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Money Matters

Money Matters latest

Claudio Tapia
July 12th, 2026 - 09:54 GMT
P. Choiaqo

P. Choiaqo

€42 million of Argentina’s €300 million 2022 World Cup prize laundered in suspected corruption scheme

ALBAWABA - €42 million (around $48 million) out of €300 million ($342 million) of Argentina’s prize money went to shell companies in Florida that were registered just nine days before Argentina’s win, bringing the Argentine Football Federation under federal U.S. money laundering investigations. The case started on December 30th 2025; a complaint was filed with the US Attorney’s Office alleging that the Argentine football federation diverted €42 million of its ...
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Are you ready for VAT? (File photo)
September 6th, 2017 - 12:38 GMT

Consumer's Guide: Zero-Rated and Exempt Goods in UAE's VAT Law

On January 1, 2018, the value-added tax (VAT) will come into effect for the first time in the UAE. (File photo)
September 5th, 2017 - 12:34 GMT

How Small Businesses Can Manage VAT Compliance in UAE

Companies need to prepare for VAT, and now. (File photo)
September 4th, 2017 - 02:50 GMT

How Technology Can Ease Your VAT Burden in UAE

The spiraling cost of education remains a major concern for 80 percent of parents in the UAE. (Shutterstock)
August 31st, 2017 - 12:11 GMT

How to Handle Back-to-School Expenses in the Middle East

Here is good news for UAE residents: There will be no value-added tax (VAT) on air travel, tuition fees and doctor's fees. (File photo)
August 29th, 2017 - 01:26 GMT

Good News for UAE Residents: No VAT on Air Travel, School Fees or Doctor's Bill

The UAE is introducing a 5 percent value-added tax (VAT) as of January 2018. (File photo)
August 29th, 2017 - 12:25 GMT

Pay Zero VAT on These Goods, Services in the UAE

While the 1 percentage point rise in VAT from 10 percent to 11 percent has been widely talked about, it is only one of a raft of new taxes. (File photo)
August 24th, 2017 - 01:54 GMT

VAT in Lebanon: How Much of Your Paycheck Will Go for Taxes?

60 percent of UAE respondents said they do not buy travel insurance when they travel away from the UAE. (File photo)
August 23rd, 2017 - 03:38 GMT

As a Middle East Traveler, Do You Really Need to Buy Travel Insurance?

Mobile wallets can access your bank account when requested. (Shutterstock)
August 21st, 2017 - 12:57 GMT

How to Use Mobile Wallets in the Middle East: Beginner's Guide

Khalifa City A, which is located around 45 minutes away from the city centre of Abu Dhabi, is a good choice for families seeking affordable units to rent. (Shutterstock)
August 17th, 2017 - 12:58 GMT

From Khalifa City to Muroor: 5 Cheapest Places to Rent in Abu Dhabi

Parents usually spend around Dh1,000 ($272) to get one child ready for school. (Pixabay)
August 14th, 2017 - 02:39 GMT

4 Easy Ways to Save Money on 'Back-to-School' Shopping

Be wary of online listings that are not hosted on reputed sites. (Shutterstock)
August 13th, 2017 - 11:28 GMT

Your Step-by-Step Guide to Renting a New Home in Dubai

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