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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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Iran has threatened to close the Strait of Hormuz if Western moves to ban Iranian crude exports crippled its energy sector
March 19th, 2012 - 06:53 GMT

Iraq plans oil export routes for any Hormuz crisis

Al Bawaba
March 19th, 2012 - 06:30 GMT

Emaar Retail to offer an array of amusement games with SEGA Republic Game Zone in Dubai Marina Mall

Al Bawaba
March 19th, 2012 - 06:07 GMT

Zain Jordan renews its partnership agreement with the Jordan Engineering Association

Al Bawaba
March 19th, 2012 - 05:49 GMT

Standard Chartered sees evolution in relationship between UAE and Korea as trade and investment corridor strengthens

Media attention has focused on the possibility of an oil supply shock which could negatively impact economic growth forecasts as prices skyrocket
March 18th, 2012 - 04:06 GMT

Investors take advantage of rising oil prices

2011 witnessed two major changes in the rankings of the world’s economies
March 18th, 2012 - 03:27 GMT

Middle East corporations exemplify global aspirations

Foreign reserves are currently at $15.7 billion, which are expected to last through only three months worth of imports
March 18th, 2012 - 03:11 GMT

Egypt's Suez Canal sees record revenue since new toll

Al Bawaba
March 18th, 2012 - 01:27 GMT

Ramada Downtown Dubai appoints Front Office Manager

Casadei fontana collection
March 18th, 2012 - 01:14 GMT

Casadei introduces its 3-dimensional S/S 2012 stunner – the Fontana Collection

People like to touch a product, and the in-person experience cannot be replicated on a computer screen
March 18th, 2012 - 12:37 GMT

Consumer Corner: Turning the retail corner

STR Global data said Qatar's tourism sector was likely to see a near 70 percent growth in hotels
March 18th, 2012 - 12:12 GMT

Qatar: Biggest tourist magnet in Arab world

Al Bawaba
March 18th, 2012 - 12:02 GMT

Omanoil sponsors youth football tournament in association with the Ministry of Education

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