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.
Dubai Investments to list DIP Holding shares on Dubai Financial Market
DIP Holding, the owner of Dubai Investments Park, plans to list on the Dubai Financial Market (DFM) through an initial public offering (IPO).
UAE delegation explores energy and transport partnerships in China
A UAE delegation has wrapped up a five-day visit to China, where it looked at partnerships in clean energy, battery storage and electric transport.
Dubai, China sign MoU to develop gold and jewellery trade
The Dubai Jewellery Group (DJG) has signed a Memorandum of Understanding (MoU) with the Gold Association of Guangdong Province in China.
H.H. Sheikh Hamdan praises DIEZ's AED 246 billion value performance in H1
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has commended the Dubai Integrated Economic Zones Authority (DIEZ) for achieving a record trade value of AED 246 billion in the first half of 2026.
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