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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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Lebanon's budget deficit soared to almost 20 per cent of spending, in the first eight months of 2012
December 23rd, 2012 - 06:42 GMT

Lebanon's budget deficit soars

Tunisia is to auction former  President Ben Ali's fortune to raise money for the government
December 23rd, 2012 - 03:00 GMT

More of Ben Ali's swag on sale in Tunisia

The governor of the Central Bank of Egypt (CBE), Farouq El-Oqda, has resigned
December 22nd, 2012 - 06:52 GMT

Egypt: Central Bank boss resigns

Trade between GCC nations in 2011 reached a record of $85 billion
December 20th, 2012 - 01:09 GMT

Inter-GCC trade at record high

Countries in the Maghreb area of North Africa are set for closer cooperation
December 20th, 2012 - 11:55 GMT

EU supports integration process in Maghreb

HSBC has been fined after laundering money for Syria and Iran
December 20th, 2012 - 11:45 GMT

HSBC fined over Syrian and Iranian money laundering

Jordan and Iraq are to discuss the construction of new oil and gas pipes next week
December 20th, 2012 - 09:51 GMT

Iraq to discuss new oil pipelines with Jordan

Apple's reintroduction of Google maps to iOS6 has boosted the numbers using the new system
December 20th, 2012 - 09:18 GMT

Google helps Apple fans get iOS6

Saudi Arabia has signed new contracts to boost energy and water production in the Kingdom
December 20th, 2012 - 08:44 GMT

Saudi Arabia signs new water and power contracts

The Palestinian Authority is to borrow money from local banks to pay wages as a general strike enters the second day
December 20th, 2012 - 08:06 GMT

Palestine: General strike enters second day, PA to borrow from banks to pay wages

Trade between China and Bahrain  hit $1.2 billion in the first nine months of 2012
December 20th, 2012 - 06:56 GMT

Bahrain-China trade $1.2bn in nine months

The Egyptian government has said it will review prices 'Mazut' prices
December 20th, 2012 - 06:01 GMT

Egypt: Government to revise 'Mazut' price

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