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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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An economic slowdown in jordan is reducing consumers spending on food
March 18th, 2013 - 01:10 GMT

Jordan: Economic slowdown leading to a drop on food spending

Tourism in Egypt continues to suffer over security concerns
March 18th, 2013 - 12:59 GMT

Egypt tourist numbers drops again over security fears

Bank workers in Lebanon are taking industrial action over labor agreements
March 18th, 2013 - 12:46 GMT

Now its the bankers turn: more industrial action in Lebanon

Sugar is Brazil's biggest export to the Middle East
March 18th, 2013 - 12:45 GMT

Arab-Brazil trade worth $26 billion

An IMF team  has left Cairo after 'positive' talks (File photo)
March 18th, 2013 - 10:33 GMT

IMF leave Cairo after 'positive' talks

Jordan's Prime Minister met with the President of the EBRD to discuss increasing cooperation
March 18th, 2013 - 10:20 GMT

Jordan: PM and EBRD meet

Economic sanctions against Iran aren't working, officials have said.
March 18th, 2013 - 10:12 GMT

Economic sanctions not forcing Iran to change

Thousands of refugees entered Jordan from Syria last weekend (Photo UNHCR/B. Sokol)
March 18th, 2013 - 08:43 GMT

Syrian influx squeezing Jordan's economy with 160,000 working illegally in the Kingdom

The Lebanese Health Minister Ali Hassan Khalil attends cabinet in September 2012 (Daily Star photo)
March 18th, 2013 - 08:23 GMT

Lebanese government 'making progress' on wage hike as Beirut braces for more protests

The IMF is in Cairo for crucial talks over a $4.8 billion loan (File Photo)
March 17th, 2013 - 11:47 GMT

IMF in Cairo for crucial talks

Employees in Bahrain currently enjoy 30 working days holiday per year
March 17th, 2013 - 11:46 GMT

Bahrain economy under strain as workers take 30 days annual leave

Jordanians protested over economic policies on Friday
March 17th, 2013 - 11:38 GMT

Protests over economic policies in Jordan

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