Saturday 19 April 2014
 
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Jail for pirated goods trader 'upheld'

Saudi Arabia’s Board of Grievances (BOG) has upheld the recommendation of the Ministry of Information to mete out a jail sentence against a trader of pirated goods, a statement said. The conviction is a precedent for merchants to strictly

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Regional lawmakers back mediation forum

A total of 30 lawyers, judges and mediators from across Morocco took part in a recent workshop that focused on mediation as a means of alternative dispute resolution in Rabat, Morocco. The three-day mediation workshop organised by the Bahr

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BCDR arbitration claims total $500m

Around $500 million (BD189 million) has been claimed in 13 resolved cases by the Bahrain Chamber for Dispute Resolution in its first year of operation last year, an official has revealed. This year the Bahrain Chamber for Dispute Resolutio

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Investors buy stocks in AAA rated countries

Investors worried about a weakening global economy have rushed to stocks of countries with higher credit quality such as Germany, Canada and Switzerland, data from EPFR Global showed on Friday. Equity funds investing in those countries pos

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US is still AAA country: Obama

President Barack Obama has blamed a downgrade in the US' credit rating on political gridlock in Washington and said he would offer some recommendations on how to reduce federal deficits. Obama stopped short of sharp criticism of Standard &

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Saudi steps up anti-piracy efforts

The Ministry of Culture and Information (MoCI) of Saudi Arabia has started implementing a number of major anti-piracy measures in a move to establish the Kingdom as a regional leader in anti-piracy efforts. The MoCI, through the personal e

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UAE warning over import of decoders

The UAE Ministry of Economy (MoE) has issued a fresh warning to those involved in illegally importing or selling satellite TV decoders in the country. The ministry has issued letters instructing authorities in all ports of entry in the sev

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AAA in $600m tower developments

AAA Appraisers, the development arm of the Dubai-based AAA International Group, will launch three more towers in Dubai by year-end with an estimated investment of $600 million. The announcement was made during the unveiling of its The Ecli

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