Saturday 23 August 2014
 
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fine

Possible $10bn US fine on BNP unreasonable: France

France said it would defend the interests of its biggest bank BNP Paribas, calling a possible $10 billion-plus US fine "unreasonable" and warning it could have a bearing on transatlantic free trade talks. French governme

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Saudi govt doctors working in private clinics warned

Saudi Arabian authorities have issued an official notice to private hospitals and medical centres not to recruit doctors and health practitioners working with the government, said a report.   The directives also

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Barclays fined $44m over gold prices 'fix'

Barclays has been fined £26 million ($43.8 million) for failures in internal controls that allowed a trader to manipulate the setting of gold prices, just a day after the bank was fined for rigging Libor interest rates in 2012.

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$163m fine for Emirati woman!

An Abu Dhabi court has imposed a fine of Dh600 million ($163.33 million) on an Emirati woman after she was convicted of embezzling public funds and forging documents while working for a government department, an Emirates 24/7 report said.

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Automatic licence holders 'can't drive manual cars in Qatar'

The drivers in Qatar with automatic transmission licenses cannot drive ‘manual’ cars and will be fined, said a report. Brigadier Mohammed Saad Al-Kharji, the traffic department director, pointed out that drivers with a

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Kuwait Al Ahli Bank chairman fined $5.3m

A Kuwaiti court has fined the chairman of Al Ahli Bank, the country's eighth largest bank by market capitalisation, 1.5 million dinars ($5.3 million) over alleged insider trading in the bank's shares. The Court of First In

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Saudi competition law violators face $2.7m fine

The violators of the competition law in Saudi Arabia will face a fine of up to SR 10 million ($2.7 million) following an amendment passed by the Council of Ministers, said a report. Repeated violators of the law would face a doubl

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Bahrain TRA issues ‘Fining Guidelines’

Bahrain’s Telecommunication Regulatory Authority has issued a consultation document of guidelines for setting the amount of fines for violations. The ‘Fining Guidelines’ are part of the authority’s continue

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Bahrain TRA issues ‘Fining Guidelines’

Bahrain’s Telecommunication Regulatory Authority has issued a consultation document of guidelines for setting the amount of fines for violations. The ‘Fining Guidelines’ are part of the authority’s continue

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Saudi to fine rule-breaching airlines

Saudi Arabia’s General Authority of Civil Aviation (Gaca) will impose penalties on carriers that breach rules and regulations, a report said. According to the new instructions issued to carriers that fly Haj pilgrims, Gaca w

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