Money Matters | Al Bawaba

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Claudio Tapia

July 12th, 2026 - 09:54 GMT

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 ...

The vast majority of GCC companies will not only need to ensure they accurately determine and report on VAT requirements but, even more importantly, do it efficiently by automating this whole new process. (File photo)

March 12th, 2017 - 08:49 GMT

Getting ready for GCC VAT implementation

A visit to Siem Reap in Cambodia won’t cost you an arm and a leg. (Shutterstock/Tonv)

March 9th, 2017 - 05:00 GMT

Holiday hotspots where you can stretch your dirham further

If you're flying with Emirates and a have a layover of four hours or more, you can collect free meal vouchers at Dubai Airport. (Shutterstock/ Alexandra Lande)

March 6th, 2017 - 08:06 GMT

5 things that you can still get for free in Dubai airport

Loan documents are notoriously overwhelming, so be prepared to ask for clarifications before you sign on the dotted line. (Shutterstock)

March 5th, 2017 - 09:05 GMT

Loan smarts: Questions to ask before borrowing money

'Enough' is the quality of having everything you need and want but nothing in excess, nothing that imposes a burden on you, whatever your income bracket. (Shutterstock)

February 27th, 2017 - 09:19 GMT

When the going is good, don't let financial discipline take a back seat

Although some emergencies may be beyond your control, try to make the best out of the lessons learned from suffering a financial crisis. (Shutterstock)

February 26th, 2017 - 05:30 GMT

How to recover from a financial setback

Family security and safety is without a doubt the number one driver for the vast majority of citizenship applicants coming from the Middle East. (Shutterstock)

February 23rd, 2017 - 08:39 GMT

Cash for citizenship schemes: The benefits of acquiring a second nationality

If you're viewing your savings pot as an emergency fund, you're best off going for an account with no minimum balance requirements. (Shutterstock)

February 21st, 2017 - 08:08 GMT

Savings accounts: The devil's in the details

If what’s driving your decision is simply keeping up with others, and it is not even a want, then you better begin to train yourself on resisting this temptation. (Shutterstock/ VanderWolf Images)

February 19th, 2017 - 05:00 GMT

When keeping up appearances drives you into debt

According to UBS, the UAE is one of the most "advanced countries in terms of its economic diversification", benefiting from a stable political environment and substantial public foreign assets. (File photo)

February 15th, 2017 - 05:48 GMT

Time to go local for investment opportunities: UBS

The bulk of Valentine’s Day spending this year, about $4.3 billion, will go to jewellery, followed by $3.8 billion on an evening out and $2 billion on flowers. (File photo)

February 14th, 2017 - 06:15 GMT

Open your heart, open your wallet: How much are you spending on Valentine's Day?

Some people prefer to have frequent fun activities at a low budget for each rather than having big costly outings that are far in between. (Shutterstock/Fokke baarssen)

February 12th, 2017 - 11:03 GMT

Budgeting for fun without breaking the bank