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Mark Zuckerberg in U.S. Capitol Hill

July 8th, 2026 - 12:01 GMT

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 ...

The bigger chunk of the increase, $13.2 billion, is the result of an increase in debt-servicing costs over the past year, including paid installments of $11.1 billion and interest payments of $2.1 billion. (Shutterstock)

November 5th, 2018 - 08:30 GMT

Egypt's Foreign Debt to Reach $98.863 Billion by End of Fiscal Year

Joint oil and gas fields are important for all countries in the region, with all countries which share oil and gas fields with Iran gaining billions from their procurement. (Shutterstock)

November 5th, 2018 - 08:25 GMT

What Is the Fate of Iran's Shared Oil and Gas Fields With Iraq and Saudi, Now That the US Sanctions Are Imposed?

Passengers who book their tickets during this sales period can travel any time between Nov. 22, 2018 and March 20, 2019, for a maximum stay of 30 days and a minimum stay of three days.

November 5th, 2018 - 08:16 GMT

RJ Sales Promo 'These Fares Are Not Fair!' Is Back!

There are expectations in Egypt that the Red Sea will be the next major exploration frontier. (Shutterstock)

November 5th, 2018 - 08:12 GMT

After Tourism, Egypt to Exploit the Red Sea for Hydrocarbons

Now producing 4.78 million barrels per day (bpd), as the head of the National Oil Company stated, Iraq boasts the world’s fourth-largest oil reserves after Saudi Arabia, Canada and Iran. (Shutterstock)

November 5th, 2018 - 08:04 GMT

Where Are All the Benefits From Being Fourth Largest Oil Producer in the World, Ask Iraqis?

The FTA between Jordan and Turkey will be officially terminated on November 22. (Shutterstock)

November 5th, 2018 - 07:55 GMT

Jordan to Impose Tariffs on Turkish Goods

The recent economic data and key business surveys suggest that the global economy has already begun to lose momentum. (Shutterstock)

November 5th, 2018 - 07:47 GMT

IMF Holds a Grim Outlook on Global Economic Growth

India’s oil imports will be reduced, but will still rank up more than a million barrels per month. (Shutterstock)

November 5th, 2018 - 07:40 GMT

Asia, Not the EU, Might Be Iran's Hope to Whither the US Sanctions Storm

Hezbollah’s deputy head Sheikh Naim Qassem. (TDS)

November 5th, 2018 - 07:26 GMT

How the Iran Sanctions Are Threatening the Lebanese Government Formation

The International Energy Agency has estimated digital technologies could cut oil and gas production costs by between 10 and 20 per cent.

November 5th, 2018 - 06:24 GMT

Digitalisation Is Fundamental, Transformational, and a Number One Priority for Senior Oil and Gas Industry Decision-Makers As They Plan Future Investments

During the ceremony

November 5th, 2018 - 06:16 GMT

World’s Elite Golfers Land in Antalya for Turkish Airlines Open 2018

Al Tayer Motors - Jaguar Land Rover Garhoud showroom

November 5th, 2018 - 06:10 GMT

Al Tayer Motors’ Brand New Jaguar Land Rover Facility in Garhoud Inaugurated by Automaker’s CEO Prof. Dr. Ralf Speth