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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 UAE currently has a visa amnesty for illegal or undocumented workers
December 26th, 2012 - 10:09 GMT

UAE: Warning over visa amnesty

Gas prices in Lebanon are continuing an upwards trend
December 26th, 2012 - 09:59 GMT

Lebanon: Gas prices rise

Egypt's President is increasing controls on foreign currency
December 26th, 2012 - 09:46 GMT

Egypt: Morsi tightens foreign currency controls

Jordan has one million illegal guest workers
December 26th, 2012 - 09:20 GMT

Jordan: One million guest workers and counting

Christmas 2012 has gone all digital
December 25th, 2012 - 06:00 GMT

Digital Christmas: Santa gets kids iPods and iPads

New taxes in Egypt were not at the behest of the IMF, the finance minister claims
December 25th, 2012 - 04:00 GMT

New Egyptian tax policies not at IMF behest, finance minister claims

Ratings agency Standard and Poors’ has downgraded Egypt’s long-term credit rating.
December 24th, 2012 - 12:27 GMT

Egypt: Credit rating downgraded as political turmoil hits economy

The European Union is to help pay for public sector wages in Palestine after Israel withheld tax recipts
December 24th, 2012 - 11:58 GMT

Palestine: EU to help pay November salaries

Iran claims it has managed to bypass Western sanctions on its oil industry
December 24th, 2012 - 11:27 GMT

Iran claims to have bypassed sanctions

After a series of strikes across Lebanon, the Cabinet is set to reconsider a proposed salary scheme
December 24th, 2012 - 11:06 GMT

Lebanon: Cabinet to discuss public sector pay rises

Egypt is to increase the cost of fuel, the Minister of Petroleum and Mineral resources has announced.
December 24th, 2012 - 10:43 GMT

Egypt to raise fuel prices

The Yemeni government has approved a budget of over YR 2 trillion
December 24th, 2012 - 10:03 GMT

Yemen approves 2013 budget

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