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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 and Canada has signed agreements designed to boost cooperation in infrastructure and investment
January 27th, 2013 - 07:09 GMT

Lebanon and Canada forge closer ties

An IMF team is current visiting Tunisia to offer technical assistance
January 27th, 2013 - 03:31 GMT

IMF team visiting Tunisia

Poor sales are hitting global computer giant Apple's share price
January 24th, 2013 - 12:43 GMT

Apple products suffering due to imitation and poor sales

The Turkish defence industry has increased exports by almost 36 per cent
January 24th, 2013 - 12:29 GMT

Turkish arms industry increase sales by 36 per cent

The United Bank of Egypt is planning to enter the lucrative GCC banking market
January 24th, 2013 - 11:55 GMT

United Bank of Egypt spreads its wings to GCC

The Egyptian stock market hit a five-month high in daily turnover yesterday
January 24th, 2013 - 11:40 GMT

Egyptian stocks hit five-month high

The International Labour Organisation has warned of a child labour crisis in Yemen
January 24th, 2013 - 09:18 GMT

Child labour a big problem in Yemen

The UN has said that the Syrian uprising has severely damaged the country's agricultural sector, as the Prime Minister holds a meeting to discuss the crisis.
January 24th, 2013 - 08:20 GMT

Syrian PM discusses economy

The Moroccan economy is expected to grow by 4.5 per cent in the first quater of 2013, due to increased agricultural activity
January 24th, 2013 - 07:49 GMT

Morocco: GDP growth expected at 4.5 per cent in first quarter

Lebanon's Prime Minister said that despite a drop in tourist numbers, banking deposits increased
January 24th, 2013 - 07:34 GMT

Banking deposits increasing in Lebanon - PM

Egypt and the IMF are to re-enter negotiations over a much delayed $4.8 billion loan
January 24th, 2013 - 04:00 GMT

Egypt and IMF to enter new negotiations

Iranian oil exports to Iran increased by 43 per cent in the last month of 2012, Bloomberg reported
January 23rd, 2013 - 01:10 GMT

Iran's oil exports to China increase 43 per cent

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