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Adidas Ad
June 24th, 2026 - 11:49 GMT
P. Choiaqo

P. Choiaqo

Adidas and Calvin Klein ads banned in UK for misleading messages

ALBAWABA - UK regulators are tightening restrictions on major brands for misleading environmental statements in their advertising. The decision comes after brands such as Adidas, Calvin Klein, and Uniqlo, made statements in their advertising that said their clothes are made from recycled materials - a statement which turned out to be hardly true. Adidas was promoting their “recycled running shoes” while Calvin Klein advertised “recycled” tops for women, and lastly ...
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In July, Iran produced around 3.6 million bpd, 17 percent higher than during the first quarter of the year when initial production considerations emerged. (File photo)
August 28th, 2016 - 09:00 GMT

Iran to attend OPEC meeting, but will defend 'right to market share'

The acquisition of Digiturk represents the largest deal in BeIN's history and a major milestone in their global expansion. (File photo)
August 28th, 2016 - 08:00 GMT

BeIN gains strong foothold in Turkey with Digiturk acquisition

Saudi Energy Minister Khalid Al Falih stated that huge emphasis will be put in the future on foreign investments. (File photo)
August 28th, 2016 - 07:00 GMT

Saudi Aramco courts international investors to underwrite shares

The initiative was taken voluntarily by 39 international pharmaceutical companies, saving up to Dh267 million for patients in one year.  (File photo)
August 28th, 2016 - 06:00 GMT

UAE slashes prices on 762 medicines

Unplanned oil production outages in a number of OPEC countries also contributed to lower export earnings.  (AFP/File)
August 28th, 2016 - 05:00 GMT

OPEC earnings drop to lowest level since 2004

The scale of corruption in the wheat scandal is estimated at one billion pounds. (PressTV)
August 28th, 2016 - 04:00 GMT

Egypt's Minister of Supplies resigns amidst wheat corruption probe

A number of European airlines and governments introduced restrictions on flights to Sharm El-Sheikh over security concerns after the Russian airliner disaster. (File photo)
August 25th, 2016 - 12:00 GMT

Turkish Airlines to fly to Sharm El Sheikh from 10 September

The multi-billion GCC Railway Network - a huge railway system of 2,117 km designed to connect Kuwait, Bahrain, Saudi Arabia, Qatar, UAE and Oman - was earlier slated for completion in 2018. (Menarailpost.com)
August 25th, 2016 - 11:07 GMT

Oman's national railway ambitions chug on despite delay in GCC rail network completion

Tekfen is already engaged in a diverse range of construction activities including power generation, airports, petroleum, roadways, infrastructure projects, and building complexes. (Lusail.com)
August 25th, 2016 - 10:00 GMT

Turkey's Tefken Holding secures $2.1B contract for Qatar highway

Sky Prime is a subsidiary of Alpha Star Aviation. (Sky Prime Aviation)
August 25th, 2016 - 09:30 GMT

Sky Prime, Saudi Arabia's new VIP airline, ready for take off

The acquisition follows the opening of a New York office by QIA in September last year.  (PIxabay)
August 25th, 2016 - 06:41 GMT

Qatar Investment Authority buys stake in Empire State Building owner

The ruling failed to hold the Lebanese Canadian Bank SAL responsible for financing the Lebanon-based Islamic group through its New York account with American Express Bank. (Yalibnan)
August 25th, 2016 - 05:30 GMT

Victims of Hezbollah attacks lose US court case against Lebanese Canadian Bank

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