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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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Goals to reduce government spending on wages by 5 per cent (by SAR24 billion) will likely largely be achieved by not replacing the people leaving the public sector workforce and benefit cuts. (File photo)
June 9th, 2016 - 07:00 GMT

Saudi's bold reform targets require further formulation, economists warn

Among MENA's greatest risks are a further slide in oil prices, escalation of conflict, and further negative effects of security challenges and social unrest in countries not entrenched in war. (File photo)
June 9th, 2016 - 05:00 GMT

Slow growth ahead: World Bank downgrades global forecast to 2.4 percent

The proposed merger would create a bank with combined assets of almost $16 billion, according to Bloomberg. (File photo)
June 9th, 2016 - 04:19 GMT

Proposed merger of Bank Sohar, Bank Dhofar will create Oman's second largest bank

British Airways suspended flights to Sharm El Sheikh in November 2015 following a plane crash in Sinai which killed 224 people, mostly Russian tourists. (Twitter)
June 8th, 2016 - 12:00 GMT

British Airways hopes to resume flights to Sharm El Sheikh in September

Citibank has been the anchor tenant since the building’s completion in 2011. (Twitter)
June 8th, 2016 - 11:00 GMT

QIA buys Singapore's Asia Square Tower for record $2.45B

Iran will need at least 250-300 aircraft over the next decade to replace its aging fleet. (File photo)
June 8th, 2016 - 10:00 GMT

Iran Air's 'historic' deal with Boeing still faces issues to resolve

Egypt also plans cooperation with Jordan and the UAE on developing nuclear power. (File photo)
June 8th, 2016 - 09:00 GMT

Egypt-Saudi electricity linkage project nears completion

“The rebound in prices is probably a vindication of the OPEC policy of the past two years, although the trajectory for the balance of the year is likely to remain very volatile,” said the managing director of the DME.  (File photo)
June 8th, 2016 - 08:00 GMT

Oman crude oil prices jump nearly 100 percent from January lows

The plan also aims to improve the quality of services provided by the government and achieve a prosperous and sustainable future. (File photo)
June 8th, 2016 - 07:00 GMT

Saudi's National Transformation plan: First details revealed

Hilton Worldwide is rapidly expanding its portfolio of mid-market, upscale and luxury properties within its distinct portfolio of brands across the Middle East. (Trade Arabia)
June 8th, 2016 - 06:00 GMT

Hilton to open Waldorf Astoria Hotel at Dubai International Financial Centre

The partners state that the estimate of gas in Leviathan reservoir is still 21.9 trillion cubic feet. (File photo)
June 8th, 2016 - 05:00 GMT

Leviathan reservoir partners stand by their gas estimates

The SC is expected to deliver the new 40,000-seater Al Rayyan Stadium, designed by Ramboll and Pattern, in 2019. (SCDL)
June 8th, 2016 - 04:14 GMT

India's L&T secures $135M World Cup 2022 stadium contract

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