Sunday 14 February 2016
 
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charges

Additional bank charges on prices ‘unfair’

Charging consumers any additional amount on the prices of goods and services purchases is 'unfair' and the banks that provide automatic payment devices must contractually agree with companies not to load consumers with additional charg

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Saudi Cement to write off unused kilns for $17.6m

Saudi Cement Company will take an impairment charge of SR66.2 million ($17.6 million) in the fourth quarter of 2015 as it writes off the value of two kilns that will remain out of operation indefinitely, it said on Tuesday. Due to

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Saudi Cement to write off unused kilns for $17.6m

Saudi Cement Company will take an impairment charge of SR66.2 million ($17.6 million) in the fourth quarter of 2015 as it writes off the value of two kilns that will remain out of operation indefinitely, it said on Tuesday. Due to

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GCC roaming prices to be lowered next year

Lower roaming prices in the GCC for phone calls, text messages and mobile data will come into effect from next year. The new rates will be applied in two phases, with lower wholesale prices applied to operators on January 1 and retail customer

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84 Bahraini officers ‘facing criminal charges’

A total of 84 policemen, including 16 senior officials, have been referred to courts in Bahrain to face charges relating to police misconduct, it has emerged. They are standing trial for torture, assault that led to death, mistreatment, batter

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Iata disapproves Paris airport charges agreement

The International Air Transport Association (IATA) criticised the decision by the French Government to allow the operator of Paris-Charles de Gaulle (CDG) and Paris-Orly (ORY) airports to continue increasing airport charges for each year of the

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5 Bahraini firm officials accused in food import case

Five company officials are facing charges in connection with spoiled consignments involving Bahrain's main meat and livestock importer. The Bahrain Livestock Company (BLC) employees appeared at the Public Prosecution yesterday

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Poor expats in Bahrain hit by postal rates rise

Poor expatriates living in Bahrain have been hit hard by rising costs of postal charges, according to campaigners. Bahrain Post increased postage rates by up to 300 per cent last December, which has affected businesses, especially

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US assures Russia Snowden won't be executed or tortured

The United States has made a formal promise to Russia not to execute or torture Edward Snowden if he is sent home to face charges of illegally disclosing government secrets, and the Kremlin said Russian and US security agencies are in talks over

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EU banks face action over 'blocking' bourses

Financial data company Markit, the International Swaps and Derivatives Association (ISDA) and 13 banks were charged with blocking two exchanges from entering the credit derivatives market in the last decade in breach of EU antitrust rules.

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