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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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A German company faces fines in the US after allegedly breaking sanctions against Iran
January 10th, 2013 - 01:08 GMT

German company faces $340 million fine over Iran sanctions

The Egyptian pound continues to slide despite aid from Qatar
January 10th, 2013 - 12:39 GMT

Egypt pound sliding on ice despite Qatari aid

Turkey and Libya could increase energy ties, despite problems with Libyan output
January 10th, 2013 - 11:51 GMT

Turkey set to increase energy deals with Libya

Workers at the Central Bank of Yemen are on strike over wage reforms
January 10th, 2013 - 11:36 GMT

Central Bank of Yemen employees strike

Inflation in Egypt accelerated to 4.7 per cent, in more worrying news for the Central Bank.
January 10th, 2013 - 11:22 GMT

Inflation in Egypt keeps on growing

Transportation workers in the West Bank held a one day strike yesterday
January 10th, 2013 - 09:47 GMT

Public transport workers hold wild-cat strikes in West Bank

A strike by electrical workers in Lebanon coupled with poor weather is causing more blackouts than usual
January 10th, 2013 - 09:23 GMT

Levant storm and Liban strike: Lebanon sinking into darknes

Jordan's next government will tackle the difficult issue of raising the cost of electricity
January 10th, 2013 - 08:48 GMT

Next government to decide electricity prices in Jordan

Former Egyptian PM has urged the government to reduce spending instead of asking citizens to tighten their belts
January 10th, 2013 - 08:42 GMT

Egypt: Former PM demands cuts to expenditure

Report suggest that Iran is planning on building a new gas plant at the cost of $1.6 billion
January 10th, 2013 - 04:00 GMT

Iran: Reports of plans to construct new gas refinery

Strike action by electrical workers in Lebanon  could further exacerbate weather related power cuts
January 9th, 2013 - 12:42 GMT

Strike by electricity workers in Lebanon compounds weather problems

Bahrain's state-backed oil company reached a new milestone in oil production
January 9th, 2013 - 12:20 GMT

Bahrain in record oil production

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