to feel at ease and providing a sense of well-being.
February 28th, 2018 - 07:19 GMT

Cathay Pacific’s New Lounge Experience at HKIA Opens 22 March

Sheraton Grand Hotel Dubai Skyline
February 28th, 2018 - 07:14 GMT

Be Enchanted by Full Moon Yoga on the Roof at Sheraton Grand Hotel Dubai

During Ripe’s Academic Engagement Session With Students of the AUD.
February 28th, 2018 - 07:09 GMT

RIPE NCC Engages AUD Students on How the Internet Functions

Ali Amer, Managing Director, Global Service Provider, Cisco Middle East and Africa
February 28th, 2018 - 06:57 GMT

Saudi Telecom Company, Cisco Sign Strategic MoU to Bring the Benefits of 5G to Saudi Arabia

Andrew Liveris, executive chairman of DowDuPont
February 28th, 2018 - 06:56 GMT

DowDuPont Announces Brand Names for the Three Independent Companies It Intends to Create

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