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PIF-owned SALIC acquires 35% of Australian meat processing plant

Saudi Agricultural and Livestock Investment Company (SALIC), wholly-owned by the Public Investment Fund (PIF), has completed the acquisition of two red meat skinning and...

Australia to mandate parental consent for minors on social media

Social media companies will be required to get parental approval for users under the age of 16 in Australia and those who fail might...

Tesla to procure $1bn worth battery minerals from Australia per year

American electric vehicles and battery maker Tesla stated that it intends to spend more than $1 billion per year on battery raw materials from...

Australia’s Seven West Media strikes multi-year content deal with Facebook...

Australia's largest diversified media firm, Seven West Media has entered into multi-year content deals with US-based technology conglomerates Facebook and Google as tough new...

Abu Dhabi Chamber, AusBG explore ways to boost trade & investment...

Mr. Mohamed Helal Al Mhairi, Director-General of the Abu Dhabi Chamber of Commerce and Industry (ADCCI) discussed means of strengthening trade cooperation with Mr....

Facebook resumes news in Australia; Signs content deals with 3 publishers

The American technology giant Facebook has ended its one-week blackout of Australian news on its popular social media site and announced initial commercial agreements...

Australia passes keenly watched paid news law after final amendments

The Australian parliament has finally passed a new law designed to force American tech giants like Google and Facebook to pay media companies for...

Facebook to restore Australian newsfeed service as talks turn positive

The US-based tech giant Facebook is expected to lift its blackout on Australian news publishers after reaching a deal with the government. Commenting about the...
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