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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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The report did not disclose the names of the individuals or groups whose bank accounts were frozen, their nationalities, or amounts. (Shutterstock)
May 24th, 2016 - 08:02 GMT

Giving the game away: Lebanon lifts banking secrecy on 28 accounts

Israel restricts the entry of goods into Gaza out of fears they will be used to build tunnels, but Gazans desperately need cement for reconstruction. (AFP/Said Khatib)
May 24th, 2016 - 07:16 GMT

Israel revokes ban on cement deliveries to Gaza

Earlier this month Shuaa Capital announced a first-quarter net loss of Dhs 27.5 million. (Shuaa)
May 24th, 2016 - 07:05 GMT

Dubai's Shuaa Capital to lay off 15 per cent of workforce

Qatar is spending up to $200B on infrastructure required to host the tournament.(Yaeni)
May 24th, 2016 - 05:00 GMT

Qatar World Cup 2022: Nearly $20B in sport investments on offer

A total of $115 million has been allocated to complete the Jordan Gate project, of which 72 per cent is already finished. (Wikimedia Commons)
May 23rd, 2016 - 12:00 GMT

Construction on Amman's Jordan Gate towers to resume after eight-year halt

Last year, GE announced an investment of $100m in its research and manufacturing programmes in the kingdom. (Twitter)
May 23rd, 2016 - 11:45 GMT

Saudi Arabia: GE in $3B JV with SAIIC to support local manufacturing

Fitch indicated that Lebanon’s banking sector was among 15 banking systems that have a Banking System Indicator of “b”. (File photo)
May 23rd, 2016 - 10:45 GMT

Lebanon's banking sector rated at 'low-level of potential vulnerability': Fitch

Up to $200 billion is being spent on wider infrastructure required to host the World Cup. (Twitter)
May 23rd, 2016 - 09:28 GMT

Qatar World Cup stadium construction costs to hit $10B

Omagine are exploring a proposal involving Chinese investment in Omagine LLC and the Chinese contractor arranging finance for the Omagine Project. (Shutterstock)
May 23rd, 2016 - 08:00 GMT

Omagine courts Chinese contractors for Oman's $2.5B waterfront development

In March 2016, Dubai Islamic Bank successfully closed a $500M sukuk issuance. (File photo)
May 23rd, 2016 - 07:00 GMT

GCC sukuk issues reach $5.2B this year

The agreement includes establishment of a mechanism to employ and a guarantee of the rights and duties of the domestic workers as also the employers, as per international norms. (File photo)
May 23rd, 2016 - 06:00 GMT

Maid to measure: Saudi, Indonesia strike deal to improve conditions for domestic help

The total number of multinational companies that signed agreements in Al Mazunah Free Zone exceeds 75. (Al Mazunah)
May 23rd, 2016 - 05:00 GMT

Oman's Al Mazunah free zone marks increase in international investments

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