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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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Oman's Sultan, Qaboos Bin Saeed, has urged citizens to end the practice of 'proxy trade'
January 29th, 2013 - 08:49 GMT

Proxy trade harms Oman’s economy - Sultan

Iraq's semi-autonomous region is considering boosting economic ties  with Lebanon’s second-biggest city Tripoli.
January 29th, 2013 - 08:18 GMT

Iraqi Kurdistan considers boosting ties with Tripoli, Lebanon

Migrant construction workers in  Saudi Arabia have taken industrial action over unpaid wages, according to a well placed source
January 29th, 2013 - 07:42 GMT

Migrant workers take industrial action in Saudi Arabia

Jordan's main energy supply from Egypt has been disrupted again, causing a dramatic reduction in gas supplies
January 29th, 2013 - 06:57 GMT

Egypt's gas supply to Jordan drops

Clashes in several governorates caused the Egyptian stock market to tumble yesterday
January 29th, 2013 - 03:00 GMT

Clashes in Egypt continue to hurt stock market

Iran is to halt oil and gas export to Europe, a spokesman for the Iranian Oil Ministry said.
January 28th, 2013 - 01:34 GMT

Iran halts oil and gas exports to Europe

Lebanon's Byblos Bank posted a 5.9 per cent drop in profits
January 28th, 2013 - 01:07 GMT

Lebanon's Byblos Bank posts 5.9 per cent drop

Libya has announced its gasoline suppliers for 2013 as the country lacks sufficient refining capacities
January 28th, 2013 - 12:46 GMT

Libya choses gasoline supplies

Kuwait and Iraq have signed an oil exploration deal for the 'Block 9' area of Basra
January 28th, 2013 - 12:17 GMT

Kuwait and Iraq ink Basra oil deal

Egypt's deputy finance minister has said that new income tax brackets will not be over 25 per cent
January 28th, 2013 - 11:48 GMT

Egypt's new income tax will not be above 25 per cent - deputy minister

Lebanon has launched a new E-portal to help job-seekers find employment
January 28th, 2013 - 11:01 GMT

Lebanon launches employment E-portal

Egypt's Shura Council has approved the appointment of Hisham Ramez as the new governor of the Central Bank
January 28th, 2013 - 10:01 GMT

Egypt approves new Central Bank governor

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