Business News from Thursday, August 27th, 2026
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Meta agrees to pay $18 billion to settle US lawsuits over social media addiction
Meta Platforms will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram under an agreement with nearly all US states to resolve claims it designed those social media platforms to addict children.
News
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UAE approves framework on violations and penalties in higher education sectorThe UAE has adopted a resolution governing violations, penalties and administrative measures for higher education institutions, vocational centres and training institutes.
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UAE launches 'Beladi' programme to prepare youth for national serviceThe Ministry of Defence has launched the "Beladi" programme to develop young Emiratis' leadership skills, technical expertise, and practical knowledge talent and prepare them for national service.
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UAE scraps homework for some public school studentsPublic schools students from Kindergarten to Grade 2 will not be given homework in the new academic year.
