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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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During the press conference.
February 21st, 2018 - 10:20 GMT

Qatar Airways Takes Delivery of First Airbus A350-1000

The award-winning products represent the ROG commitment to design innovation and engineering excellence.
February 21st, 2018 - 10:12 GMT

ASUS Republic of Gamers Wins Seven iF Design Awards 2018

Saudi Arabia on Tuesday approved an agency under the Ministry of Labor to facilitate the employment of Saudis in the private sector. (AFP/ File)
February 21st, 2018 - 10:11 GMT

Saudi Arabia Approves Special Unit to Employ Saudis in Private Sector

John Flint, Group Chief Executive of HSBC
February 21st, 2018 - 10:05 GMT

HSBC’s Profit Jumps in 2017, But Below Expectations

The growing popularity of the Sultanate’s pavilion at Gulfood 2018 is a clear indication of the reputation enjoyed by quality Omani products at regional and international levels.
February 21st, 2018 - 09:55 GMT

Omani Firms Receive Export Orders at Gulfood 2018

Ahmed Al Khaja, Chief Executive Officer, DFRE
February 21st, 2018 - 09:48 GMT

Dubai to Celebrate National Day of Kuwait through Array of Exciting Events

Saeed Mohammad Al Gergawi, Director of Dubai Future Academy
February 21st, 2018 - 09:41 GMT

Dubai Future Academy Appoints New Director

Mishal Kanoo, Chairman of Kanoo Group
February 21st, 2018 - 09:30 GMT

Kanoo Group Chairman Launches Luxury JV

Mishal Kanoo, Chairman of UAE-based Kanoo Group
February 21st, 2018 - 09:27 GMT

Kanoo Group Chairman Launches Luxury JV

Municipal efforts aim to enhance the safety of community members.
February 21st, 2018 - 09:14 GMT

Abu Dhabi City Municipality Cracks Down on Temporary Boundary Walls at Musaffah Industrial

Wesam Lootah, CEO of Smart Dubai Government Establishment
February 21st, 2018 - 09:08 GMT

More Than 300 Influential ICT Leaders Gather in Dubai for IDC’s Middle East CIO Summit 2018

The MoU was signed by Fadi Hani, Vice President, Avaya, Middle East, Africa and Turkey, and H.E. Professor Osama A. Jannadi, Rector of UBT.
February 21st, 2018 - 09:00 GMT

Avaya, Jeddah’s University of Business and Technology Sign MoU to Drive Education Initiatives

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