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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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Gas prices in Lebanon have continued to rise, the eighth consecutive weekly increase
January 23rd, 2013 - 10:18 GMT

Gas prices rise for eighth week

Bahrain's government has announced that it will build 30,000 new government homes
January 23rd, 2013 - 10:01 GMT

Bahrain to build 30,000 new government homes

Saudi Arabia says it can maintain current spending levels after a record 2013 budget is planned
January 23rd, 2013 - 06:54 GMT

Saudi Arabia says it can maintain budget spending

Vodafone Egypt's decision to increase the cost of prepaid cards has angered users in the country
January 23rd, 2013 - 06:34 GMT

Vodafone Egypt's price rise angers customers

Lebanon's telecoms ministers, Nicolas Sehnaoui, denies claims from an MP that he embezzled state funds.
January 23rd, 2013 - 06:00 GMT

Lebanon's telecoms minister denies corruption charges

Jordan and the UAE signed an agreement regulating a loan, which is part of a $5 billion GCC financial aid package
January 23rd, 2013 - 05:52 GMT

Jordan and the UAE sign framework on $1.25 billion

Egyptian stocks were uneven yesterday ahead of a period of political uncertainty
January 23rd, 2013 - 04:00 GMT

Egyptian stocks uneven ahead of anti-government rally

Rental prices in Dubai are continuing to grow but but at a slower rate, according to new research
January 22nd, 2013 - 12:49 GMT

Rents in Dubai to be as high as the Burj Khalifa

Etihad looks set to finalize a deal to takeover India's Jet Airways
January 22nd, 2013 - 12:15 GMT

Eithad looks set to seal the deal with India's Jet Airways

The Central Bank of Egypt is to allow banks to refinance imports by providing temporary foreign currency facilities
January 22nd, 2013 - 11:54 GMT

Egypt's Central Bank to allow foreign currency facilities for importers

Rakbank is set to launch new Islamic finance products
January 22nd, 2013 - 11:02 GMT

Islamic finance industry growing as Rakbank launches more products

The Amman Criminal Court has heard evidence in relation to the case against former chairman of the Jordan Phosphate Mines Company (JPMC) Walid Kurdi.
January 22nd, 2013 - 10:28 GMT

Phosphate corruption case continues in Jordan

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