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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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Recent rainfall has helped  Jordan to replensih some of its dams
November 26th, 2012 - 04:01 GMT

Heavy rain in Jordan helps water situations

Egypt's deal with the IMF could be off after President Morsi's constitutional decision
November 26th, 2012 - 03:00 GMT

'Black Sunday' could cause headache for Egypt-IMF deal

"Black Sunday" for Egypt's economy after Morsi's power grab
November 25th, 2012 - 11:56 GMT

Egypt's economy in trouble on 'Black Sunday'

Time for Dubai 3.0 with a new mega-city plan
November 25th, 2012 - 11:49 GMT

Dubai 3.0 : Time for another Emirati megacity

Kuwaiti Stock Exchange lost ground in early Sunday trading
November 25th, 2012 - 11:35 GMT

Kuwait Stock Exchange drops in early trading

Psy's Gangnam style has seen hundreds of parodies, and the original is now the most viewed video on YouTube
November 25th, 2012 - 10:44 GMT

Gangnam most viewed on YouTube

Stocks sliding in Egypt
November 25th, 2012 - 09:57 GMT

Stocks sliding in Egypt

Algeria is planning a growth pact to restore credibility in the economy
November 25th, 2012 - 08:49 GMT

Algerian government plans "growth pact"

GDP down in Egypt
November 25th, 2012 - 06:56 GMT

Egyptian economy shirinking

The World Bank is to offer financial and technical assistance to Yemen
November 25th, 2012 - 06:40 GMT

World Bank to fund Yemeni projects

Egypt's deficit is on the increase
November 25th, 2012 - 06:00 GMT

Deficit and debt growing in Egypt

Private sector involvement in the economy is rising in Abu Dhabi
November 25th, 2012 - 05:34 GMT

Private sector growing in Abu Dhabi

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