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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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Non-Yemeni firms are becoming the driving force in the oil industry
October 21st, 2012 - 09:15 GMT

Foreign companies oil the wheels of industry in Yemen

Jordan is planning on forging closer economic ties with Ukraine
October 21st, 2012 - 09:06 GMT

Jordan and Ukraine talks aim to improve relations

Tourist guides are planning a strike in November
October 21st, 2012 - 08:07 GMT

Egypt: Tourist guides are planning an open-ended strike

Saudi Arabia is planning a round of major investment in Yemen
October 21st, 2012 - 07:47 GMT

Saudi Arabia planning 'mega-investment' in Yemen

Oil exports in the south of Iraq is set to increasing to record levels
October 21st, 2012 - 04:00 GMT

Iraq heading for record oil exports

Iran looks set to take the EU to court over "illegal sanctions"
October 18th, 2012 - 01:00 GMT

Iranian oil firms to EU: "We'll see you in court"

Gas fields of Lebanon's coast could be potentially lucrative
October 18th, 2012 - 12:46 GMT

Talks under way in London over Lebanon's gas fields

Is Palestine laundering money for Israeli Arabs?
October 18th, 2012 - 12:24 GMT

Israel accues Palestine of money laundering

Is the wind being knocked out of Saudi's  sail?
October 18th, 2012 - 11:44 GMT

Saudi nonoil products slip up

Egypt is set to announce details of an important gas auction
October 18th, 2012 - 09:48 GMT

Egypt looking set to be cooking with gas

In a worrying sign for MENA economies, China recorded slower economic growth for the seventh quarter
October 18th, 2012 - 07:27 GMT

China slowdown worrying sign for the Middle East economies as oil revenues could slip

Strike fever is catching in Lebanon as public sector workers continue industrial action over delays to pay increases
October 18th, 2012 - 07:07 GMT

Strike fever catching in Lebanon

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