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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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iPhady, one of Saudi Arabia's leading e-commerce sites and subsidiary of Al Falak Electronic Equipment & Supplies Co.
November 14th, 2018 - 10:27 GMT

'iPhady' launches fifth edition of 'White Friday' Sale

Huawei plans to bring the phone closer to its customers so they can use it through mobile platforms during the month of November.
November 14th, 2018 - 10:18 GMT

Huawei Showcases Mate20 Series in Several Platforms in the Kingdom

The Palm Tower
November 14th, 2018 - 09:58 GMT

Nakheel Returns to London With Dh58 Billion GBP12 Billion Worth of Real Estate to Boost British Investment in Dubai

Mr. Abdulaziz A. Al-Helaissi, Group Chief Executive Officer of GIB.
November 14th, 2018 - 09:24 GMT

Gulf International Bank Successfully Raises $500 Million Financing Facility

Forecasts indicate that there would be heavy downpours and active winds with high speed, the cabinet said on its Twitter account on today. (Shutterstock)
November 14th, 2018 - 09:20 GMT

Kuwait on Total Shut Down as of Tomorrow Due to Weather Conditions

The jury of the TV show “Arab Idol” take part in a tribute for the Kuwaiti National Day last year. (AFP)
November 14th, 2018 - 09:14 GMT

MENA TV Business Is Turning the Silver Screen Into Golden Investments

The DS-70 and DS-80W have been designed for businesses looking for a mobile solution for staff to take on the road or use around the office.
November 14th, 2018 - 09:02 GMT

Scan Anywhere, Wherever Your Work Takes You With Epson’s Smallest and Lightest Mobile Scanner Range

Mr. Hisham Alrayes, CEO of GFH
November 14th, 2018 - 08:53 GMT

GFH Net Profit Attributable to Shareholders Rises 18.6 Percent To $103.44 Million for the First Nine Months of 2018

During the event
November 14th, 2018 - 08:45 GMT

Fifth Sharjah Hospitality Forum Highlights Latest Trends in Budget Tourism and Millennial Travel

Medco Plast for Packing and Wrapping Systems
November 14th, 2018 - 08:29 GMT

Middle East Glass Announces the Successful Sale of a 74 Percent Stake in Its Pet Subsidiary, Medco Plast, to Indorama Ventures

Egypt would set a VAT rate of 1% for SMEs under the proposed Act. (Shutterstock)
November 14th, 2018 - 08:22 GMT

Egypt Finalising Draft Law for SMEs

In a statement, Hasan Turan, the head of parliament’s Turkey-Palestine parliamentary friendship group, criticized the UN for merely criticizing Israel’s Monday attack on Gaza. (Shutterstock)
November 14th, 2018 - 08:16 GMT

Turkey Calls for UN Sanctions on Israel

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