Volkswagen's problems continue to mount in South Korea, where it faces criminal charges and a record fine of over $31 million (around AED 113 million) for making false advertising claims about diesel emissions. South Korea has already suspended most sales of the German automaker since August. The country's trade regulator said Volkswagen had falsely claiming their Korean fleet matched the European Union’s strict emission standards. According to media reports, this is the largest fine levied for false advertising.
Ira Spitzer reports from Berlin
FNC proposes Euro-Mediterranean and Gulf AI hub at economic forum
UAE calls for stronger Euro-Mediterranean, Gulf cooperation
Dubai's DGCX to launch region’s first Gold Spot T+0 Contract
AD Ports launches new logistics link between UAE and Iraq
Kuwait plans to boost oil output to 2 million bpd in a week
