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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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Lebanon has launched a new E-portal to help job-seekers find employment
January 28th, 2013 - 11:01 GMT

Lebanon launches employment E-portal

Egypt's Shura Council has approved the appointment of Hisham Ramez as the new governor of the Central Bank
January 28th, 2013 - 10:01 GMT

Egypt approves new Central Bank governor

Iran denies there was an explosion at the Fordow nuclear facility
January 28th, 2013 - 09:00 GMT

Iran denies reports of explosion at nuclear facility

Turkey is set to help the semi-autonomous Kurdistan region establish a new housing institution
January 28th, 2013 - 08:11 GMT

Turkey to boost Kurdistan housing plan

Protesters attacked an electricity company in Port Said, with one building catching fire, according to reports.
January 28th, 2013 - 03:00 GMT

Egypt: Protesters attack electricity company in Port Said

The Egyptian stock market tumbled on Sunday after a weekend of heavy clashes across the country left many dead
January 27th, 2013 - 10:59 GMT

Egypt's stocks tumble over Port Said violence

The Islamic Development Bank is considering offering loans to Lebanon for infrastructure projects
January 27th, 2013 - 10:43 GMT

Saudi's IDB mulls funding Lebanese projects

Iranians are looking at investing in Turkish and the UAE housing market, according to a new survey
January 27th, 2013 - 10:18 GMT

Half of Iranians plan investment in Turkey and the UAE, new survey shows

Saudi Arabia has warned against a currency war, saying it would hurt the global economy
January 27th, 2013 - 09:48 GMT

Saudi Arabia warnings over "currency war"

Palestinians in Lebanon will now be able to access the National Social Security Fund, according a statement
January 27th, 2013 - 08:36 GMT

Palestinians in Lebanon gain access to social security fund

Global oil giant Exxon has overtaken Apple as the world biggest company, after the iPhone maker's share price dropped
January 27th, 2013 - 08:08 GMT

Exxon takes the sweetness out of Apple

Morocco is facing a dire shortage of housing, according to a government official
January 27th, 2013 - 07:16 GMT

Housing shortage in Morocco

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