Here are the top 7 stories you need to know today from Google’s attempt to fight fake news to Emirates and Etihad’s latest updates.
Google moves to restrict ads on fake news sites
Google said it was working on a policy to curb the spread of so-called fake news and misrepresented information on the internet. (More on this here)
Facebook faces its own fake-news Twitter problem
Founder Mark Zuckerberg continues to defend Facebook, denying that the social network influenced the outcome of the US presidential election, in which Republican nominee Donald Trump won, beating his Democrat rival , Hillary Clinton.
EU puts Syrian central bank governor under sanctions
The European Union extended its sanctions on Syria, banning the country’s central bank chief and its finance minister from travelling in Europe. Their assets have been frozen in a further step to isolate President Bashar al-Assad. (Read the whole story here)
(European Union faces another year of living dangerously)
Turkey may miss government growth forecast
Turkey will likely miss government growth forecasts this year and the coming one, following the state of emergency rule after July’s failed coup, and an expected referendum on constitutional change delay investments decisions. (More on this here)
Economy minister: UAE seeks over $70 billion in industrial investments by 2025
The United Arab Emirates seeks to attract more than $70 billion in industrial investments by 2025, the country’s economy minister, Sultan Bin Saeed Al Mansouri, said in a statement to the state news agency, WAM.
MSCI changes to affect UAE and Qatar, money rate hopes may support Saudi
Stocks in the UAE and Qatar may shift in response adjustments by index compiler MSCI. MSCI’s broadest index of Asia-Pacific shares outside Japan marginally higher and Brent crude oil flat below $45 a barrel, although U.S. Treasury yields are continuing to rise, which may pull funds from emerging markets.
Emirates, Etihad ranked among world’s best airlines for 2017
Abu Dhabi’s flagship carrier Etihad took home the prestigious Best First Class award for the third time, in the Airline Excellence Awards by Global airline rating agency airlineratings.com. Dubai’s Emirates Airlines also takes home an award for Best In-Flight Entertainment. (What’s wrong with Emirates? Find out)