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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 award was presented to Omantel for their 22 percent acquisition of a stake in Zain Group for a total value of $2.2 billion. (Pictured here: Talal Said Al-Mamari, CEO of Omantel)
December 13th, 2017 - 11:13 GMT

Omantel Wins M&A Emerging Markets Telecom Deal of the Year

The exclusive event was attended by senior management.
December 13th, 2017 - 10:49 GMT

FAB Inaugurates Headquarter Branch

In a new ranking, Cairo was rated the cheapest city in the world for an Uber ride.
December 13th, 2017 - 10:46 GMT

All Hail Cairo, Home to Cheapest Uber Fares

Hadi Jaafarawi, Managing Director, Qualys Middle East
December 13th, 2017 - 10:42 GMT

STC Solutions Selects Qualys to Deliver Security and Compliance Solutions in Saudi Arabia

Dr. Egon Toft, Vice President, Qatar University
December 13th, 2017 - 10:38 GMT

Qatar University, Ministry of Health Plan New Hospital

The MoU aims to improve the self-sufficiency of Qatar in fresh food supply.
December 13th, 2017 - 10:24 GMT

AgroQatar, Gulf Petroleum Sign MoU for Greenhouse Project

Katara has announced that it will join the nation in celebrating Qatar National Day with an array of festivities.
December 13th, 2017 - 09:50 GMT

Katara’s National Day Festivities to Begin Today

A Dh500 million agreement was signed this week for the development of the Port of Fujairah. (WAM)
December 13th, 2017 - 09:31 GMT

Dh500 Million Deal Signed for Development of Port of Fujairah

NBF is the first conventional bank to join the Nasdaq Dubai Murabaha Platform since the platform’s launch in 2014.
December 13th, 2017 - 09:27 GMT

National Bank of Fujairah Joins Nasdaq Dubai Murabaha Platform

The UAE Central Bank has held its 8th meeting this week to discuss plans for 2018.
December 13th, 2017 - 09:16 GMT

UAE Central Bank Discusses Operational Plan for 2018

GIOHIS 2018 will take place at one of Aldar’s hospitality assets, the Yas Viceroy in Abu Dhabi, from 29 to 30 January.
December 13th, 2017 - 09:10 GMT

Aldar Properties Supports Region’s Hotel Investor Summit as GIOHIS Returns to Abu Dhabi

The Business Registration & Licensing (BRL) sector in Dubai Economy witnessed a record number of transactions over November this year.
December 13th, 2017 - 08:40 GMT

Dubai Economy Records Strong Licensing and Registration Activity in November

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