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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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Duabi has been revealed as a key part of UK-based tax evaders smuggling network.
January 7th, 2013 - 12:00 GMT

UK tax evaders use Dubai smuggling route

Yemen has confirmed its oil sales for March 2013
January 7th, 2013 - 11:31 GMT

Yemen confirms oil sales

The Egyptian bourse slipped on Sunday but remained unaffected by a cabinet reshuffle
January 7th, 2013 - 11:22 GMT

Egyptian stocks unaffected by cabinet reshuffle

Demand for gas in Jordan has shot up as col weather is expected to hit the Kingdom
January 7th, 2013 - 09:52 GMT

Temperatures in Jordan drop, demand for gas rises

Egypt and the IMF are to hold talks on Monday over the $4.8 bilion lon
January 7th, 2013 - 09:44 GMT

Egypt and IMF set for talks tomorrow

Egypt's foreign reserves dropped by $21 million in December, the Central Bank of Egypt has said
January 7th, 2013 - 03:00 GMT

Egypt: Foreign reserves drop

A $200 million redevelopment project of Tripoli's seafront has come under fire
January 6th, 2013 - 10:56 GMT

NGO attacks seafront project in Tripoli, Lebanon

Dubai is at the centre of the global gold trade, accounting for 29 per cent of the marker
January 6th, 2013 - 10:23 GMT

Dubai no gold digger: Emirate accounts for 29 per cent of market

Morsi has fired his finance minister in a mini-reshuffle ahead of a new round of IMF talks
January 6th, 2013 - 09:56 GMT

Morsi fires finance minister ahead of IMF talks

Iran is planing a crackdown on social media in the Islamic Republic
January 6th, 2013 - 08:42 GMT

New plans in Iran to control social media access

Jordan is desperately trying to slash it's growing budget deficit
January 6th, 2013 - 08:02 GMT

Jordan increases effort to slash budget deficit

Egypt's President Muhammed Morsi is set to meet the IMF next week in an effort to restart talks on the $4.8 bilion loan to the country
January 6th, 2013 - 07:09 GMT

Morsi to meet IMF Monday, reports suggest

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