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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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Egypt is high on the list of developing countries that receive remittances
November 21st, 2012 - 11:41 GMT

Egypt high on list of remittances hotspots

GCC states look set to offer financial assistance
November 21st, 2012 - 10:40 GMT

GCC to offer aid to protest-hit Jordan

Gas prices dipping in Lebanon
November 21st, 2012 - 10:23 GMT

Easy on the gas in Lebanon as prices dip

Oman is seeking a multi-million dollar deal with the US for more heat-seeking missiles
November 21st, 2012 - 09:18 GMT

Oman seeking more US missiles

Despite the IMF deal, Egyptian stocks still dropped
November 21st, 2012 - 09:02 GMT

Egypt's stocks slide despite IMF deal

The Italian government is trying to talk up investment opportunities to help the cash strapped country
November 21st, 2012 - 08:56 GMT

Italy tries to talk up investment with the UAE

Demand for fuel in Jordan has dropped dramatically since the decision to lift subsidies
November 21st, 2012 - 08:20 GMT

Jordan: Fuel demand drops off dramatically

The UAE has committed itself to stopping  international piracy
November 21st, 2012 - 03:00 GMT

No Long John Silver with the UAE's help

Egypt has reportedly reached an initial agreement with the IMF over a $4.8 billion loan
November 20th, 2012 - 12:46 GMT

Egypt reaches agreement with IMF

Iraq and South Africa have discussed increasing economic ties between the two-nations
November 20th, 2012 - 12:38 GMT

Iraq and South Africa seal the trade deal

Jordanian's living abroad are sending records amounts of money back to the Kingdom
November 20th, 2012 - 12:20 GMT

Jordan: Remittances on the rise to $3.1 billion

Panic trading in the oil markets have caused prices to drop from previous one-month highs
November 20th, 2012 - 12:02 GMT

Crude oil prices slipping up as panic-trading sets in over Middle East violence

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