Paris Saint-Germain owner Nasser Al-Khelaifi (File | AP) 
Football

Egyptian court fines PSG president Nasser Al-Khelaifi for BeIN anti-trust breach

Qatar's BeIN Sports chief executive Nasser Al-Khelaifi, who is also the president of Paris Saint-Germain, was hit with a second anti-trust fine by an Egyptian court on Monday.

From our online archive

CAIRO: Qatar's BeIN Sports chief executive Nasser Al-Khelaifi, who is also the president of Paris Saint-Germain, was hit with a second anti-trust fine by an Egyptian court on Monday.

The court accuses BeIN of forcing its Egyptian customers to replace their existing satellites to obtain their services.

A fine of 400 million Egyptian pounds ($22.7 million, 18 million euros) has been handed down after prosecution by the Egyptian Competition Authority (ECA) in a Cairo economic court.

The fine is the second one BeIN has incurred in Egypt after a similar one was imposed in January.

The decision imposed comes at a politically-charged time for the two countries, with ties between Egypt and Qatar deeply strained.

Egypt was one of several countries including Saudi Arabia, Bahrain and the United Arab Emirates, which broke off diplomatic relations with Qatar in June, accusing it of supporting extremists and being too close to Iran.

Qatar denies the allegations.

BJP accuses Sonia Gandhi of objecting to full Vande Mataram rendition; Congress denies charge

Restoring J&K's special status, statehood essential to strengthen federalism: CM Omar Abdullah

RSS did not protect us from Razakars, Indian Army did: Priyank Kharge rejects Santhosh's claim

PM Modi backs women’s quota, announces youth initiatives in Independence Day address

Mahua Moitra writes to LS Speaker over house eviction order, seeks safety and dignity for women MPs

SCROLL FOR NEXT