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Main headlines

Main headlines latest

Elon Musk
December 20th, 2025 - 10:18 GMT
Osama Ali

Osama Ali

Court restores Musk's $56B Payday, overturning blocked compensation deal

ALBAWABA - The Delaware Supreme Court's decision on Friday dramatically altered the course of the legal dispute surrounding Elon Musk's unprecedented compensation. The court reinstated a $56 billion pay award for the Tesla CEO, overturning previous rulings that had deemed it invalid. The ruling reverses two 2024 decisions made by Chancellor Kathaleen McCormick of the Delaware Court of Chancery. Those earlier judgments had deemed Musk's 2018 compensation plan excessive and ...
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Dubai FDI targets to attract, grow and retain foreign direct investment.
January 30th, 2013 - 09:41 GMT

Dubai FDI partners with Musthafa & Almana to enhance outreach in India

The resignation comes amid a management shake-up aimed at improving the company’s performance.
January 30th, 2013 - 09:33 GMT

Saudi’s National Commercial Bank CEO resigns

Marwan Hayek, CEO of Alfa. (Image courtesy of Alfa)
January 30th, 2013 - 09:09 GMT

Lebanon extends Alfa, touch contracts

Jordan is set to sell bonds for the first time in two years.
January 30th, 2013 - 09:02 GMT

As foreign aid halved, Jordan looks to bond market for rescue

Mehr news reported on Tuesday that BP had been dumping byproducts in the sea.
January 30th, 2013 - 08:44 GMT

Iran threatens to sue BP over Azeri spill

A rising energy bill does not bode well for the Kingdom, which has seen protests over fuel price increases in recent months.
January 30th, 2013 - 08:13 GMT

Fuel for the fire? Jordan's energy bill rises by a quarter since last year

The main EGX30 index fell 2.01 per cent to sit at 5,495 points. Its gains since the beginning of the year dropped to just 0.6 per cent.
January 30th, 2013 - 05:29 GMT

Exodus of foreign investors drives Egypt stocks down

World tourist numbers cross the one billion mark for the first time, according the a United Nations agency
January 29th, 2013 - 12:58 GMT

World tourist number break records

Qatar is set to is set to issue riyal denominated government bonds, according to Reuters
January 29th, 2013 - 12:33 GMT

Qatar set to issue local currency bonds

Foreigners in dubai will be able to set up businesses without local help, providing they have liquid capital behind them
January 29th, 2013 - 12:14 GMT

Foreign investors can set up shop in Dubai without local help

Libya and Tunisia have agreed to set up a joint shipping lane between the two nations
January 29th, 2013 - 11:32 GMT

Libya and Tunisia to start shipping joint shipping lane

Enforcing copyright laws will boost Lebanon's economy, according to a government minister
January 29th, 2013 - 11:14 GMT

Lebanon's economy minister urges copyright enforcement

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