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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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Dubai’s upcoming auction includes world’s rarest racing cars
February 19th, 2024 - 12:45 GMT

Dubai’s upcoming auction includes world’s rarest racing cars

One Piece
February 19th, 2024 - 11:51 GMT

One Piece animator slams AI artist amid Luffy illustration

New anchor of Bloomberg’s prime time morning show Daybreak Middle East and Africa based in Dubai
February 19th, 2024 - 10:45 GMT

New anchor of Bloomberg’s prime time morning show Daybreak Middle East and Africa based in Dubai

Bahri Lays Cornerstone for Logistics Center at Jeddah Islamic Port
February 19th, 2024 - 10:43 GMT

Bahri Lays Cornerstone for Logistics Center at Jeddah Islamic Port

Investcorp Invests in Sponsor of JFK Airport Terminal 6 Redevelopment Project
February 19th, 2024 - 10:34 GMT

Investcorp Invests in Sponsor of JFK Airport Terminal 6 Redevelopment Project

Al-Futtaim Automotive Launches Its First Podcast Series –  ‘Let’s Talk Mobility’
February 19th, 2024 - 10:29 GMT

Al-Futtaim Automotive Launches Its First Podcast Series – ‘Let’s Talk Mobility’

Dubai Chambers meets with leading exporters to discuss key challenges and explore proposed solutions
February 19th, 2024 - 10:21 GMT

Dubai Chambers meets with leading exporters to discuss key challenges and explore proposed solutions

Yahsat sets the bar high for global connectivity as it unveils ‘Project SKY’, an ambitious Direct-2-Device (D2D) strategy
February 19th, 2024 - 10:18 GMT

Yahsat sets the bar high for global connectivity as it unveils ‘Project SKY’, an ambitious Direct-2-Device (D2D) strategy

Muscat to drastically change with $1.3b investment
February 19th, 2024 - 10:12 GMT

Muscat to drastically change with $1.3b investment

Visa, Checkout.com and Stake launch innovative cross-border funding solution for real estate investment in UAE
February 19th, 2024 - 10:12 GMT

Visa, Checkout.com and Stake launch innovative cross-border funding solution for real estate investment in UAE

Network Infrastructure Was a Prime Target for Cyber Threats in 2023
February 19th, 2024 - 09:57 GMT

Network Infrastructure Was a Prime Target for Cyber Threats in 2023

UAE Innovates 2024: Federal Tax Authority signs agreement with 01GOV Platform to expand use of its Tax 10 platform
February 19th, 2024 - 09:45 GMT

UAE Innovates 2024: Federal Tax Authority signs agreement with 01GOV Platform to expand use of its Tax 10 platform

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