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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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Aqaba Container Terminal (ACT) is the preferred gateway to Jordan and beyond.
February 26th, 2018 - 12:52 GMT

Aqaba Container Terminal Partners With Tkiyet Um Ali to Support Local Communities

It's time to talk about a new Sony flagship phone: Sony Xperia XZ2. (Photo: Tech Radar)
February 26th, 2018 - 12:50 GMT

Sony Xperia XZ2 Review: Price, Release Date and Design

The event consisted of four sessions delivered by three WCM-Q psychiatry professors.
February 26th, 2018 - 12:42 GMT

WCM-Q offers Workshop on Psychiatry for Non-Psychiatrists

Saving money can be done, even in a city as expensive as Dubai. Here are some tips to help you. (Pixabay)
February 26th, 2018 - 12:41 GMT

Saving Money in Dubai: 5 Tips to Keep Your 2018 Resolutions on Track

The Mobile World Congress (MWC 2018) is back for the 13th year in Barcelona. Here's what to expect. (AFP)
February 26th, 2018 - 12:31 GMT

MWC 2018: What to Expect from Samsung, Nokia and More

The Hotel Galleria by Elaf is a landmark inspired by the famed Galleria Vittorio Emanuele II in Milan.
February 26th, 2018 - 12:26 GMT

Elaf Opens New Five-Star City Hotel in Jeddah

LG announced record full-year revenues for 2017.
February 26th, 2018 - 12:21 GMT

LG Revenues for 2017 Increase to $55.4 Billion

The Saudi Food and Drug Authority (SFDA) has assigned a unified call center number 19999 for citizens and expats to report any concerns.
February 26th, 2018 - 12:17 GMT

Bad Quality of Food, Cosmetics, Medicines: Call Saudi Food and Drug Authority

About 9.5 million Egyptians live outside the country, with 6.2 million expats living in Arab countries. (Khalil Mazraawi/ AFP)
February 26th, 2018 - 12:12 GMT

Remittances of Egyptians up 19 Percent Since Pound Flotation: Report

S&P forecasts that MENA countries will borrow about $181 billion this year from domestic and international commercial sources, down $11 billion from 2017.
February 26th, 2018 - 12:09 GMT

MENA's Borrowing to Drop 6 Percent in 2018, after Falling 30 Percent in 2017: S&P

The new Jeddah airport is expected to serve more than six million passengers annually in addition to 1.5 million pilgrims.
February 26th, 2018 - 12:03 GMT

New Jeddah Airport’s Soft Opening in May: GACA

The refurbishment project is scheduled to run for 45 days between April and May 2019.
February 26th, 2018 - 11:58 GMT

Dubai Airports to Close DXB’s Southern Runway for 45 Days

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