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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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Fuel demand in Jordan is creeping up despite the government raising the prices in November last year
February 4th, 2013 - 08:40 GMT

Jordanians thirst for fuel increases despite price rise

Oman Air is increasing its fleet as well as  increasing operations to India
February 4th, 2013 - 08:08 GMT

Oman Air expands fleet as it takes off to India

 A Kuwait MP has called for a single unitary visa for foreigners visiting GCC nations
February 4th, 2013 - 07:51 GMT

Kuwaiti MP calls for unified GCC visa

The budget deficit in Egypt rose to LE91.5 billion in the first six months of the current 2012/13 fiscal year that began last July
February 4th, 2013 - 05:00 GMT

Egypt's budget deficit soars

Top Technolight executives with guests and key representatives from construction and decoration consultant companies.
February 3rd, 2013 - 02:02 GMT

VIPs see the light in Riyadh

Wine is the only product bucking the trend of declining exports from Lebanon due to the unrest in Syria.
February 3rd, 2013 - 01:56 GMT

Lebanon wine exports to U.K. up by a third — Harpers

Al Bawaba
February 3rd, 2013 - 01:51 GMT

A royal meeting: Saudi prince meets business giant at London's Savoy

The Suez Channel.
February 3rd, 2013 - 01:44 GMT

After leak in Suez Canal it's anchors away for Danish container ship

Poverty has shot up in Iran, where a currency crisis brought on by Western sanctions is adding to people's woes.
February 3rd, 2013 - 01:25 GMT

Iran's rial in the dumps against dollar amid increasing strain from Western sanctions

Only five of the Middle East banks actually show an absolute rise in their brand value for 2013
February 3rd, 2013 - 12:05 GMT

In Middle East, bank brands’ values slide

Banks in the Gulf have capital to spare, and are literally capitalizing on their traditional strengths
February 3rd, 2013 - 11:45 GMT

Gulf banks flush with cash outpace Europeans in MENA — S&P

Consumers want easy, convenient and high-value services at lower costs
February 3rd, 2013 - 09:48 GMT

Jordanians can bank on the web, but branches are a thing of the past - banker

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