World Trade Organization

LONDON: A Saudi Arabia-led consortium withdrew their bid to buy English Premier League club Newcastle United late Thursday. The consortium, led by Saudi Arabia’s Public Investment Fund, businesswoman Amanda Staveley and the Reuben Brothers, had seen their bid left in limbo for months not just over the matter of human rights abuses in the autocratic kingdom, but also over its patronage of pirate operator BoutQ.

Dec 19, 2018 19:12
GENEVA: The World Trade Organization has said it would investigate Qatar's allegations of intellectual property breaches against Saudi Arabia, dismissing Riyadh's objection over what it said were national security concerns.  A Geneva trade official said on Tuesday the WTO had agreed "to establish a panel to rule on Saudi Arabia's alleged failure to provide adequate protection of intellectual property rights".