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.
DIP Holding begins IPO subscription period with offer price range
DIP Holding, owner of Dubai Investments Park, has announced an offer price range between AED 1.10 and AED 1.15 per share, as it begins subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM) on Tuesday.
UAE capital markets reflect strong performance in first 9 months of 2026
The UAE financial markets have recorded strong performance during the first nine months of 2026, with number of companies licensed by Capital Market Authority rising 43 per cent and the combined market capitalisation of ADX and DFM touching AED 3.7 trillion.
UAE and Benin exchange CEPA in Abu Dhabi
The UAE and Benin exchanged a Comprehensive Economic Partnership Agreement on Sunday aimed at significantly expanding trade and investment between the two countries.
Dubai Customs refund applications rise to AED 6.9 billion in first half of 2026
Dubai Customs processed 1.36 million applications for customs deposit refunds in the first half of 2026, up 3.6 per cent from the same period last year.
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