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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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Deputy Crown Prince Muhammed Bin Salman is also the president of CEDA, a new super-committee of top ministers charged with overseeing reforms. (File photo)
June 7th, 2016 - 01:00 GMT

Saudi Arabia approves National Transformation Plan

The group claimed it had found Zuckerberg's password in a leaked LinkedIn password dump. (File photo)
June 7th, 2016 - 12:04 GMT

Saudi-based group claims responsibility for hacking Mark Zuckerberg's accounts

CFA professionals see VAT as a paradigm-shifting reform in the GCC's fiscal policy and are unanimous that it will lead to higher inflation. (File photo)
June 7th, 2016 - 11:00 GMT

VAT will hit demand for luxury items, cars, tobacco, real estate hardest: Survey

The paper banknotes of EGP1, EGP 0.5, and EGP 0.25 were removed from the market several years ago and were replaced with coins. (Shutterstock)
June 7th, 2016 - 10:00 GMT

Small change: Egypt Central Bank reprints $56M worth of EGP1 notes

The project consists of seven unique-shaped buildings which will house the administration wing, cultural centre, convocation hall, conference centre, university library, visitor centre and a grand mosque. (Sinohydro.com)
June 7th, 2016 - 09:00 GMT

Chinese firm lands $580M deal for Kuwait's massive 'university city' project

Some see the Saudi government’s investment in Uber as a direct attack on future reforms that might allow women the right to drive
June 7th, 2016 - 08:00 GMT

Uber to create 100,000 jobs in Saudi Arabia

Microsoft headquarters in Mountain View, California. (Shutterstock)
June 7th, 2016 - 07:00 GMT

Microsoft opens R&D office in Nazareth, will target Arab engineers

All fines collected will be allocated to support efforts to raise awareness on the harmful effects of smoking and tobacco products across the Kingdom. (Shutterstock)
June 7th, 2016 - 06:00 GMT

Butt out: Saudi Arabia to impose fines for smoking in public areas

Prices are expected to increase from 60 to 85 fils per litre for 91 octane, from 65 to 105 fils per litre for 95 octane and from 90 to 165 fils per litre for 98 octane. (File photo)
June 7th, 2016 - 05:00 GMT

Kuwait to raise fuel prices due to squeezed subsidy budget

The payments were made at the company’s head office in Hamadaniyah district in east Jeddah. (File photo)
June 7th, 2016 - 04:34 GMT

About time: Binladin Group pays off more workers

Barclays currently has 56 large branches in Egypt and is considering opening small branches. (Transdoc)
June 6th, 2016 - 12:00 GMT

Barclays pushes through with Egypt expansion despite bank sale

Jordan has set ambitious targets for the development of domestic shale, renewable energy and nuclear power. (Shutterstock)
June 6th, 2016 - 10:00 GMT

Power play: Jordan revs up on renewables

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