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BUSINESS

BUSINESS latest

Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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Noura Mohammed Helal Al Kaabi
August 28th, 2017 - 05:56 GMT

ADNEC Celebrates Emirati Women’s Day

Hamad Medical Corporation
August 28th, 2017 - 05:46 GMT

HMC Announces Lineup of International Consultants Visiting in September

du Celebrates Emirati Women’s Day with Pioneering Women
August 28th, 2017 - 05:32 GMT

du Celebrates Emirati Women’s Day With Pioneering Women

LG V30 Floating Bar
August 28th, 2017 - 05:16 GMT

Upgraded UX in LG V30 Enables More Personalization Options for Maximum Convenience

Ooredoo
August 28th, 2017 - 05:07 GMT

Ooredoo Wins Gold Stevie Award for Best New App

The study predicts that holiday-goers in the summer will spend up to 26 hours a week on their smartphone. (Pixabay)
August 27th, 2017 - 12:24 GMT

40 Percent of GCC Travelers Use Their Smartphone to Plan Their Holidays: Poll

Sudanese President Omar al-Bashir walks past Chinese military honor guard during a welcoming ceremony in Beijing on June 29, 2011. (Liu Jin/ AFP)
August 27th, 2017 - 11:53 GMT

Sudan Gets $160 Million in Debt Relief From China

Emirates has introduced new fees for advanced seat selection that could see additional charges of up to $135 per passenger. (AFP/ File)
August 27th, 2017 - 10:42 GMT

Good Seat for a Price: Emirates Announces New Fees for Advanced Seat Selection

Maziad Al-Harbi, Mobily chief technology officer and head of Hajj committee
August 27th, 2017 - 10:32 GMT

Mobily Provides ‘Exceptional’ Services to Pilgrims During Hajj

Solar panels.
August 27th, 2017 - 10:28 GMT

Saudi Arabia to Launch Solar PV Services in Mid-2018

Dubai Islamic Bank
August 27th, 2017 - 10:18 GMT

Moody’s Upgrades Dubai Islamic Bank Ratings

The move is part of a plan to curb the pollution and make vehicles friendly to the environment of Dubai.
August 27th, 2017 - 10:14 GMT

Dubai’s RTA to Introduce 554 Hybrid Taxis

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