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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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Exports declined to USD2.33 billion in January from USD2.43 billion a year ago.
April 14th, 2019 - 08:33 GMT

Egypt Witnesses Drop in Exports Due to Relapse in Oil Exports

Libya’s oil sector is facing the biggest threat since Gaddafi’s overthrow.
April 14th, 2019 - 08:28 GMT

Oil Exports Face Biggest Threats in Libya Due to Tripoli Battles

Domestic gasoline prices are subject to change, rising and falling due to changes in export prices from the Kingdom to global markets.
April 14th, 2019 - 07:45 GMT

Saudi Arabia Revises Gasoline Prices Due to Changes in Export Prices

Aoun’s comments came during talks at Baabda Palace with a U.S. congressional delegation.
April 14th, 2019 - 07:35 GMT

Lebanon Invites US Firms to Bid in New Round of Oil,Gas Exploration

The original Bilateral Currency Swap Agreement was signed in October 2013 at a value of $5.4 billion.
April 14th, 2019 - 07:19 GMT

UAE, South Korea Renew $5.4 Billion Currency Swap Agreement

There are rumours that some M&As in insurance industry are in the pipeline.
April 14th, 2019 - 06:57 GMT

Insurance Sector Projected to Witness Majors Mergers in GCC Soon

Dubai and Abu Dhabi are ranked second and ninth in terms of highest average rental returns.
April 14th, 2019 - 06:47 GMT

UAE Properties Offer One of Best Returns Worldwide

Workforce in Bahrain are likely the happiest when it comes to paid leaves.
April 13th, 2019 - 09:29 GMT

Bahrain Provides Most Number of Leave Days Globally for Expats

Fintech has been recognised as a primary tool for achieving long-term development goals for the financial sector.
April 13th, 2019 - 09:09 GMT

Qatar Recognizes Fintech as Key Tool for Achieving Development Goals

The Securities and Exchange Commission also charged Naqvi and Abraaj’s asset management arm with misappropriating money from its heathcare fund.
April 13th, 2019 - 08:41 GMT

UAE Abraaj Executive Arrested on US Fraud Charges

The number of Saudis seeking work reached 970,229 during the fourth quarter of 2018
April 11th, 2019 - 12:04 GMT

Almost 14,000 Saudis Secure Jobs in March Due to Saudization Efforts

Growth is also being undercut in less direct ways.
April 11th, 2019 - 11:54 GMT

Will the Western Economies Fall Into the 'Japanification' Trap?

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