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BUSINESS

BUSINESS latest

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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GCC stock markets raise USD 5.3 billion in IPOs during H1 2023
August 9th, 2023 - 08:27 GMT

GCC stock markets raise USD 5.3 billion in IPOs during H1 2023

Emirates cabin crew numbers cross 20,000 and counting
August 9th, 2023 - 08:11 GMT

Emirates cabin crew numbers cross 20,000 and counting

Ooredoo Launches Special Unlimited Data Deal for Hala Prepaid Customers
August 9th, 2023 - 06:40 GMT

Ooredoo Launches Special Unlimited Data Deal for Hala Prepaid Customers

Volkswagen Appoints Matthias Ziegler as New Managing Director for Middle East Operations
August 9th, 2023 - 06:13 GMT

Volkswagen Appoints Matthias Ziegler as New Managing Director for Middle East Operations

Gathering of international leaders across sustainability, technology, finance, and policy at Forbes Middle East Sustainability Leaders’ Summit to set the scene for COP28.
August 9th, 2023 - 06:05 GMT

Gathering of international leaders across sustainability, technology, finance, and policy at Forbes Middle East Sustainability Leaders’ Summit to set the scene for COP28.

Moody's cut credit ratings of several US banks
August 8th, 2023 - 12:09 GMT

Moody's cut credit ratings of several US banks

Back to the office at Zoom
August 8th, 2023 - 11:22 GMT

Back to the office at Zoom

Sharjah Asset Management and IHG Hotels & Resorts Boost the Emirate’s Tourism Industry With plans for a 191-room voco Hotel in Sharjah
August 8th, 2023 - 11:01 GMT

Sharjah Asset Management and IHG Hotels & Resorts Boost the Emirate’s Tourism Industry With plans for a 191-room voco Hotel in Sharjah

Dell Technologies Launches Partner First Strategy for Storage
August 8th, 2023 - 10:57 GMT

Dell Technologies Launches Partner First Strategy for Storage

Oil prices slip on drop in China exports, imports data
August 8th, 2023 - 10:45 GMT

Oil prices slip on drop in China exports, imports data

Empowering Wellness: Saudi Arabia's PIF launches Kayanee to elevate women's health and fitness
August 8th, 2023 - 10:43 GMT

Empowering Wellness: Saudi Arabia's PIF launches Kayanee to elevate women's health and fitness

NBB Signs Memorandum of Understanding with ERA Real Estate
August 8th, 2023 - 10:09 GMT

NBB Signs Memorandum of Understanding with ERA Real Estate

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