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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 risen for the seventh week in a row, the weekly price update shows.
January 16th, 2013 - 12:32 GMT

Fuel prices in Lebanon keep on rising

Qatar has said it will not allow Egypt to go bankrupt as the the country faces a currency crisis and a stalling economy
January 16th, 2013 - 12:08 GMT

Qatar insists it won't allow Egypt to go bankrupt

The Egyptian government received some LE11.2 billion ($1.7 billion) in revenue from the company operating the strike-hit Ain Sokhna  port
January 16th, 2013 - 09:25 GMT

Egypt earns $1.7 billion generated from Ain Sokhna port

Real estate sale in Lebanon plunged in 2012, newly released figures show
January 16th, 2013 - 08:23 GMT

Lebanon: Real estate sales plunge

Egypt has promised to invest 45 billion Egyptian pound in its railways to prevent further accidents
January 16th, 2013 - 07:36 GMT

Egypt pledges $7 billion to stop more rail disasters

A strike by gas station owners and delivery workers has been averted after  deal was struck to increase royalties
January 16th, 2013 - 06:55 GMT

Jordan: Strike by gas delivery workers averted

Egyptian stocks suffered on news of the rail disaster in which 19 people died
January 16th, 2013 - 04:00 GMT

Egyptian stocks suffer on rail crash

The Egyptian pound continued to slide again on  Tuesday, as former finance minister claims the currency controls are  "temporary"
January 15th, 2013 - 01:06 GMT

Egyptian pound slides again as former minister claims currency controls are temporary

Jordan's CPI rate of inflation increased by 4.8 per cent in 2012, new statistics show
January 15th, 2013 - 12:48 GMT

Inflation in Jordan continues to grow

Bahrain is set to spend $180 million in 2013 on basic food subsidies
January 15th, 2013 - 12:11 GMT

Bahrain food subsidies to cost $ 180 million

Tunisian PM Hamadi Jebali has urged Arab leaders to support Palestine financially during its "difficult financial stage"
January 15th, 2013 - 11:05 GMT

Tunisia presses other Arab leaders to support Palestine financially

Saudi Arabia is to build almost 13000 homes across the Kingdom, funded by loans  worth SR5 billion ($1.333 billion)
January 15th, 2013 - 10:39 GMT

Saudi Arabi to build almost 13000 new homes

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