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Ali Express app logo / EU flags
July 20th, 2026 - 11:35 GMT
P. Choiaqo

P. Choiaqo

EU fines AliExpress $630 million for sale of illegal products

ALBAWABA - The European Union has landed a hefty fine on retail and e-commerce platform AliExpress, citing that the platform allowed the sale of illegal products including unsafe toys and cosmetics. The main grief the EU has with AliExpress is that it didn’t do enough to halt the sales of the banned items, with illegal goods and counterfeits remaining online on the sites for weeks after being detected. The products ...
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Al Bawaba
February 18th, 2015 - 08:25 GMT

Threats are good? Oil prices hit relative 2015 'high'

Al Bawaba
February 18th, 2015 - 07:33 GMT

Pass the blessings: Lebanese economic minister vows crackdown on companies exploiting oil price drop

Al Bawaba
February 17th, 2015 - 09:05 GMT

'Inventory dynamics': oil could slip below $40 in two months time

Lower oil prices are expected to feed through into reduced economic growth in the Gulf Arab state this year.
February 17th, 2015 - 08:38 GMT

Crunch time: UAE banks' profit growth may fall this year

Al Bawaba
February 17th, 2015 - 12:44 GMT

US-Israeli oil drilling commences in Golan Heights

The study reveals that geopolitical events also intensified the migration of new wealth to the region.
February 17th, 2015 - 11:12 GMT

What oil price slump? GCC's private wealth doubles to $2.2 trillion

Al Bawaba
February 17th, 2015 - 04:55 GMT

Unabated: Gulf countries completed $67.6 billion worth of construction projects in 2014

In return, Baghdad would reinstate budget payments to the Kurds, which it had cut early in 2014 as punishment for the region's moves to export oil independently.
February 17th, 2015 - 04:55 GMT

Nothing's permanent, yet: Iraq, Kurdistan final oil deal delayed

Al Bawaba
February 16th, 2015 - 06:40 GMT

Taking their time: GCC countries still in discussions on VAT

The price the Dewa managed to get for phase two of the Mohammed bin Rashid Al Maktoum Solar Park has set a new world record in photovoltaic power projects.
February 16th, 2015 - 06:27 GMT

UAE stocks jump on 'stronger' crude

Around 3,500 investors and financial institutions from 120 countries are expected to participate in the conference.CFH will promote four projects in the fields of transportation, real estate development, tourism, petrochemical and industry during the conference.
February 16th, 2015 - 06:21 GMT

Financing grand aspirations: three major investment banks take on Egypt's development projects ahead of Economic Summit

Al Bawaba
February 16th, 2015 - 08:49 GMT

The glut persists: oil prices dip once again after 'firm start'

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