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BUSINESS

BUSINESS latest

AI Data center protest in the US
July 7th, 2026 - 07:33 GMT
P. Choiaqo

P. Choiaqo

Meta AI data center found infecting water with deadly bacteria in the US

ALBAWABA - Goat Systems LLC, a Meta affiliated data center, released a deadly bacteria into the water of Cheyenne, Wyoming after fill-and-flush swill was dumped into waste water. Fill-and-flush is the process by which data centers flood their cooling systems with water before turning on for the first time. After the data center’s violation, local officials are revoking waste-dumping privileges for every data center connected to water service with the ...
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Egypt began setting a monthly customs exchange rate in January 2017, following the liberalization of its currency in November 2016. (Shutterstock)
September 30th, 2018 - 06:32 GMT

Egypt to Stick to EGP16 to $1 for October

During the event
September 30th, 2018 - 06:29 GMT

Tilal Properties Announces Special Offers at Brokers’ Event

European Union Foreign Policy Chief Federica Mogherini said on Wednesday a so-called Special Purpose Vehicle (SPV) will facilitate trade with Iran and it will go into force before November. (Shutterstock)
September 30th, 2018 - 06:23 GMT

Iran Urges EU to Launch the New Financial Mechanism Ahead of Looming US Sanctions

Dragon Towers is a key component of Nakheel’s ongoing retail, hospitality and residential expansion at Dragon City.
September 30th, 2018 - 06:20 GMT

Dragon Towers apartments on sale from Sunday, says Nakheel

The Kingdom’s banking sector is the most secure in the Arab region, where capital adequacy in Jordan amounted to 18.5 and 17.8 per cent in 2016 and 2017, respectively. (Shutterstock)
September 30th, 2018 - 06:14 GMT

Jordan's Banking Sector Is Most Secure in the Arab World, With $70.4 Billion Assets

The typical investor profile, looking for suitable solutions on Residence Permits and Citizenship, are wealthy individuals who are expats, or business owners, currently living in the Middle East, Asia or Africa. (Shutterstock)
September 30th, 2018 - 06:03 GMT

Fancy EU Citizenship? Here's Why Cyprus Might Be Your Best and Fastest Bet.

‘Nursing Now Qatar’ board members at their inaugural meeting.
September 30th, 2018 - 05:57 GMT

World Innovation Summit for Health and Hamad Medical Corporation Hold Inaugural ‘Nursing Now Qatar’ Board Meeting

While employment levels remain consistent, only 11% of the total pool of employees studied were recruited in the last 12 months. That’s down by nearly 20% year over year, indicative of people staying in their jobs longer in an uncertain economic environment. (Korn Ferry)
September 30th, 2018 - 05:55 GMT

Can Saudi Strike a Balance Between Its Rising Inflation Rate and Uneconomic Salary Bonuses?

According to Cluttons Middle East, market activity in studios and one-, two- and three-bedroom apartments, valued at a price point below Dh1.5 million, is the most active segment. (Shutterstock)
September 30th, 2018 - 05:46 GMT

How Purchasing a Dh1.5 Million Property in Dubai Can Be a Profitable Investment

H.E. Abdulla Al Darmaki, CEO of Khalifa Fund for Enterprise Development
September 30th, 2018 - 05:39 GMT

Khalifa Fund Successfully Organizes Second ‘Tawasul’ Forum for 2018

According to the annual Korn Ferry study which surveyed 600 companies across 20 economic sectors, 72 per cent of companies gave their employees a raise in 2018. (Shutterstock)
September 30th, 2018 - 05:37 GMT

Report: UAE Salaries on the Rise

During the meeting
September 30th, 2018 - 05:10 GMT

Dubai Customs Discusses Boosting Cooperation With Japanese Businesses

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