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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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MasterCard
August 23rd, 2017 - 06:37 GMT

Mastercard Launches Masterpass in KSA

Etihad Esco is designing and installing solar PV systems in 640 villas in Hatta, to be completed by the end of 2018.
August 23rd, 2017 - 06:24 GMT

DEWA Installs PV Solar Panels in Hatta Centre

Over 250 regional leaders from the media industry will convene in Dubai this year to take part in the event.
August 23rd, 2017 - 06:12 GMT

Anghami Launches the First Digital Audio Day Conference in the Region

During the launch of AW Rostamani AUTOTRUST network
August 23rd, 2017 - 05:41 GMT

AW Rostamani Launches Multi-Brand Network AUTOTRUST for Unparalleled Customer Service

The event was attended by the Egyptian Minister of Tourism H.E.Yehia Rashed, H.E. the Chinese Ambassador to Egypt and the President of Chinese Center of Culture they were welcomed by Soha El Torgoman Ramses Hilton General Manager.
August 23rd, 2017 - 05:35 GMT

Ramses Hilton Brings China to the Banks of the Nile!

During the meeting, Minister Al Mansoori expressed the UAE's move to increase its efforts towards further reinforcing economic and trade cooperation with the US.
August 23rd, 2017 - 05:31 GMT

UAE Ministry of Economy Steps up Efforts to Further Reinforce Economic and Trade Cooperation With US

Kuwait Finance House-Bahrain
August 23rd, 2017 - 05:26 GMT

KFH-Bahrain Announces the Winners of Cash Back Campaign for July

Marina Bay Sands Expo and Convention Centre
August 23rd, 2017 - 05:11 GMT

Bentley Announces Finalists in 2017 Be Inspired Awards Program

Al Habtoor Group senior management during the meeting with the Slovakian Ambassador
August 23rd, 2017 - 03:40 GMT

Al Habtoor Group Chairman Khalaf Ahmad Al Habtoor Holds Talks With Slovakian Ambassador to UAE

An Emirati man looks at the solar power platform at Masdar City, on the outskirts of Abu Dhabi. (AFP)
August 22nd, 2017 - 01:54 GMT

UAE's Economy to Slow Down as Abu Dhabi Cuts Oil Production: Report

About 99 percent of 'tasattur' in Saudi Arabia is in small and medium-sized enterprises. (AFP/ File)
August 22nd, 2017 - 12:42 GMT

'Tasattur' Prevalent Among SMEs in Saudi Arabia, Says Official

Emirates cabin crew with Thomas Bjørn, European Ryder Cup Team Captain.
August 22nd, 2017 - 12:20 GMT

Emirates Becomes Official Partner of the Ryder Cup

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