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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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Will Lebanon Witness Another Wave of IMF Instructions? (Shutterstock)
November 13th, 2018 - 10:26 GMT

Will Lebanon Witness Another Wave of IMF Instructions?

Jordan and Japan on Monday discussed an investment plan to revitalise the Hijaz Railway’s infrastructure in support of the national economy. (Shutterstock)
November 13th, 2018 - 10:22 GMT

Japan to Help Jordan Reinvigorate Hijaz Railway With New Investments

The move was taken as a result of the high operating costs, and the subsequent losses incurred by Royal Wings over the past years.
November 13th, 2018 - 10:11 GMT

Royal Jordanian to Stop Operations of Royal Wings at the End of This Month, Offers Flexible Solutions to Its Employees

From succulent grills to Asian delicacies, sumptuous cuisines take center stage in a spread of live cooking stations making Arabesque an ideal destination for gourmands in the UAE.
November 13th, 2018 - 10:04 GMT

Danat Al Ain Resort Brings Sumptuous Themed Nights to Al Ain

Iran has kept its stock of low-enriched uranium and the level to which it refines uranium within the limits set by the JCPOA. (Shutterstock)
November 13th, 2018 - 09:59 GMT

Iran Honouring Its JCPOA Commitment Regardless of US Sanctions

US Secretary of State Mike Pompeo has told Saudi Crown Prince Mohammed bin Salman that Washington will hold accountable all those involved in the killing of Khashoggi. (Shutterstock)
November 13th, 2018 - 09:51 GMT

Trump, Pompeo Not Losing Sight of the Bigger Financial Picture With Saudi

During the event
November 13th, 2018 - 09:36 GMT

Bank Sohar’s CSR Programme Sohar Al Ataa’ Extends Support to Al Noor Association for the Blind in Dhofar

Emirates Steel stand at ADIPEC
November 13th, 2018 - 09:00 GMT

Emirates Steel Showcases Oil and Gas Products at ADIPEC 2018 in Abu Dhabi

The United Nations decided to increase their aid to $14 Million, instead of the $7 Million. (Shutterstock)
November 13th, 2018 - 08:52 GMT

UN to Double Yemeni Food Aid to $14 Million as Starvation Looms

Kuwait has called for frozen funds to be returned. (Shutterstock)
November 13th, 2018 - 07:59 GMT

Kuwait Demands Release of Its Frozen $500 Million From Dubai

Their contribution in aid to the impoverished nation which faces a devastating Saudi war and blockade amounts to just two percent of their revenues from the arms sales. (Shutterstock)
November 13th, 2018 - 07:49 GMT

EU Arms Sales to Saudi Arabia and UAE at $86.7 Billion, While UN Yemen Mission Is Underfunded

U.S. President Donald Trump criticized Saudi Arabia’s announced plan to cut oil production. (Shutterstock)
November 13th, 2018 - 07:36 GMT

Trump Furious Over Saudi Oil Production Cuts Plan

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