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BUSINESS

BUSINESS latest

Mark Zuckerberg in U.S. Capitol Hill
July 8th, 2026 - 12:01 GMT
P. Choiaqo

P. Choiaqo

Meta sued for $1.4 trillion for addicting young users

ALBAWABA - Four states in the U.S. are suing Meta for $1.4 trillion - 93 percent of the company’s value - for allegedly purposefully designing its Facebook and Instagram platforms to addict young users. The enormous figure was revealed by Meta during court filings as the trial is set to begin in August in California, which is one of the four states suing Meta, alongside Colorado, Kentucky and New Jersey ...
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Mijbil Alayoub, Senior Director of Corporate Communications at Ooredoo Kuwait
October 27th, 2016 - 03:40 GMT

Ooredoo sponsors Youth Initiative Award

Since 2008, Berytech Fund has invested in 15 ventures focusing on technology companies in Lebanon with proven commercial viability. (Berytech.org)
October 26th, 2016 - 12:00 GMT

Lebanese venture capitalist fund cashes in on three start-ups

Changi Airport International has been contracted to run King Fahd International Airport for the last eight years. (Shutterstock)
October 26th, 2016 - 11:00 GMT

Singapore's SATS Ltd to build $29M cargo facility at Saudi's King Fahd International AIrport

The UAE is eagerly awaiting suggestions on best practice and the ideal regulatory framework that would allow its mining industry to grow and thrive even in difficult times. (Shutterstock)
October 26th, 2016 - 10:00 GMT

UAE to revise mining laws in push to develop non-oil economy

All the trees are native or near native hardwood and all of them are resistant to the climatic conditions of the country. (Supplied photo)
October 26th, 2016 - 09:59 GMT

Largest man-made forest in GCC to be completed by March 2017

During the visit
October 26th, 2016 - 09:50 GMT

Kuwaiti Ambassador to Germany visits EQUATE’s stand at K 2016

du receives full certification of its Teleport from WTA
October 26th, 2016 - 09:29 GMT

du receives full certification of its teleport from WTA

Mohammed Ali Rashid Lootah, CEO of CCCP
October 26th, 2016 - 09:10 GMT

DED launches region’s first ‘Consumer Empowerment Index’

Women are coming to the UAE on visit visas and then they are brought to Oman most often illegally. (File photo)
October 26th, 2016 - 09:00 GMT

Middlemen reveal ease in illegal trafficking of domestic help in Oman

ADCCI Building
October 26th, 2016 - 08:20 GMT

Huawei helps Abu Dhabi Chamber transform ICT network to better serve business members

The underwriting applications for the bonds reached around $4 billion, or 400 per cent of the issuance value.(Shutterstock)
October 26th, 2016 - 08:00 GMT

Jordan's billion-dollar Eurobond issue garners mixed reactions

Samsung hasn’t offered a full discount for its volatile Note 7, and that wouldn’t have played well with millions of customers. (AFP/File)
October 26th, 2016 - 07:56 GMT

How can Samsung bounce back from the Note 7 fiasco?

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