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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 new trains can reach speeds of 321 km per hour. (AFP)
November 18th, 2018 - 05:34 GMT

Morocco Launches Africa's First High-Speed Train, Worth 2.3 billion Euros

According to officials, the export process will be run by Iraq’s government-run SOMO oil marketing company. (Shutterstock)
November 18th, 2018 - 05:28 GMT

Kirkuk Oil Exports to Resume as Baghdad and Erbil Reach Agreement

Iran's Caspian field, Sardar-e Jangal, was discovered in 2001. According to initial estimates, this field holds 50bcm of natural gas and 2bb of oil - of which Iran could expect to obtain 500 million barrels. (Shutterstock)
November 18th, 2018 - 05:12 GMT

Why Isn't Iran Exploiting Its Shared Oil Fields With Azerbaijan?

The JCPOA was signed in 2015 by Iran, the European Union and the Group 5+1 of countries (China, France, Russia, the United Kingdom, and the United States plus Germany). (Shutterstock)
November 18th, 2018 - 05:04 GMT

EU, South Africa Urge World Leaders to Uphold JCPOA Agreement With Iran

Stating the EU supports Abdul-Mahdi and his government, Mogherini said the EU is ready to support Iraq in politics, finance and security, the statement added. (Shutterstock)
November 18th, 2018 - 04:58 GMT

EU Rushes to Iraq Aid Post US Sanctions on Iran

During the event
November 15th, 2018 - 12:58 GMT

Seef Properties Donates to Friendship Society for the Blind

Introducing our new brand ambassador to Al Nabooda Automobiles- Audi, and renowned Syrian actor Abed Fahed, next to our Audi A5 Cabriolet that redefines sporty elegance.
November 15th, 2018 - 12:49 GMT

Syrian Star Abed Fahed Welcomed As Al Nabooda Automobiles – Audi Brand Ambassador

UBF has partnered with the Association of Certified Fraud Examiners (ACFE).
November 15th, 2018 - 12:30 GMT

UAE Banks Federation Official Supporter of International Fraud Awareness Week 2018

The Journey
November 15th, 2018 - 12:12 GMT

MAD Solutions Boasts Eight Films at the Arab Film Festival Zurich

Emirates airline carried 30.1 million passengers, up 3%, on overall capacity expansion of 3% in the first half of its 2018-19 financial year.
November 15th, 2018 - 11:54 GMT

Emirates Group Announces Half-Year Performance for 2018–19

During the event
November 15th, 2018 - 11:33 GMT

Ducati UAE Signs a Strategic Partnership With Emirates Driving Institute

Mr. Hammad Hassan, Managing Director of Bank ABC Islamic
November 15th, 2018 - 11:15 GMT

Bank ABC Islamic Announces 20.8 Percent Increase in Nine-Months Net Profit to $25.3 Million

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