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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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Bakers are protesting in Egypt over planned subsidy changes (File photo)
March 20th, 2013 - 03:46 GMT

Bakers protest in Egypt over subsidy changes

Bahrain
March 19th, 2013 - 01:49 GMT

GM of Eskan Bank steps down

Riyadh at night
March 19th, 2013 - 01:23 GMT

Saudi rents soar in cities

Egypt's President, Mohamed Morsi, is hoping that Egypt will join the BRICS group of fast-growing economies
March 19th, 2013 - 11:27 GMT

One BRIC at a time: Morsi thinks Egypt might one day join group of fast-growing economies

Egyptian President Mohamed Morsi is visiting India in an effort to boost trade and tourism between the two nations
March 19th, 2013 - 09:01 GMT

Morsi visiting India to boost trade and tourism ties

Emirates Capital (Trade Arabia)
March 19th, 2013 - 08:50 GMT

Dubai firm oils up in South Sudan

The grant is worth $3.15 million
March 19th, 2013 - 07:57 GMT

Jordan's $3.15 million wish granted by Japan

The World Bank's International Finance Corp is planning to swap local Egyptian currency for dollars
March 19th, 2013 - 07:46 GMT

World Bank's International Finance Corp planning Egyptian currency swaps

Lebanese trucks used to travel freely between to and from Syria (Daily Star)
March 19th, 2013 - 07:14 GMT

Syrian war strangling trade with the neighbours

Arab banks have threatened a pull out from Cyprus (YIANNIS KOURTOGLOU / AFP)
March 19th, 2013 - 06:34 GMT

Arab banks threaten Cypriot pullout over new tax plans

YouTube is extending its "Partner Program" to Egypt and Saudi Arabia
March 19th, 2013 - 03:36 GMT

YouTube to allow users in Egypt and Saudi to monetize videos

Following the Libyan revolution, power supply companies are winning big
March 18th, 2013 - 01:23 GMT

Energy companies winning big as Libya rebuilds

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