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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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Consumers account for 56pc of the amount of electricity consumed, followed by commercial use at 28pc and industry at 15pc, with the remaining used by the agriculture sector
March 14th, 2012 - 09:10 GMT

Bahrain: Better use of energy urged

Audi A8 L
March 14th, 2012 - 08:35 GMT

Audi Middle East’s record sales figures continue into February

Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME
March 14th, 2012 - 08:28 GMT

Dubai SME trains entrepreneurs on efficient use of social media

Al Bawaba
March 14th, 2012 - 08:24 GMT

Hyatt transforms in-room television into connected, interactive entertainment and concierge service

Abu Dhabi Education Council
March 14th, 2012 - 08:15 GMT

Abu Dhabi Educational Council to transform IT infrastructure - consolidates IT and standardizes on EMC technologies

Al Bawaba
March 14th, 2012 - 08:14 GMT

Majid Al Futtaim Ventures hosts employee blood drive

Al Bawaba
March 14th, 2012 - 08:07 GMT

Cloud interaction leads families into the digital era

UAE has restructured $25bn worth of debt in its flagship Dubai World conglomerate. A sovereign bond issue was expected to help the government fund its infrastructure projects
March 14th, 2012 - 08:05 GMT

No UAE bonds for two years

Oil-importing companies and owners of oil trucks will also join the strike to press the government to increase the surcharge because the current prices of gasoline are eroding their profits
March 14th, 2012 - 07:59 GMT

Lebanon: Oil importers and gas stations to observe a strike this Thursday

Al Bawaba
March 14th, 2012 - 07:52 GMT

Men urged to take initiative for early detection of prostate cancer

Etihad Airways
March 14th, 2012 - 07:42 GMT

Berlin – Etihad Airways’ new German headquarters

Al Bawaba
March 14th, 2012 - 07:36 GMT

Nationally-acclaimed writer & poet Habeeb Al Sayegh reads selection of his works at 13th ALHOSN University Reading Club Forum

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