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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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Etihad Rail has secured key finding to finance signature rail projects
February 27th, 2013 - 08:25 GMT

Etihad rail secures crucial funding

Three of Egypt's mobile phone operators are to be referred to public prosecutors
February 27th, 2013 - 08:10 GMT

Egyptian mobile operators referred to public prosecutors

Lebanon's Energy Ministry signed contracts for new power plants
February 27th, 2013 - 07:53 GMT

Lebanon trying to keep the lights on

Fuel prices are set to rise in Jordan by up to four per cent, according to President of Gas Stations Owners Association Fahed Al Fayez.
February 27th, 2013 - 03:29 GMT

Fuel prices to rise in Jordan

Data is set to overtake voice usage as the big money spinner for mobile operators by 2018, experts predict
February 26th, 2013 - 12:50 GMT

Data to trump voice by 2018

Tunisia plans to create 25,000 jobs with a new industrial zone
February 26th, 2013 - 11:13 GMT

Tunisia to create 25000 jobs with new pilot zone

A team of experts from Saudi Arabia and Bahrain recently held talks in Manama to discuss a rail link between the two nations
February 26th, 2013 - 11:03 GMT

Bahrain-Saudi rail link discussed

Strike action is crippling schools in Lebanon
February 26th, 2013 - 10:21 GMT

Schooling crippled in Lebanon as strike action takes hold

Egypt plans to raise as much as $1 billion by June from the sale of its first Sukuk.
February 26th, 2013 - 09:57 GMT

Egypt to raise much needed capital by Sukuk

Oil from Lebanon is being exported to Syria by ship after protesters blocked overland routes earlier this month
February 26th, 2013 - 08:11 GMT

Fuel heading to Syria from Lebanon by sea

Balance sheets for Lebanese financial institutions are starting to look health, increasing by 14 per cent
February 26th, 2013 - 07:30 GMT

Lebanese banking balance sheets increasing

Mozilla, the group behind the firefox open-source browser, has announced handsets based on its mobile operating system
February 26th, 2013 - 07:03 GMT

Mozilla announces mobile handsets

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