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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, US to Bolster Bilateral Trade Ties (Shutterstock)
January 14th, 2019 - 08:49 GMT

Qatar, US to Bolster Bilateral Trade Ties

Dubai More Affordable Than 216 Cities (Shutterstock)
January 14th, 2019 - 08:26 GMT

Dubai More Affordable Than 216 Cities

Brent has bounced back above $60 a barrel and we retain our $70 a barrel forecast for 2019 (Shutterstock)
January 14th, 2019 - 08:16 GMT

Oil Price Average Projected at $70 This Year

The Industry, Commerce and Tourism Ministry received 1,130 VAT inquiries since January 1. (Shutterstock)
January 14th, 2019 - 07:52 GMT

Bahrain Commenced 2019 With More Than 1000 Inquiries About VAT

More Than 160 Percent Increase in Women's Salaries in Oman (Shutterstock)
January 14th, 2019 - 07:50 GMT

More Than 160 Percent Increase in Women's Salaries in Oman

UAE Stops Issuing 6-Month Visa for Job Seekers (Shutterstock)
January 14th, 2019 - 07:26 GMT

UAE Stops Issuing 6-Month Visa for Job Seekers

UAE, Oman, Saudi Arabia, Kuwait and Bahrain registered a drop in the number of Indian workers looking for opportunities. (Shutterstock)
January 13th, 2019 - 12:32 GMT

Number of Indian Workers in GCC Drops in 2018 Due to Nationalization Schemes

The UAE is among the fastest growing markets for UK services globally, with total services trade at GBP5.6 billion with the UAE, up 90 percent over the last decade. (Shutterstock)
January 13th, 2019 - 12:17 GMT

UK Eyes Fintech, Green Finance Opportunities in UAE

Professionals will also be able to sponsor their families during the licence's validity period. (Shutterstock)
January 13th, 2019 - 12:07 GMT

New 2-Year Visa Announced for Doctors in UAE

Significant number of scheduled flights will be impacted by the closure of DXB's Southern Runway. (File/Photo)
January 13th, 2019 - 11:55 GMT

Emirates to Cancel 25 Percent of Its Flights Due to Runway Closure

The only month where sales went slightly up was December, when a 4 per cent increase in sales brought in JD450 million for the sector. (Shutterstock)
January 13th, 2019 - 10:29 GMT

Jordan's Housing Sector Plummets 13 Percent in 2018

Kaeser believes Saudi Arabia will continue to be an attractive target for foreign investment. (Shutterstock)
January 13th, 2019 - 10:21 GMT

Siemens' CEO Warns Saudi Arabia About the Effects of Large-Scale Economic Change

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