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BUSINESS

BUSINESS latest

Musk leveraged SpaceX loans to support Tesla, SolarCity
April 25th, 2026 - 09:10 GMT
Osama Ali

Osama Ali

Musk leveraged SpaceX loans to support Tesla, SolarCity

ALBAWABA - The New York Times' research has shown how Elon Musk uses SpaceX as a primary source of funding to sustain his personal liquidity as well as other businesses in his portfolio. The study claims that Musk obtained large loans from SpaceX, starting with $100 million in 2018 and growing to over $500 million over the next years. These loans were secured by his firm shares and had interest ...
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India’s new $100B trade pact with 4 European countries set to provide millions of jobs
March 10th, 2024 - 11:10 GMT

India’s new $100B trade pact with EFTA set to provide millions of jobs

Saudi Aramco reports second-highest net income in 2023 at $121.3B
March 10th, 2024 - 09:45 GMT

Saudi Aramco reports second-highest net income in 2023 at $121.3B

The FTA Approves 27,330 Refund Requests Totalling AED 2.02 Billion for UAE Nationals Building New Residences Until 2023
March 10th, 2024 - 08:52 GMT

The FTA Approves 27,330 Refund Requests Totalling AED 2.02 Billion for UAE Nationals Building New Residences Until 2023

Google fires engineer who spoke up for Palestine during tech conference
March 10th, 2024 - 08:51 GMT

Google fires engineer who spoke up for Palestine during tech conference

Orange Jordan Reaffirms Importance of Effective Partnerships in Delivering SDGs
March 10th, 2024 - 08:38 GMT

Orange Jordan Reaffirms Importance of Effective Partnerships in Delivering SDGs

The FTA Approves 27,330 Refund Requests Totalling AED 2.02 Billion for UAE Nationals Building New Residences Until 2023
March 10th, 2024 - 08:25 GMT

The FTA Approves 27,330 Refund Requests Totalling AED 2.02 Billion for UAE Nationals Building New Residences Until 2023

Dubai Free Zones Council Discusses Free Zones Model 2030
March 10th, 2024 - 08:18 GMT

Dubai Free Zones Council Discusses Free Zones Model 2030

GFH Acts as ‘JLM’ and Bookrunner for Arabian Centers Company (Cenomi Centers) US$500 Million 5-Year Sukuk
March 10th, 2024 - 07:54 GMT

GFH Acts as ‘JLM’ and Bookrunner for Arabian Centers Company (Cenomi Centers) US$500 Million 5-Year Sukuk

Airbus unveils latest electric vertical takeoff and landing aircraft
March 10th, 2024 - 07:37 GMT

Plane without noise! Airbus unveils latest electric vertical aircraft

WCM-Q researchers earn full membership at Sigma Xi Honor Society
March 10th, 2024 - 07:14 GMT

WCM-Q researchers earn full membership at Sigma Xi Honor Society

Women returning to the workforce after a career break could contribute US$385 billion to MENA region, highlights latest PwC Middle East survey
March 10th, 2024 - 07:10 GMT

Women returning to the workforce after a career break could contribute US$385 billion to MENA region, highlights latest PwC Middle East survey

Samsung Receives 75 Accolades at iF Design Awards 2024
March 10th, 2024 - 06:52 GMT

Samsung Receives 75 Accolades at iF Design Awards 2024

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