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Spain loses $15 million from world cup while the US gives it to anti-Iran efforts
July 24th, 2026 - 08:28 GMT
Osama Ali

Osama Ali

Spain loses $15 million from world cup while the US gives it to anti-Iran efforts

ALBAWABA — This week, the $15 million figure surfaced in two very different international stories, demonstrating how the same sum of money can be both a significant incentive and a financial setback. On the one hand, it has been reported that Spain, the recently crowned FIFA World Cup champions, may lose almost $15 million of their championship prize due to U.S. taxes. Conversely, the U.S. government has declared a $15 ...
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 Electricite du Liban is only cutting 'undocumented' spending, according to Lebanon's Finance Ministry
April 14th, 2013 - 10:11 GMT

Electricite du Liban only cutting undocumented spending - Lebanon's Finance Ministry

A team from the IMF met opposition figures in Egypt on Saturday
April 14th, 2013 - 09:27 GMT

IMF met Egyptian opposition figures

As demand for oil eased, prices dropped
April 14th, 2013 - 08:47 GMT

Oil prices hit nine-month low

Jordan has released its second tranche of cash support as replacement for the fuel subsidy reductions.
April 14th, 2013 - 07:13 GMT

Second tranche of subsidy support released in Jordan

Lebanese trucks are being re-touted via Homs and Iran before reaching Jordan
April 14th, 2013 - 02:19 GMT

Lebanese trucks to Jordan re-routed via Homs and Iraq

Jordan is continuing its crackdown on workplaces the flout labour law
April 11th, 2013 - 01:37 GMT

Jordan continues crackdown on labour-law violators

Lebanon is planning to raise $1 billion through Eurobonds
April 11th, 2013 - 01:24 GMT

Lebanon to raise $1 billion through Eurobonds

Egypt and Libya have finalized a $2 billion loan agreement
April 11th, 2013 - 01:14 GMT

Egypt and Libya finalize $2 billion loan agreement

Passenger numbers at  Rafik Hariri International Airport in Beirut grew by 17 per cent in March
April 11th, 2013 - 10:46 GMT

Beirut airport passengers numbers take off

Jordan and the IMF have a greed the second funding tranche for the country's beleaguered economy
April 11th, 2013 - 10:25 GMT

Jordan and IMF agree second funding tranche

Inflation in Egypt continues to creep up
April 11th, 2013 - 09:47 GMT

Egypt's inflation keeps on heading up

OPEC is expecting lower oil demand this year
April 11th, 2013 - 09:13 GMT

OPEC cuts oil demand forecast as global bodies lower predictions

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