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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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Ratings agency Fitch has praised Egypt's currency control regime
January 6th, 2013 - 03:00 GMT

Ratings agency Fitch praise Egypt's currency actions

Egyptian gas supplies to Jordan have returned to "normal levels", according to energy officials
January 6th, 2013 - 02:00 GMT

Egypt's gas supplies to Jordan back to "normal levels"

The Egyptian pound slipped again on Thursday during the Central Bank of Egypt's currency auction
January 3rd, 2013 - 12:34 GMT

Egyptian pound slips again, but at slower pace

Oman's GDP grew by 8.3 per cent in 2012, faster than the seven per cent target
January 3rd, 2013 - 12:10 GMT

Oman's GDP grew by 8.3 per cent in 2012

The Arab Fund for Economic and Social Development has signed deal with Sudan to help finance new projects
January 3rd, 2013 - 11:55 GMT

Arab Fund for Development and Sudan sign loan agreement

The value of trade between Iran and Turkey surpassed $20.8 billion in the first 11 months of 2012, new statistics show
January 3rd, 2013 - 11:41 GMT

Turkey-Iran trade tops $20 billion

The UK has assumed the role of the G8 group of nations and has said that more needs to be done to support Egypt
January 3rd, 2013 - 10:57 GMT

UK pledges more support for Egypt in new role as head of G8

 Qatar-based television station Al-Jazeera has acquired Current TV,the channel founded by former US president Al Gore
January 3rd, 2013 - 09:29 GMT

Al Jazeera snaps up Current TV to gain foothold in US market

Members of the Islamic Research Academy, has said Egypt's new sukuk plans are non-compliant with Sharia law
January 3rd, 2013 - 08:46 GMT

Egypt's new sukuk declared non-compliant with Sharia

The UAE has become Japan's main economic partner in the region, according to a new report
January 3rd, 2013 - 08:34 GMT

UAE-Japan trade keeps on growing

The stock market in Cairo responded well to new currency controls
January 3rd, 2013 - 04:00 GMT

Egypt's stocks respond well to currency controls

After discovering Israeli goods in a store in Lebanon, Spinneys has reaffirmed its commitment to trade embargoes
January 3rd, 2013 - 03:00 GMT

Spinneys reaffirms goods ban after Israeli products found in Lebanon

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