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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 cabinet is seeking to create conditions that will help enhance trust, expedite investments and encourage additional investments in the gas sector, including the entry of new investors. (File photo)
May 23rd, 2016 - 04:09 GMT

Israeli cabinet approves new natural gas development plan

Jordan used to export 180,000-200,000 tonnes of fruit and vegetables to Iraq each year but were forced to export via Kuwait after the border crossing was closed. (File photo)
May 22nd, 2016 - 12:00 GMT

Hopes for agricultural sector revival with 'imminent' reopening of Jordan-Iraq border crossing

Officials from Russia (L) and Egypt (R) sign an agreement to build Egypt's first nuclear power plant as Egyptian President Abdel Fattah al-Sisi (C) in November 2015. (Facebook)
May 22nd, 2016 - 11:00 GMT

Egypt approves $25B Russian loan for Dabaa nuclear power plant construction

Saudi's retail sector has been experiencing the same crunch as in other Gulf markets, brought on by the steep dive in oil prices and the fallout this had on consumer spending habits. (Damas)
May 22nd, 2016 - 10:49 GMT

Damas expansion: UAE retail jewelry chain sees sparkle in Saudi market

The IMF standby arrangements allow the fund to respond quickly to countries’ external financing needs, and to support policies designed to help them emerge from crisis, with lending tailored to member countries' needs.
May 22nd, 2016 - 10:00 GMT

Iraq: New $5.4B IMF loan conditional on reducing $20.5B budget deficit

Saudi has been pushing for a freeze deal since February so they needed to rely on stocks to meet any rise in customers’ demands at home and abroad while keeping their output flat. (File photo)
May 22nd, 2016 - 08:35 GMT

Saudi's oil stockpiles reach lowest level in 18 months as exports soar

Middle East architects and building owners are increasingly demanding global best practices in energy efficiency.   (Hunter Douglas)
May 22nd, 2016 - 08:06 GMT

Energy-efficient buildings can save $3.5B in the GCC

Sheikh Mohammad and Tim Cook met in 2014 during the CEO’s first visit to the UAE. (Dubai Media Office)
May 22nd, 2016 - 07:32 GMT

Apple to scale up UAE presence

The Western powers also called on the Islamic Republic to create a favorable environment for investors to do business in the country. (File photo)
May 22nd, 2016 - 07:20 GMT

US, EU encourage international investment in Iran

Images of debris believed to be from the lost EgyptAir flight from Paris were released on the official Facebook page for Egypt's military spokesman of the Armed Forces. (Facebook)
May 22nd, 2016 - 04:29 GMT

EgyptAir crash causes chaos on the EGX

Workers at the Leviathan gas field. (Noble Energy)
May 19th, 2016 - 01:40 GMT

Israel may halve Egypt's $1.7B fine for halted gas supply: Bloomberg

The Act that was passed in the US is an U.S. act whose implementation is required throughout the world and in Lebanon, said Central Bank Governor Riad Salameh. (The Daily Star)
May 19th, 2016 - 12:00 GMT

Lebanon's failure to comply with US anti-terrorism funding laws will isolate banks: Salameh

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