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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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The Central Bank of Egypt is imposing yet more currency controls in an effort to stave of a crisis
December 30th, 2012 - 11:53 GMT

Egypt announces further procedures to stave off currency crisis

Iran is holding a large military exercise in the key oil trading route of the Strait of Hormuz
December 30th, 2012 - 11:30 GMT

Iran stages naval drills in key Strait of Hormuz oil route

Egypt's Prime Minister, Hisham Kandil, has said his country is not facing bankruptcy
December 30th, 2012 - 11:13 GMT

Egypt not facing bankruptcy, Prime Minister states

The Internet encyclopedia, Wikipedia, has revealed the list of most searched articles in 2012.
December 30th, 2012 - 09:32 GMT

Wikipedia reveals most searched articles of 2012

Jordan is expected to have a budget expenditure of JD7.4 billion in 2013, insiders claim
December 30th, 2012 - 08:06 GMT

Jordan: 2013 budget to be JD7.4 billion

Egypt has received a $500 million from Qatar and is awaiting another $500 million from Turkey
December 30th, 2012 - 07:57 GMT

Egypt gets Qatari aid, waiting for Turkey to deliver

Saudi Arabia has announced a record breaking $221 billion  budget for 2013
December 30th, 2012 - 04:00 GMT

Saudi Arabia announces record 2013 budget

The Central Bank of Egypt has warned that foreign reserve levels are at "critical" levels
December 30th, 2012 - 03:00 GMT

Egypt: Foreign reserves at "critical" levels

Egypt is facing further turmoil as the country faces a shortage  of dollars
December 27th, 2012 - 12:31 GMT

New economic crisis as Egypt hit by dollar shortage

Protests against Iraq's Prime Minister  Nuri Al Maliki have closed trade route to Jordan and Syria
December 27th, 2012 - 12:13 GMT

Anti-Maliki protest close trade routes

New figures show that Palestine's budget deficit stands at over $600 million
December 27th, 2012 - 11:58 GMT

Palestine: Budget deficit over $600 million

Public sector workers in Egypt will be paid on time, the Finance Minister has said
December 27th, 2012 - 11:50 GMT

Egypt: Public sector workers getting paid shows resilience of economy, claims minister

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