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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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As government paramilitaries are deployed, the government announces the economy is set to grow.
November 11th, 2012 - 08:01 GMT

Economy to grow in Bahrain as paramilitaries depolyed

Troubling news for the Central Bank of Egypt as inflation creeps up
November 11th, 2012 - 07:26 GMT

Egypt's inflation continues to grow

Iraqi Prime Minister Nuri Al Maliki's office has said that it is cancelling a $4.2 billion dollar arms deal with Russia
November 11th, 2012 - 06:46 GMT

Iraq cancels billion-dollar arms deal

Can Tehran control inflation?
November 11th, 2012 - 04:00 GMT

Iran's inflation creeps up

Internet speeds in Lebanon have improved dramatically as the country prepares for 4G connectivity
November 11th, 2012 - 03:00 GMT

Surf's up in Lebanon: Internet speeds increase dramatically

The GCC's General-Secretariat has been tasked to study the presented visions and comment on them
November 8th, 2012 - 01:28 GMT

A Gulf union vies to usurp GCC

Djibouti started to develop an Islamic finance industry five years ago
November 8th, 2012 - 01:12 GMT

Djibouti's plants seeds for human capital with a new Islamic finance institute

Hospitality sector vows to ignore smoking ban
November 8th, 2012 - 08:45 GMT

Restauranteurs protest losing their business: Some Lebanese still not come round to 'not' smoking

US judge dismisses Hamas financing suit against Arab Bank
November 8th, 2012 - 08:09 GMT

US judge to Israeli-American plaintiff: Hamas-Arab Bank link won't stand up in court

iphone 5
November 8th, 2012 - 03:00 GMT

UAE left on hold for iPhone 5

A fire burns on a gas pipeline in the town of Al Arish, North of Sinai. The pipeline, which supplies gas to Jordan and Israel, has come under attack at least 15 times since Egyptian resident Hosni Mubarak was toppled in 2011
November 7th, 2012 - 12:12 GMT

Energy dispute runs out of gas as Egypt agrees to boost Jordan's supplies

RJ to suspend flights to Muscat
November 7th, 2012 - 11:31 GMT

Amman-Muscat airplane-pooling agreement brings RJ and Oman Air under one flight

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