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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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The Middle East tripled its renewable investment last year, with market observers characterising the region as a ‘hot spot’ for green investment. (Shutterstock)
October 9th, 2016 - 11:30 GMT

Explosive growth in 'green bonds' paves the way for takeoff in MENA markets

The Memorandum of Understanding (MoU) signed recently between DP World and CDA
October 9th, 2016 - 11:21 GMT

DP World reaffirms commitment to its people; empowers Emiratis

Expats registered as investors, academicians – including professors, associate professors, assistant professors and lecturers and those working as doctors will be exempt from the new ruling. (Shutterstock)
October 9th, 2016 - 10:25 GMT

Two for one: New Saudization rules count each expat over-60 as two employees

Most of the investors are keen to invest in IT and industrial projects in a trend has been growing over the past few years. (Shutterstock)
October 9th, 2016 - 09:30 GMT

New tourism investments in Lebanon down, tech and industry spend up: IDAL

Egypt announced additional tenders for 665,000 tonnes of gasoil and 132,000 tonnes of gasoline for November arrival, levels that could suggest a protracted delay of Aramco products. (Shutterstock)
October 9th, 2016 - 08:30 GMT

Halted Saudi oil deliveries leave Egypt scrambling for tenders

During the event
October 9th, 2016 - 07:31 GMT

Rethinking Entrepreneurship and Ecopreneurship

A giraffe in Nairobi National Park against the backdrop of Nairobi's skyline, Kenya. (Kenya Wildlife Service)
October 9th, 2016 - 07:24 GMT

Gulf investors eye opportunities in Africa

Abu Dhabi Commercial Bank
October 9th, 2016 - 07:14 GMT

ADCB wins Euromoney Cash Management Survey Award for “Best Cash Manager”

Ziad Salameh, Managing Director - West Region, Cisco Middle East
October 9th, 2016 - 07:06 GMT

Cisco Middle East appoints Ziad Salameh Managing Director for its West Region

Dr Lawrence H Summers, Charles W Eliot University Professor and President Emeritus at Harvard University, is a keynote speaker for the 2016 WISH Summit
October 9th, 2016 - 06:52 GMT

World Innovation Summit for Health announces keynote speaker Larry Summers

Along with daily expenses, comes another big question: Planning for the future of the child. (Shutterstock)
October 9th, 2016 - 06:41 GMT

When baby makes three, money management priorities should change

Dubai Holding's  efforts to build smart cities began with the establishment of Dubai Internet City in 1999. (Dubai Media Office)
October 9th, 2016 - 06:25 GMT

Dubai Holding announces third SmartCity initiative with South Korean venture

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