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BUSINESS

BUSINESS latest

Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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DP World and Arcapita’s Lintara Break Ground on 20,000 Sqm Logistics Centre in Jafza
June 30th, 2026 - 07:44 GMT

DP World and Arcapita’s Lintara Break Ground on 20,000 Sqm Logistics Centre in Jafza

Siemens and IFS partner to close the loop across the product lifecycle with Industrial AI
June 30th, 2026 - 07:44 GMT

Siemens and IFS partner to close the loop across the product lifecycle with Industrial AI

Cisco: 81% of UAE Organizations Expect AI to Push Network Capacity to Its Limits Within Three Years
June 30th, 2026 - 07:44 GMT

Cisco: 81% of UAE Organizations Expect AI to Push Network Capacity to Its Limits Within Three Years

Aster Al Raffah Walk Again Launches Second Robotic Rehabilitation Centre in Oman, Expanding Advanced Neuro-Rehab Access to Sohar
June 30th, 2026 - 07:44 GMT

Aster Al Raffah Walk Again Launches Second Robotic Rehabilitation Centre in Oman, Expanding Advanced Neuro-Rehab Access to Sohar

ADIB Wins “Rising Star Sukuk House of the Year” and “Islamic Project Finance House of the Year” at GBM Middle East Awards 2026
June 30th, 2026 - 05:14 GMT

ADIB Wins “Rising Star Sukuk House of the Year” and “Islamic Project Finance House of the Year” at GBM Middle East Awards 2026

Orange Jordan Continues Fostering Digital Positivity by Sponsoring Javier Saviola Challenge
June 30th, 2026 - 05:11 GMT

Orange Jordan Continues Fostering Digital Positivity by Sponsoring Javier Saviola Challenge

OMODA & JAECOO SHS Powers UAE Football Fans’ Summer Journeys with Performance, Comfort
June 30th, 2026 - 05:11 GMT

OMODA & JAECOO SHS Powers UAE Football Fans’ Summer Journeys with Performance, Comfort

Sharjah Islamic Bank Celebrates Its Golden Jubilee With the Third Edition of “Zoud”
June 30th, 2026 - 04:54 GMT

Sharjah Islamic Bank Celebrates Its Golden Jubilee With the Third Edition of “Zoud”

Lilly and Department of Health – Abu Dhabi Aim to Advance Management of Obesity and Alzheimer’s Disease Through Advanced AI and Clinical Excellence
June 30th, 2026 - 04:54 GMT

Lilly and Department of Health – Abu Dhabi Aim to Advance Management of Obesity and Alzheimer’s Disease Through Advanced AI and Clinical Excellence

Al Jalila Foundation receives AED 9 million donation from Easa Saleh Al Gurg Charity Foundation through The Hope Fund to renovate Ward 02 at Latifa Hospital
June 30th, 2026 - 04:38 GMT

Al Jalila Foundation receives AED 9 million donation from Easa Saleh Al Gurg Charity Foundation through The Hope Fund to renovate Ward 02 at Latifa Hospital

Burgan Bank Launches Customized Employee Packages for Frontliners’ Spouses During Times of Crisis
June 30th, 2026 - 04:38 GMT

Burgan Bank Launches Customized Employee Packages for Frontliners’ Spouses During Times of Crisis

Bank ABC Advances Sustainable Finance, Operational Resilience and Value Creation Through its Sustainability Strategy
June 30th, 2026 - 04:38 GMT

Bank ABC Advances Sustainable Finance, Operational Resilience and Value Creation Through its Sustainability Strategy

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