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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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Israeli police have stopped a protest outside an Israeli supermarket near Ramallah
October 25th, 2012 - 08:15 GMT

Israeli police stop protest at supermarket near Ramallah

The Egyptian stock market see a pre-Eid boost on positive news on the IMF visit
October 25th, 2012 - 08:00 GMT

Pre-Eid Egyptian stocks see a boost over IMF visit

Workers at the Ain Sokhna have agreed to end their two-week long strike
October 25th, 2012 - 07:27 GMT

Strike at Egyptian port over

Saudi Airlines have transported 300 Syrians to Jeddah in time for Hajj
October 25th, 2012 - 04:00 GMT

Saudi Airlines to the rescue: 300 Syrian Pilgrims flown to Jeddah for Hajj

Contracts on oil fields in Iraq are being extended
October 24th, 2012 - 01:14 GMT

Iraq: Oil field contracts to be extended

Foreign Direct Investment in the rise in Egypt
October 24th, 2012 - 01:08 GMT

Foreign Direct Investment on the increase in Egypt

Jordan is planning to launch he government’s controversial proposal to lift fuel subsidies
October 24th, 2012 - 12:08 GMT

Jordan plans media campaign over subsidy reductions

Protests banned as oil prices slip up in Kuwait
October 24th, 2012 - 11:42 GMT

Kuwaiti crude price slips as protests are banned

Small mercies for Lebanon'c Central Bank boss Riad Salameh, as there is no sign of a currency flight after the Achrafieh bombing
October 24th, 2012 - 09:35 GMT

Lebanon: financial markets remain calm despite storm

Morsi is trying to stamp out smuggling in Egypt
October 24th, 2012 - 09:26 GMT

New smuggling scandal hits Egypt

Phil Schiller, Apple Senior Vice President of Worldwide product marketing, with the new  iPad Mini
October 24th, 2012 - 08:18 GMT

An Apple a day: Launch of several key products including new iPad Mini

The light are set to go out early in Egypt, even in tourist hotspot
October 24th, 2012 - 05:00 GMT

Lights to go out in Egypt

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