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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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H.E. Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank
October 20th, 2016 - 05:36 GMT

Doha bank achieves sustainable performance

Dr. Ashraf Al Nabhani
October 20th, 2016 - 05:12 GMT

Bank Nizwa joins Dar Al Atta’a for World Food Day

The event is Bahrain’s first tri-service defence exhibition, covering land, sea and air. (Wikimedia Commons)
October 20th, 2016 - 05:00 GMT

Bahrain to host international defence exhibition for the first time

During the event
October 20th, 2016 - 04:19 GMT

Dubai Customs’ Smart Virtual Agent showcased at Gitex 2016

The $17.5B bond issue kicks off the efforts by the Kingdom to plug its large budget deficit of $87 billion this year due to a hole left by oil prices, which have fallen more than a half from the peak seen in 2013. (File photo)
October 20th, 2016 - 04:10 GMT

Saudi Arabia gears up for record $17.5B bond issue

During the event
October 20th, 2016 - 03:40 GMT

Third joint environmental initiative highlights the strength of industry-wide cooperation

New findings reveal that Saudi Arabia is becoming the number one in the Middle East in term of the use of social media. (Shutterstock)
October 19th, 2016 - 12:00 GMT

Connecting to the world: Saudi Arabia to host Global Internet Forum

The Jordan Trail Association has been working with 52 villages along the route to set up accommodation and eating opportunities for hikers. (Terhaal Adventures)
October 19th, 2016 - 11:47 GMT

Jordan's 650km-long hiking trail will be ready in 2018

Women participate in a panel during Batala's launch in Riyadh on Monday. (Arab News)
October 19th, 2016 - 11:38 GMT

YouTube launches Batala for female content creators in MENA

Al Bawaba
October 19th, 2016 - 11:29 GMT

CV basics: Tweak your resume according to the job

Four Seasons Hotel Kyoto
October 19th, 2016 - 11:00 GMT

Now open: Four Seasons Hotel Kyoto unlocks the hidden secrets of Japan’s ancient imperial capital


Sectors that have been hit the hardest so far include the private sector oil and gas and construction industries, that are faced by lower investment, project delays, retendering, margin pressure and delays in customer payments. (Shutterstock)
October 19th, 2016 - 11:00 GMT

Gulf GREs can weather dip in oil prices: S&P

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