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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 Organization of Petroleum Exporting Countries said its forecast for growth in world oil demand in 2016 was lowered by 50,000 barrels per day to 1.2 million bpd. (File photo)
April 14th, 2016 - 04:04 GMT

Oil prices slip as OPEC forecasts weaker demand

Al Waleed also holds majority shares in Twitter and Euro Disney. (AFP/File)
April 13th, 2016 - 12:00 GMT

Saudi Prince Al Waleed bin Talal injects $36M into the Arab film industry

The three power plants are slated for completion in 2018. (Shutterstock)
April 13th, 2016 - 11:00 GMT

Egypt secures $3.9B funding for 'world's largest' power plants

Similar ageist measures have been proposed in Kuwait. (Marcopolis)
April 13th, 2016 - 10:00 GMT

Bahrain: Proposal to ban expats over age 50 draws widespread criticism

Saudi Arabia said it was halting $4 billion in grants to the Lebanese military and security forces over what Riyadh perceives as “hostile” stances linked to Hezbollah and Iran at Arab League and Islamic conferences. (Yalibnan)
April 13th, 2016 - 09:00 GMT

Lebanon appeals for Egypt's help in reviving Saudi aid package

Saudi graduates of US universities are encouraged to return to the Kingdom upon graduation, but many prefer to remain overseas. (File photo)
April 13th, 2016 - 08:00 GMT

Number of Saudi scholarship students to US drops by 40,000

Tiran and Sanafir are hot spots for both Egyptian and foreign scuba diving hobbyists. (Flickr/Derek Keats)
April 13th, 2016 - 07:00 GMT

Egypt's scuba diving tourism fears over loss of Red Sea islands

Saudi Arabia is reportedly seeking a bank loan of between $6B-$8B, in what would be the first significant foreign borrowing by the kingdom's government for over a decade. (File photo)
April 13th, 2016 - 06:00 GMT

Low oil continues to bite as Saudi suffers Fitch downgrade

The new fee will go towards Tawtheeq and registration costs for tenancy contracts. (Shutterstock/Patryk Kosmider)
April 13th, 2016 - 05:00 GMT

Abu Dhabi to levy new taxes on expat rentals, hotel bills

Arable land along the Nile River. (Pixabay)
April 13th, 2016 - 04:15 GMT

Egypt earmarks 500,000 acres of arable land for Saudi investors

Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, overlooks plans for a $30B Wholesale City in Dubai. (File photo)
April 12th, 2016 - 12:00 GMT

UAE targets five percent FDI contribution to GDP over next five years

4,000 additional units, due for delivery at the end of the year, will bring some respite to the housing shortage in Abu Dhabi.  (Shutterstock/alex7370)
April 12th, 2016 - 10:57 GMT

Shortfall in competed homes weigh heavily on Abu Dhabi property market

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