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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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Traditional and alternative medicines and therapies (reflexology, acupuncture, etc.) and cosmetic surgery will all be subject to VAT. (File photo)
August 23rd, 2017 - 01:50 GMT

How Will VAT Affect the UAE Healthcare Sector?

The forum will discuss joint investment opportunities between the two countries. (Shutterstock)
August 23rd, 2017 - 01:35 GMT

Major Saudi-Chinese Investment Forum Set in Jeddah Tomorrow

King Salman attending talks at the 26th Arab League Summit in Sharm el-Sheikh, Egypt, on March 28, 2015. (AFP)
August 23rd, 2017 - 01:33 GMT

Saudi Arabia Eyes Joint Investment Fund With China, With a Focus on Energy

Dr Al Nuaimi with officials of the companies at the signing ceremony.
August 23rd, 2017 - 12:19 GMT

Sheikh Zayed Housing Programme Signs Dh1 Billion Deal for Ajman Complex

Dubai Creek Harbour project.
August 23rd, 2017 - 12:00 GMT

Al Naboodah Wins Main Contract for Dubai Creek Harbour Project

EFG Hermes stressed that BLOM’s stocks had outperformed the remaining listed shares of Lebanese banks on the Beirut Stock Exchange.
August 23rd, 2017 - 11:39 GMT

Lebanon’s Three Largest Banks Growing Slowly: Report

The new Samsung Note 8 will be announced on August 23, 2017. (Shutterstock)
August 23rd, 2017 - 11:35 GMT

Watch: Samsung Reveals Note 8 in Two Videos Ahead of Today's Launch

Expo 2020 on Tuesday signed a deal with the Emirates Intellectual Property Association (EIPA) to help guard its intellectual property rights. (Shutterstock)
August 23rd, 2017 - 11:31 GMT

Expo 2020 Dubai Moves to Protect Brand

The project was successfully delivered to the Saudi Customs at King Abdullah Port, making the port a pioneer in equipping the central operations center and activating the 24-hour container inspection initiative.
August 23rd, 2017 - 11:15 GMT

King Abdullah Port Throughput Rises 14 Percent in First Half of 2017

Home page.
August 23rd, 2017 - 10:53 GMT

Ooredoo’s New Website Gathers Acclaim From Visitors Across Oman

Summer of Heritage Event
August 23rd, 2017 - 10:46 GMT

Dubai Culture Concludes Its ‘Summer of Heritage’ Event on a Bright Note

City Centre Ajman
August 23rd, 2017 - 10:40 GMT

City Centre Ajman Offers Complimentary Services

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