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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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Al Bawaba
March 18th, 2012 - 09:35 GMT

Dubai Chamber delegation explores new areas of cooperation with Belgian chambers

Iran has largely been frozen out of the global banking system by US sanctions since last year
March 18th, 2012 - 09:34 GMT

UAE: No transactions with Iranian currency

Al Bawaba
March 18th, 2012 - 09:18 GMT

NCB Capital expects continued growth in Saudi banking sector

Barrak Al-Usaimi, Senior Vice President, International Investment Tharwa Investment Company
March 18th, 2012 - 09:09 GMT

Tharwa World Fund achieve positive performance

Al Ansari Exchange
March 18th, 2012 - 08:55 GMT

Al Ansari Exchange partners with Islamic Finance House to offer more convenient, cost-effective labour guarantee services

Akhtaboot & Olympic Group
March 18th, 2012 - 08:48 GMT

Akhtaboot to power Olympic Group’s recruitment in Egypt

Etihad Airways
March 18th, 2012 - 08:44 GMT

Etihad Airways signs loyalty deal with cruise specialist Century Travel

Al Bawaba
March 18th, 2012 - 08:39 GMT

GCC Road Safety Week delegation visits HMC’s Trauma Section

Al Bawaba
March 18th, 2012 - 08:28 GMT

HP powers application performance testing in the cloud

Al Bawaba
March 18th, 2012 - 08:26 GMT

LG aiming for home appliance leadership with double digit sales growth in 2012

Al Bawaba
March 18th, 2012 - 08:16 GMT

CI affirms NBK’s ratings with Stable Outlook

The cash is needed to help to bolster confidence in the economy and shore up the government's increasingly shaky finances
March 18th, 2012 - 08:13 GMT

Talks with IMF set on $3.2 billion loan for Egypt

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