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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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Sukuk issuance has been growing in Turkey and Qatar. (File photo)
June 26th, 2016 - 06:30 GMT

Islamic banking outgrows conventional banking in Turkey, Qatar

For the British energy sector, Oil & Gas U.K. said in a statement the industry is "at a critical juncture."  (Shutterstock)
June 26th, 2016 - 05:00 GMT

Oil prices suffer one of worst slides in recent history following Brexit vote

Prime Minister David Cameron in 2013 with the Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan. (Stefan Rousseau)
June 24th, 2016 - 05:25 GMT

Brexit vote rekindles hope for new UK-GCC free trade agreements

Economists say the bilateral trading landscape between the GCC and the UK may not necessarily be harmed by Brexit. (Shutterstock)
June 24th, 2016 - 11:41 GMT

Brexit: A weaker pound presents opportunities for GCC investors

Al Bawaba
June 24th, 2016 - 08:37 GMT

Global markets take a tumble as UK votes to leave the EU

Nearly 100,000 animal rights campaigners signed a petition to protest the opening of a Sea World park in Dubai last year. (Sea World San Diego)
June 23rd, 2016 - 12:00 GMT

After Dubai controversy, Sea World mulls Saudi entry

The main reason almost all cities in the Middle East increased in rank is that their currencies are pegged to the US Dollar.  (File photo)
June 23rd, 2016 - 11:00 GMT

Arab capitals climb the 'most expensive cities' lists

The ban comes after the CSRD sentenced MMG founder Mohammad Al-Mojil and his son Adel Al-Mojil, the firm’s chairman, to five years in jail on Thursday. (Deloitte)
June 23rd, 2016 - 10:00 GMT

Deloitte 'disappointed' after two-year ban decision by Saudi regulator

The deal with the SGRF is part of a new $275-million capital raising by Kenmare. (Shutterstock)
June 23rd, 2016 - 09:00 GMT

Oman state fund invests $100M in Irish mining company

Microsoft CEO Satya Nadella met Deputy crown prince Muhammad Bin Salman in Silicon Valley on Tuesday. (AFP/File)
June 23rd, 2016 - 08:00 GMT

Saudis to receive computing tech training in new Microsoft deal

ADDED has destroyed 165,000 counterfeit and fake items seized during raids in recent months. (Pinterest)
June 23rd, 2016 - 07:00 GMT

Abu Dhabi cracks down on counterfeit goods

The EgyptAir flight was carrying 66 people on board including 30 Egyptians and 15 French nationals when it crashed on May 19 en route from Paris to Cairo. (AFP/Khaled Desouki)
June 23rd, 2016 - 06:00 GMT

EgyptAir to offer $25,000 to crash victims' families

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