Monday 24 July 2017
 
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EU slaps Google with record $2.7bn fine

European antitrust officials fined Google a record $2.7 billion for unfairly favouring some of its own services over those of rivals, a report said. The antitrust decision is related to Google’s online shopping service, whic

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Fine launches new jumbo campaign

Jordan-based Fine Hygienic Holding, a leading facial tissue brand in the Middle East, recently launched its latest campaign across all of its categories from facial to toilet tissue, paper towel, and diaper products. Entitled &ldq

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Tawasy Group ventures into fine dining segment

Tawasy Group, a leading UAE-based dining, catering and restaurant management firm, has revealed the opening of its first restaurant ‘Tawasy Restaurant and Grill’, in Dubai Festival City. The restaurant will serve authe

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Qatar Airways fined by US for flying over 'prohibited airspace'

Gulf carrier Qatar Airways was fined $185,000 by the US Department of Transportation for flying over prohibited airspace, said a report. According to a statement from the department, the airline was operating  flights in regi

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US swimmer pays fine for lying to Brazil police

US Olympic gold medallist swimmer Ryan Lochte issued an apology on Friday and his teammate Jimmy Feigen agreed to pay 35,000 reais ($11,000) to a charity after Brazilian police said they lied about being robbed at gunpoint at the weekend.

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Egas wins case over gas cuts at LNG plant

The Paris-based International Court of Arbitration has ruled that Egypt's state gas board Egas will not have to pay a $270 million fine related to gas cuts at its foreign-owned liquefied natural gas (LNG) plant, the petroleum ministry said o

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Qatar Islamic Bank's UK unit fined nearly $2m

The Bank of England said that it had fined QIB (UK), a subsidiary of Qatar Islamic Bank, for failings in reporting its financial resources to the regulator in 2011 and 2012.   The bank's Prudential Regulatory

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Saudi service providers fined $147m over violations

Saudi Arabia’s Communications and Information Technology Commission (CITC) has slapped a fine of SR552 million ($147 million) on several service providers for violating CITC rules and licence conditions during the 12 months ending mid-Octo

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Saudi may impose land fine of up to $26 per sq m

Saudi Arabia's housing minister said on Monday the cabinet has submitted a proposal to the Shura Council to impose a fee of no more than SR100 ($26.67) per square metre on undeveloped lands, according to state news agency SPA.

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Saudi to levy big fines for work visa violations

Employers and brokers in Saudi Arabia will be fined SR50,000 ($13,320) for every single visa violation under a new labour law amendment that came into force today (October 18), a report said. Those selling work visas – popul

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