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Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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WMO, IATA Team up to Improve Aircraft Meteorological Reporting
October 28th, 2020 - 12:30 GMT

WMO, IATA Team up to Improve Aircraft Meteorological Reporting

Saudi Arabia to Abolish 'Kafala' Sponsorship System
October 28th, 2020 - 12:00 GMT

Saudi Arabia to Abolish 'Kafala' Sponsorship System

UAE banks Raise Non-Residents' Provided Credit to $4.7 Billion
October 28th, 2020 - 11:30 GMT

UAE banks Raise Non-Residents' Provided Credit to $4.7 Billion

IATA: Airlines Cannot Slash Costs Enough to Save Jobs
October 28th, 2020 - 11:00 GMT

IATA: Airlines Cannot Slash Costs Enough to Save Jobs

Boeing to Boost Canadian Economy with $46 Billion, 250,000 Jobs
October 28th, 2020 - 10:30 GMT

Boeing to Boost Canadian Economy with $46 Billion, 250,000 Jobs

China Closer to Issue world's first National Digital Currency
October 28th, 2020 - 09:30 GMT

China Closer to Issue World's First National Digital Currency

IMF: Technology can Cushion Covid-19 Blow in MENA
October 28th, 2020 - 09:00 GMT

IMF: Technology can Cushion Covid-19 Blow in MENA

IATA: Airline Profits to Nearly Halve in 2021 from 2019 Levels
October 28th, 2020 - 08:00 GMT

IATA: Airline Profits to Nearly Halve in 2021 from 2019 Levels

Turkey: Tourism Sector Aims to Expand in Alternative Markets
October 28th, 2020 - 07:30 GMT

Turkey: Tourism Sector Aims to Expand in Alternative Markets

The Battle for Streaming: YouTube Vs Netflix
October 28th, 2020 - 07:00 GMT

The Battle for Streaming: YouTube Vs Netflix

Dubai Announces New Coronavirus Test Requirements for Entry
October 28th, 2020 - 06:30 GMT

Dubai Announces New Coronavirus Test Requirements for Entry

Hong Kong, Beijing Leaders Meet to Discuss Economy Reviving Plans
October 28th, 2020 - 06:00 GMT

Hong Kong, Beijing Leaders Meet to Discuss Economy Reviving Plans

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