Monday 21 April 2014
 
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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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Summer work ban fines tripled

Bahrain has tripled fines for companies that breach the summer ban on outdoor work. The maximum penalty per worker caught flouting the rule has more than tripled to BD1,000, while the minimum fine has risen 10-fold to BD500.  

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Open software group complains against Microsoft

A Spanish association representing open-source software users has filed a complaint against Microsoft Corp to the European Commission, in a new challenge to the Windows developer following a hefty fine earlier this month. The 8,00

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Microsoft fined $730m for breaking EU promise

EU antitrust regulators fined Microsoft 561 million euros ($731 million) on Wednesday for breaking a promise to offer European consumers a choice of web browser. Microsoft had made the pledge in 2009 in settling an antitrust inves

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StanChart set for record $7bn profit

  Standard Chartered is set to report its 10th successive record annual profit on Tuesday after strong growth in its core Asian markets offset a big fine for breaking sanctions on Iran.   A $667 mil

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