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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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France’s 2003 Lellouche law has been applied to punish Boycott, Divestment, Sanctions (BDS) activists for seeking to damage Israel’s economy. (Twitter)
April 27th, 2016 - 09:00 GMT

Credit Mutuel bank caught in the crossfire of transatlantic BDS laws

Due to oversupply around the world and low global demand, crude oil prices began falling in June 2014 from $115 per barrel.  (File photo)
April 27th, 2016 - 08:00 GMT

Hope on the horizon as World Bank forecasts oil price rise to $41 a barrel

Jordan's Finance Minister warned that the forecast for economic growth is around 2.7 per cent this year, which is below the 3.5 per cent forecast in the state budget. (Flickr/Andrew E Larsen)
April 27th, 2016 - 07:00 GMT

Jordan to renegotiate IMF loan in May, new reforms will make it 'a tough year'

The Qatar Airways chief claims the delay in taking delivery of the A320neos has hurt the airlines growth by more than 5 per cent. (Twitter)
April 27th, 2016 - 06:00 GMT

Qatar Airways may scrap $6.4B Airbus order over engine cooling issues

A number of agreements will be signed during the forum to increase investment and trade volume between the two countries. (Egyptian Presidency)
April 27th, 2016 - 05:03 GMT

Bahrain, Egypt sign 11 MoUs during King Hamad's visit to Cairo

The 63-storey hotel was evacuated during the fire, which was caused by an electrical short circuit. (File photo)
April 27th, 2016 - 04:41 GMT

UAE: Emaar Hospitality announces expansion, delays fire-ravaged Address hotel opening

Vision 2030's emphasis on privatization of state assets is designed to help wean the economy away from oil dependency. (File photo)
April 26th, 2016 - 01:00 GMT

Saudi Vision 2030: A breakdown of the sweeping reforms

The railway will begin from Kuwait City and will pass through Dammam via Bahrain and  Qatar through Salwa border point.  (Shutterstock)
April 26th, 2016 - 12:00 GMT

Pan-GCC rail will create more than 80,000 jobs

The IMF has encouraged steps to lift subsidies and tighten public sector spending. (AFP/File)
April 26th, 2016 - 11:00 GMT

IMF encouraged by Saudi reforms but warns of up to $540B in losses over low oil

Qatar plans to announce five new routes this year. (Twitter)
April 26th, 2016 - 10:00 GMT

Qatar Airways treading carefully on Saudi's Al Maha, Italy's Meridiana deals

An official from the Jeddah Chamber of Commerce and Industry Telecommunication and Information Technology Committee suggested a gradual system of training Saudi employees to replace expatriates. (Qudrat.com.pk)
April 26th, 2016 - 09:00 GMT

Abrupt Saudization of mobile industry impractical and may backfire: experts

The gap in estimate means a NIS 100 billion reduction in revenue from gas sales and a reduction of more than NIS 50 billion in state revenues from taxation. (File photo)
April 26th, 2016 - 07:00 GMT

Dutch report cuts Leviathan gas estimates

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