Commercial MENA Edition

united states

U.S. Supreme Court to review scope of investor protection laws

To limit the scope of those who can be held liable under laws protecting investors from securities fraud.

technology

U.S. top court mulls Apple's App Store commissions in antitrust case

U.S. Supreme Court on Monday agreed to take up Apple Inc's bid to escape a lawsuit accusing it of breaking federal antitrust laws

taxation

UAE Federal Tax Authority receives businesses’ VAT returns for tax period ending May

These returns were submitted via the e-Services portal

automotive

VW to announce interim Audi leader on Monday - source

Volkswagen Group will name later on Monday an interim leader for its premium Audi brand

saudi arabia

Midday work ban comes into force in Saudi Arabia

No one should be allowed to work under direct sunlight from 12 p.m. to 3 p.m. during the three-month period ending on Sept. 15: ministry

legal

Fitbit's 6 current, ex-staff indicted in Jawbone trade secrets case

The individuals had all worked for the now-defunct San Francisco-based Jawbone

legal

Dubai Courts settles 17 default cases

The settled cases were out of 34 default cases

legal

Abraaj files for provisional liquidation in Cayman Islands

Abraaj has filed a petition in the Cayman Islands, asking the court to appoint PwC as provisional liquidators for the embattled company

automotive

German prosecutor says may conclude further VW probe this year

Volkswagen was fined for failing to prevent diesel emissions cheating

financial services

UAE's Jafar family linked to fund filing lawsuit against Abraaj -sources

Badr Jafar, who sits on Abraaj's board and is the son of Hamid, had not responded to Reuters request for comment on the lawsuit.