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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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The US has warned that cyber attackas are making Iran into "a force to be reckoned with"
January 20th, 2013 - 08:04 GMT

US warnings over Iranian cyber wars

Uranium has been found in Egypt and could give a boost to beleaguered economy
January 20th, 2013 - 07:22 GMT

Uranium discovered in Egypt

The IMF is to review Egypt's plans for the country's budget deficit before signing off on any loan
January 20th, 2013 - 04:00 GMT

IMF to review Egypt's budget deficit plans before signing loan agreement

Saudi Arabia has given Palestine $100 million to help with its current economic woes
January 17th, 2013 - 12:56 GMT

Saudi Arabia sends Palestine $100 million

Increasing numbers of Turkish workers are heading to the Middle East to find employment, new statistics show
January 17th, 2013 - 12:43 GMT

Turkey sending more workers to the Middle East

Jordan and Iraq have discussed the possibility of setting up an economic free zone between the two countries
January 17th, 2013 - 12:19 GMT

Jordan and Iraq discuss possible 'Free Zone'

Passenger numbers are taking off at Rafik Hariri Airport in Beirut
January 17th, 2013 - 11:27 GMT

Passenger numbers at Rafik Hariri airport taking off

Airlines in the Middle East are monitoring the situation with Boeing's new 787 Dreamliner aircraft
January 17th, 2013 - 09:28 GMT

Middle East's airlines cautious over Dreamliner

Inflation in the UAE is edging higher, but remains stable, according to new statistics
January 17th, 2013 - 08:51 GMT

Inflation edges up in the UAE

Is it time for better workers right and labour laws in the Jordan?
January 17th, 2013 - 08:18 GMT

Push for better workers rights in Jordan

Egypt has added more areas to the QIZ scheme, which boosts trade with Israel
January 17th, 2013 - 07:33 GMT

Egypt adds two more areas to QIZ scheme

The World Bank has slashed its growth figures for Lebanon, from 2.8 per cent to 1.7 per cent
January 17th, 2013 - 07:09 GMT

World Bank slashes Lebanon's growth figures

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