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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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Mall in Saudi Arabia
March 24th, 2013 - 10:51 GMT

GCC and MENA aren't saving: Almost 3 in 10 save nothing at all

Suez Canal, Egypt
March 24th, 2013 - 08:20 GMT

Super Saturday at Suez: Good news for Egypt's battered economy as canal records best day of 2013

President Obama and King Abdullah arrive at a press conference (AFP Photo)
March 24th, 2013 - 08:07 GMT

Relief in Jordan at US plans to guarantee government bonds

Visitors at the Dubai World Trade Centre (Gulf News Photo)
March 24th, 2013 - 06:42 GMT

2012 a record year at Dubai's World Trade Centre

Strikers stop the traffic in Beirut (Daily Star)
March 24th, 2013 - 06:15 GMT

Strike's out! Open-ended protests halted as salary scale bill set to pass in Lebanon

Iran's President Mahmoud Ahmadinejad and Egyptian President Mohamed Morsi
March 21st, 2013 - 02:13 GMT

Charter flights between Egypt and Iran to resume

Bahrain's telecoms watchdog is facing legal action
March 21st, 2013 - 10:51 GMT

Bahrain's telecom watchdog facing legal action

India could invest up to $400 million in Egypt
March 21st, 2013 - 10:30 GMT

Egypt could receive up to $400 million of Indian investment

GCC countries and Iran have sealed a key telecoms deal, it was announced on Wednesday
March 21st, 2013 - 10:17 GMT

Iran and GCC in key telecoms link-up

The LMA has refused Egyptian banks access to the domestic market
March 21st, 2013 - 10:10 GMT

No entry! Libya blocks Egyptian bankers

Royal Jordanian will transfer all its flight operations to the new terminal at Queen Alia International on Thursday
March 21st, 2013 - 09:06 GMT

Up, up, and away! Jordan's new airport terminal ready for takeoff

Protestors near Beirut airport earlier in the week (Daily Star)
March 21st, 2013 - 08:55 GMT

Airport and schools out of action as strikes spread in Lebanon

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