Facebook's record fine has been approved by US regulators.
The social media platform was told to pay USD$ 5 billion (AED 18.2 billion) to settle an investigation into data privacy violations.
The US Federal Trade Commission (FTC) approved the historic fine in a 3-2 vote.
The FTC has been looking into allegations that consultanc0y firm Cambridge Analytica illegally obtained the data of close to 90 million Facebook users.
UAE, US sign framework to secure critical mineral supply chains
The UAE and the US have signed a framework on critical mineral supply chains, with plans to finance projects in each country in the next six months.
ERC inks agreement to develop teachers housing in Fiji
The Emirates Red Crescent (ERC) has signed an agreement to construct dedicated housing for teachers in Fiji's rural regions.
Dubai secures Canva regional headquarters in new tech partnership
Dubai is set to host Canva’s regional headquarters, strengthening the emirate’s growing role as a major hub for digital innovation and creative technology.
DIFC delivers record 2025 results
Dubai International Financial Centre (DIFC) has posted landmark annual results, reinforcing Dubai’s position as the leading global financial hub across the Middle East, Africa and South Asia.
Pakistan must create 30 million jobs over next decade, World Bank president says
Pakistan must create up to 30 million jobs over the next decade to turn its youth bulge into an economic dividend or risk instability and outward migration, World Bank President Ajay Banga said in an interview with Reuters.
