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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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The King of Morocco has been in the UAE to discuss strengthening trade relations
October 24th, 2012 - 04:00 GMT

UAE and Morocco discuss boosting bilateral trade relations

Iran could suspend oil exports to the US
October 23rd, 2012 - 01:36 GMT

Iran threaten to suspend oil export to US

Jordan to improve relations with the UK
October 23rd, 2012 - 01:24 GMT

UK and Jordan discuss improving ties

The Emir of Qatar Sheikh Hamad bin Khalifa al-Thani arrived today to start a visit coinciding with the announcement of his countries funding of the rebuilding of Gaza
October 23rd, 2012 - 01:05 GMT

Qatar's Emir visits Gaza to launch projects

Non-OPEC member Oman is increasing its oil output
October 23rd, 2012 - 11:46 GMT

Sultanate pumps 915,000 barrels a day of crude oil

Iraq is planning to increase oil out put and move to renewable energy supplies for domestic needs
October 23rd, 2012 - 09:40 GMT

Iraq to fuel renewable energies

Remittances have pushed up demand for the Jordanian dinar
October 23rd, 2012 - 09:03 GMT

Remittance push up demand for Jordanian dinar

OPEC is choosing its new boss in a meeting in Vienna
October 23rd, 2012 - 08:32 GMT

Time for OPEC X Factor

Slow trade on the Egyptian stock market slowed being blamed on the holiday season
October 23rd, 2012 - 04:00 GMT

Slow trading in Egypt blamed on holiday season

Accusations fly in Iran over money laundering
October 23rd, 2012 - 03:00 GMT

Iranian 'set up international money laundering network', claim opposition

Gas exports to Iran have been suspended after a blast on the Turkish side
October 22nd, 2012 - 12:09 GMT

Iran halts gas exports to Turkey after an explosion

Following the bombing that killed Intelligence Chief Wissam al-Hassan, the private sector has called for the Prime Minister to resign
October 22nd, 2012 - 11:56 GMT

Lebanon: Private sector calls for Mikati to go

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