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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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A Kilo of Kindness
August 22nd, 2017 - 10:30 GMT

Mövenpick Hotels & Resorts Supports Families in Need With Launch of ‘Kilo of Kindness’ Charity Drive

Students line up as they enter their classroom on the first day of the academic year for public schools in Dubai on September 27, 2009. (Karim Sahib/ AFP)
August 22nd, 2017 - 10:08 GMT

VAT Not Applicable to Schools, Nurseries: UAE's Tax Authority

The new store was opened with a ribbon cutting ceremony attended by Mohamed Haji Al Khoori, director general of the Khalifa Bin Zayed Al Nahyan Foundation. (Trade Arabia)
August 22nd, 2017 - 09:58 GMT

Agthia Opens First Store in Dubai

 Xiaomi Smartphones. (Trade Arabia)
August 22nd, 2017 - 09:53 GMT

Etisalat Launches New Xiaomi Smartphones

The courses will be held once a month at Zain Tower in the Seef District for a period of six months.
August 22nd, 2017 - 09:48 GMT

Zain Bahrain to Offer Social Media Training Courses

Ford GT ’67 Heritage Edition
August 22nd, 2017 - 09:45 GMT

Ford Performance to Offer Tribute Livery of Historic 1967 Le Mans Winner With Ford GT ’67 Heritage Edition

Bank Nizwa - Highest Profit Milestone
August 22nd, 2017 - 09:22 GMT

Bank Nizwa Leads Banking Sector Growth Rate With 200 Percent Surge in H1 2017

Open daily from 6:30 am – 10:30 pm, a wide range of organic ingredients are also available for purchase for healthy cooking alternatives.
August 22nd, 2017 - 09:17 GMT

Bab Al Qasr Hotel Brings Savoury and Healthy Options to the Table

Convocation Ceremony
August 22nd, 2017 - 09:07 GMT

Rami Khouri to NU-Q: You Are the Story of Tomorrow

Dr. Sohair Wastawy, Executive Director of Qatar National Library (QNL), and Elliott Shore, a representative of the Council on Library and Information Resources (CLIR).
August 22nd, 2017 - 08:59 GMT

Qatar National Library Contributes to the Digital Library of the Middle East

DIFC said the finalists were selected based on their level of business maturity, potential to thrive at the accelerator and “degree of fit” with the partnering financial institutions. (GB)
August 22nd, 2017 - 08:54 GMT

Dubai FinTech Hive Accelerator Selects First 11 Finalists

Mrs. Salma Al-Hajjaj, General Manager for Human Resources at Gulf Bank, and Mr. Fawzi Al-Majdalli, Secretary General at MGRP signed the agreement on 21 August 2017 at the MGRP headquarters.
August 22nd, 2017 - 08:33 GMT

Gulf Bank and MGRP Launch Strategic Partnership to Support Private Sector Employment

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