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 Elon Musk's trillion-dollar tesla deal sparks outrage and awe across the internet
November 9th, 2025 - 06:40 GMT
Osama Ali

Osama Ali

Elon Musk's trillion-dollar tesla deal sparks outrage and awe across the internet

ALBAWABA - Tesla shareholders' choice to give Elon Musk a trillion-dollar compensation package has sparked a lot of heated discussion on social media. Critics and supporters are arguing over whether such a huge payout is fair or even right. At Tesla's annual meeting in Austin, Texas, almost three-quarters of shareholders voted to give Musk the record-breaking deal. The CEO, who is already the richest person in the world with an ...
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Noor Bank is aware of Dubai Islamic Bank's announcement that it intends to explore a possible acquisition of the bank.
May 5th, 2019 - 06:12 GMT

Will We Witness Another Bank Merger in UAE Soon?

The infrastructure spending in preparation for Expo 2020 Dubai also serves as a catalyst, boosting investor confidence.
May 5th, 2019 - 05:51 GMT

UAE Construction Growth to Continue Post Expo 2020

In a bid to reduce Iran's oil exports to zero, buyers of Iranian oil must stop purchases by May 1 or face sanctions.
May 5th, 2019 - 05:12 GMT

Iran Ridicules Effect of US Sanctions

The Gulf is a major buyer of US arms – Congress has approved $120 billion of sales since 2009 to Saudi Arabia alone.
May 5th, 2019 - 04:56 GMT

US Approves $6 Billion in Weapons Sales to Bahrain, UAE

Bonds-held-to-maturity came second and valued Dh89.7 billion by the end of Q1
May 5th, 2019 - 04:43 GMT

UAE Banks' Investment up by 10.5 Percent to Dh367.8 Billion

The US will also revoke two waivers that allowed Iran to ship its excess heavy water for storage and swap its enriched uranium for natural uranium
May 4th, 2019 - 07:50 GMT

While Tightening His Grip on Oil, Trump Extends Nuclear Waivers for Iran

Companies will have to fundamentally rethink their cost structure and find ways to keep prices low and extract enough value from their current business to finance new initiatives
May 3rd, 2019 - 10:01 GMT

Report: 5 Main Shifts in Consumer Behavior in the Middle East

Egypt targets to gradually raise economic growth rate to 8 percent
May 3rd, 2019 - 09:29 GMT

Egypt Aims to Provide 900,000 Jobs Annually

World Bank President David Malpass and Egypt's Minister of Investment and International Cooperation Sahar Nasr
May 3rd, 2019 - 09:00 GMT

Egyptian SMEs Receive World Bank $200 Million Support Fund

Bahrain’s Foreign Minister, Sheikh Khalid bin Ahmed Al Khalifa
May 3rd, 2019 - 09:52 GMT

Bahrain Will Not Allow Iran to Close the Strait of Hormuz

The Middle East region saw a recovery in jewellery demand
May 3rd, 2019 - 09:45 GMT

Global Gold Demand Soars 7 Percent Due to Investors, Central Banks Support

73 per cent users in the 18-34 year-old demographic felt an emotional connection with Facebook.
May 3rd, 2019 - 09:25 GMT

These Are the Most Popular Apps in UAE

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