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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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Iraq has granted Jordan 100,000 barrels of crude oil, after Amman increased the cost of fuel, leading to protests and taxi-shortages
November 28th, 2012 - 08:36 GMT

Iraq grants oil to Jordan

Saudi is warning over the increase in electricity usage
November 28th, 2012 - 07:28 GMT

Saudi warns on electricity use

Turkey is putting strict conditions on a $1 billion loan to Egypt
November 28th, 2012 - 06:52 GMT

Turkey talks tough with Egypt

Contracts have been awarded for desalination plants in Saudi Arabia
November 28th, 2012 - 03:00 GMT

Contracts awarded for water projects in Saudi

Iran has rejected claim that it was to offer free oil to Jordan
November 28th, 2012 - 02:00 GMT

Iran rejects 'free oil' claims

Shops are closing early over fears of violence in Tahrir Square as protesters gear up for a "million man" march
November 27th, 2012 - 12:48 GMT

Egypt: Shops close early for Tahrir protest

Remittances are big business and fuelled by GCC economic growth, according to the World Bank
November 27th, 2012 - 12:36 GMT

World Bank: Remittances fuelled by GCC growth

Russia has been flying banknotes to Syria
November 27th, 2012 - 11:45 GMT

Russia flew 30 tonnes of banknotes to Assad regime, flight logs reveal

Remittances are remain stable in Lebanon despite a difficult year, according to the World Bank
November 27th, 2012 - 10:12 GMT

Lebanon: Remittances to remain stable according to World Bank

Jordan's PM Abdullah Ensour has met with the UKs trade envoy to Jordan
November 27th, 2012 - 09:31 GMT

Jordan tries to sweet talk the UK

A gas tanker is making the first trip across the arctic as ice continues to melt
November 27th, 2012 - 08:37 GMT

World's first arctic tanker crossing

Dubai's  economy is booming
November 27th, 2012 - 08:23 GMT

Dubai's economy booming

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