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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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Egypt's budget deficit is on the rise
December 24th, 2012 - 08:40 GMT

Egypt's budget deficit on the rise

Hotel occupancy in Lebanon's hotel has more than halved in the first ten months of 2012
December 24th, 2012 - 08:11 GMT

No festive cheer for Lebanon's hotels

Iran is playing a "smart economic" warn, Iranian President Mahmoud Ahmadinejad has claimed
December 24th, 2012 - 07:51 GMT

Ahmadinejad: Iran playing "smart economic war"

Bahrain is gearing up to hold a GCC summit which discuss closer economic ties and the Syrian conflict
December 24th, 2012 - 07:43 GMT

Bahrain set to hold GCC summit

The head of Egypt's Central Bank has denied resigning
December 24th, 2012 - 03:00 GMT

Egypt: Central Bank boss denies resigning

Political instability in the MENA region will be one of the key determinants of oil prices in 2013, Barclays say
December 23rd, 2012 - 12:40 GMT

Iraq and Syria key to 2013 oil price

The UAE is urging its citizens to avoid travel to Lebanon
December 23rd, 2012 - 11:39 GMT

UAE warns against travel to Lebanon

Samsung and Apple are slogging it out in the courts over patent disputes
December 23rd, 2012 - 10:35 GMT

The Samsung Vs Apple debacle rumbles on

Germany is to offer Lebanon financial aid for Syrian refugees
December 23rd, 2012 - 09:45 GMT

Germany donates $14 million to Lebanon for Syrian refugees

Oil output in Iraq wil reach 3.2 million barrels a day in December
December 23rd, 2012 - 08:07 GMT

Record breaking month for Iraqi oil industry

Bahrain is set to review fuel subsidies, which are expected to cost the government  almost BD1 billion ($2.637 billion) a year
December 23rd, 2012 - 07:23 GMT

Government review ordered as Bahrain's fuel subsidy bill to hit $2.6 billion

There is confusion as to wether or not the head of  Egypt's central bank has resigned
December 23rd, 2012 - 06:53 GMT

Confusion over Egypt's central bank chief's resignation

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