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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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Qatar’s consumer price index (CPI) decreased by 0.3 percent year-on-year
March 1st, 2019 - 07:20 GMT

Qatar's Consumer Price Index Drops 0.3 Percent in Q4 of 2018

 The average monthly salary of expatriates in the Gulf countries was $ 8,083, down 26% from the previous year. (Shutterstock)
February 28th, 2019 - 10:42 GMT

Average Expatriate Workforce in the Gulf Countries Is Declining

This will strengthen the UAE's position as a reliable supplier of crude oil. (Shutterstock)
February 28th, 2019 - 10:40 GMT

UAE to Build World's Largest Crude Oil Storage Facility in Fujairah

May to Announce $250-Million World Bank Loan to Jordan. (Shutterstock)
February 28th, 2019 - 08:22 GMT

May to Announce $250-Million World Bank Loan to Jordan

Jordan Flashes Its Investment Hub Placards in London. (Shutterstock)
February 28th, 2019 - 08:12 GMT

Jordan Flashes Its Investment Hub Placards in London

The value of Qatari exports to Jordan reached Jordanian Dinars (JD) 82.7 million in 2018. (Shutterstock)
February 28th, 2019 - 08:05 GMT

Qatari exports to Jordan reaches JD 82.7 mn in 2018

Roughly 15,000 state employees may have been hired illegally. (Shutterstock)
February 28th, 2019 - 07:47 GMT

Lebanon Investigates 15,000 Illegal State Hires

Lebanon’s domestic bank deposits are forecast to grow by a “conservative” $7 billion to $8 billion in 2019. (Shutterstock)
February 28th, 2019 - 07:29 GMT

Lebanese Domestic Bank Deposits to Grow by $8 Billion Thanks to Government Formation

Saudi Auto Services Market Eyeing a 6 Percent Growth for the Next 5 Years. (Shutterstock)
February 28th, 2019 - 07:00 GMT

Saudi Auto Services Market Eyeing a 6 Percent Growth for the Next 5 Years

UAE Grounds All Flights to Pakistan Citing Security Concerns. (Shutterstock)
February 28th, 2019 - 06:54 GMT

UAE Grounds All Flights to Pakistan Citing Security Concerns

More than 2 million women are now using Absher, the “one-click” app. (File/Photo)
February 28th, 2019 - 06:45 GMT

Despite Global Backlash, Absher App Female Users Soar

Saudi's Digital Economy to Add $2 Billion Annually by 2030. (Shutterstock)
February 28th, 2019 - 06:29 GMT

Saudi's Digital Economy to Add $2 Billion Annually by 2030

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