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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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Libya is looking at rebuilding the Sirte-Benghazi railway, the Vice-President of Russian Railways has said
December 13th, 2012 - 08:49 GMT

Is Libya about to go on the rails?

OPEC has decided to maintain current oil output levels
December 13th, 2012 - 08:35 GMT

OPEC to maintain production levels

Saudi Arabia has pledge more money for Syrian refugees and internally displaced people
December 13th, 2012 - 08:27 GMT

Saudi Arabia pledges more aid for Syria

Stocks on the Egyptian bourse remained calm in light of positive political news
December 13th, 2012 - 03:00 GMT

Egyptian stocks steady

Hundreds of  foreign workers in Jordan have taken part in a scheme to help avoid visa fines
December 13th, 2012 - 03:00 GMT

Jordan: Domestic workers take advantage of visa-amnesty

Lebanon's Petrolab has said it will seek Lebanese workers for oil and gas exploration
December 12th, 2012 - 11:00 GMT

Lebanese workers for Lebanese oil

Tunisia and Morocco have been awarded funding from the European Union for various country-specific projects
December 12th, 2012 - 09:20 GMT

EU to fund projects in Tunisia and Morocco

Qatar has been given a $1 billion quota to invest in China, much lower than the $5 billion it had hoped for
December 12th, 2012 - 08:51 GMT

Qatar given $1 billion quota for the Chinese dragon

Libya could be set for more oil exploration
December 12th, 2012 - 08:02 GMT

More exploration for black gold in Libya

Taiwan's HTC is trying to steal more of the lucrative smartphone market
December 12th, 2012 - 07:52 GMT

HTC goes to war with Apple

HSBC has been fined over laundering Iranian and Syrian money in the US
December 12th, 2012 - 07:37 GMT

The world's local bank cleaning Syrian and Iranian money

Sukuk Islamic bonds must reach the market quicker, experts have warned
December 12th, 2012 - 07:21 GMT

Speedy sukuk required

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