ABU DHABI, UAE – The Registration Authority (RA) of Abu Dhabi Global Market has fined Baker Tilly Middle East Limited (Baker Tilly) and its registered audit principal Neil Andrew Sturgeon (Sturgeon), an ADGM media release said on Friday. The RA imposed a financial penalty of US$50,000 against Baker Tilly and...

Doha, Qatar - The president of Saudi Arabian football said Roberto Mancini's disappearing act before the end of the penalty shootout in the team's Asian Cup exit was "completely unacceptable". The Italian did not stick around to see South Korea's Hwang Hee-chan eliminate his Saudi side in the last 16 in...

Tehran, Iran--Police in Iran said on Saturday they plan to use "smart" technology in public places to identify and then penalise women who violate the country's strict Islamic dress code. A statement said the force would "take action to identify norm-breaking people by using tools and smart cameras in public places...

Al-Hasa, Saudi Arabia--Cristiano Ronaldo got off the mark for his new Saudi paymasters Al Nassr on Friday with a stoppage-time penalty that rescued a 2-2 away draw against Al Fateh. The Portuguese, who turns 38 on Sunday, buried the spot-kick in the 93rd minute for a point that left the Riyadh club...

PARIS, FRANCE -  Iran on Saturday executed two men for killing a paramilitary force member during unprecedented protests sparked by the death in custody of a young woman. The latest hangings double the number of executions to four over the nationwide protests, which escalated since mid-September into calls for an end...

Almost a year after the Dubai Financial Services Authority (DFSA) imposed a heavy penalty on Arif Naqvi, the founder of Abraaj, for what it termed as fraud, the Financial Markets Tribunal has now upheld the DFSA decision to slap a penalty to the tune of $135.56 million, the largest-ever fine...

Dubai, UAE--The Ministry of Human Resources and Emiratisation (MoHRE) has held a meeting with a number of recruitment agencies in the UAE to discuss the latest developments and ways to benefit from the Nafis platform, helping companies with 50 employees or more achieve the Emiratisation targets of 2% for skilled...

Argentina defeated France 4-2 in a penalty shoot-out to win the World Cup for the third time on Sunday. Argentina captain Lionel Messi scored twice and France striker Kylian Mbappe hit a hat-trick as a thrilling World Cup final finished 3-3 after extra time. Argentinian substitute Gonzalo Montiel stroked home...

Achraf Hakimi struck the decisive penalty to send Spain crashing out and Morocco into the World Cup quarter-finals for the first time, winning 3-0 in a shoot-out on Tuesday after a 0-0 draw.

The Abu Dhabi Global Market (ADGM) has invited public feedback on the proposed amendments to its commercial legislation. As part of ADGM’s ongoing enhancement of regulatory framework, its Registration Authority (RA) is proposing changes, including the introduction of a late filing fees framework. Rather than attracting a penalty, certain late...

France says Amazon’s seller contracts have ‘unbalanced’ clauses.

Tunisian President Kais Saied declared war Wednesday on food speculators amid a shortage of products such as wheat and semolina -- key staples in a country already mired in a political-economic crisis.

Chelsea was handed the prestigious trophy by FIFA president Gianni Infantino.

It was fined €2.4-billion for abusing its search engine dominance.

The fine was for repeatedly failing to delete ‘illegal’ content.

The feat is said to have been achieved due to efforts from Iraq’s embassy in Moscow and ‘in coordination’ with Belarus.

The Central Bank of the United Arab Emirates has penalized six exchange houses for flouting rules to combat money laundering and illicit financial flows.

Anyone guilty of making a threat to another person on the web will get a prison sentence of up to two years in the UAE, besideS having to pay a hefty penalty too.

Those who have not filed VAT returns would see a fine of up to OMR5,000 (around $13,000) imposed on them.

Boeing has already lost $20 billion in fines, lost orders, and other costs, due to these two crashes, both of which involved the 737 Max aircraft. Not the least of these was the $2.5-billion fine levied on it by the US Department of Justice in January this year.

The country has said it will take legal action against the construction of manmade or artificial lakes in farms for the purpose of investment or entertainment.

Saudi Arabia will criminalize and combat human trafficking through a set of actions and measures that ensure human dignity and protect it from all forms of abuse and exploitation.

UAE tax authorities have assured penalized tax-law violators that they can apply to have the penalty reduced or exempted To get this done, applicants must provide a proper “excuse,” bolstered by evidence   The United Arab Emirates’ Federal Tax Authority said in a statement on Wednesday, May 26, that individuals...

The companies were asked to speed up the amendment of their conditions to avoid penalties stipulated by the Federal Law The measures could lead to suspension of the license or closure of the facility itself The UAE Ministry of Economy (MoE) has called on establishments belonging to the Designated Non-Financial...