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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 board of Gulf Air has been sacked en masse by Bahraini MPs
December 5th, 2012 - 07:35 GMT

Gulf Air's board sacked en masse

Apple finally released iTunes in the UAE
December 5th, 2012 - 07:02 GMT

Apple lovers rejoice! iTunes released in UAE

Egypt's stock market showed surprising resilience yesterday
December 5th, 2012 - 05:26 GMT

Egyptian stocks surprisingly resilient

The UAE has set up a fund to cover Emiratis debts
December 5th, 2012 - 03:00 GMT

UAE sets aside $420 million to cover personal debts

Lebanon's economic maritime borders are 'non negotiable' according to a Lebanese MP
December 4th, 2012 - 12:49 GMT

Lebanese MP defends maritime economic zone, threatens UN action

Oman is set to hit new highs in oil output
December 4th, 2012 - 12:13 GMT

Oman to post highest ever oil output

Saudi Arabia is loaning Egypt money for development projects
December 4th, 2012 - 11:47 GMT

Saudi signs loans to Egypt

Fears over non-payment have caused disruption to Libya's food supply
December 4th, 2012 - 11:05 GMT

Fears hit food supply in Libya

Turkey will continue to import gas from Iran
December 4th, 2012 - 10:38 GMT

Turkey to continue Iranian gas imports

Lebanon's trade deficit is widening, although exports reported a slight increase
December 4th, 2012 - 09:09 GMT

Lebanon: Trade deficit widening

Oil output in the UAE dropped slightly in October, according to the International Energy Agency
December 4th, 2012 - 07:22 GMT

UAE oil output drops slightly in September

Egyptian media will be on strike on Tuesday and Wednesday over President Morsi's constitutional edict
December 4th, 2012 - 05:51 GMT

Egyptian media outlets on strike

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