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 ...

While you certainly should step in and help if you’d like, you don’t want to be empowering people to continue financial recklessness. (Shutterstock)

September 18th, 2016 - 09:17 GMT

Friends, family and finances: Always a complicated mix

Before signing up for a new credit card, understand everything in connection with the usage of the card. (File photo)

September 15th, 2016 - 06:53 GMT

Loan on the phone? Be wary of deceptive credit card offers

If you’d like your money to go to the right place, it is certainly your role to research and investigate rather than respond to the best marketing message. (Shutterstock)

September 11th, 2016 - 10:17 GMT

Give generously, but not to scammers

A research paper published by the International Monetary Fund (IMF) said that inequality is the “defining challenge” of economies worldwide. (Wikimedia Commons)

September 8th, 2016 - 11:25 GMT

Income inequality: How does your country fare when measuring the rich-poor divide?

While some employers in the UAE contribute to education costs at primary and secondary level, the majority of people are left having to pay these costs themselves. (File photo)

September 7th, 2016 - 10:27 GMT

Do you know how much it costs to educate your child in the UAE?

An investment account can help get your children interested in becoming savvy savers themselves. (Pinterest)

September 6th, 2016 - 10:16 GMT

Getting financially fit: Your plan of attack (Part Three)

During depressed markets, property can be sold urgently - sometimes at a loss to the seller - representing an opportunity for buyers to save. (Twitter)

September 5th, 2016 - 12:44 GMT

Take advantage of a depressed housing market and grab a bargain

A good thing about the internet is that bad business practices can’t be covered up easily. (Shutterstock)

September 4th, 2016 - 11:39 GMT

Scouring the web for financial advice? Beware of bias and scams

The use of mobile phone for making payments would result in smaller queues at banks and exchange companies. (Creative Virtual)

August 31st, 2016 - 08:18 GMT

Cashless payments get easier in the UAE as banks get onboard with mWallet

Credit cards are designed to help us dig ourselves into debt and stay trapped there forever. (File photo)

August 30th, 2016 - 12:47 GMT

Eliminating credit-card debt: Balance transfers

Identify your major life goals so that you can determine when you will need to pay for them and how you will ensure you have the funds to do so. (File photo)

August 29th, 2016 - 12:27 GMT

Getting financially fit: Your plan of attack (Part Two)

If you compile a list of these big factors and compare what lenders offer you, you should be able to make an informed decision based on the best rates and terms. (File photo)

August 28th, 2016 - 11:46 GMT

Shopping for financial products? Follow these steps