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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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The photo is the artwork of Sara Shakeel, formerly a dentist and now a crystal artist. (KhT)
December 6th, 2018 - 11:38 GMT

Emirates Goes the Extra Mile With Diamond-Encrusted Plane

A woman was fined Dh150,000 for taking a photograph of another woman and posting it on social media in Abu Dhabi. (KhT)
December 6th, 2018 - 11:25 GMT

Expat Ordered to Pay Dh150,000 Fine for Not Seeking Permission to Take a Woman's Photo

The Nokia 8.1 will be available in the UAE from December 15 for Dh1,499. (KhT)
December 6th, 2018 - 11:20 GMT

Nokia Reveals New 'Value Flagship' 8.1

The UAE, which is ranked 19th at the global level, also retains its second place globally on the economy index. (TA)
December 6th, 2018 - 11:13 GMT

UAE Leads Arab Nations in Global Knowledge Index

There are fears that VAT will have negative implications for businesses and individuals in Bahrain. (Shutterstock)
December 6th, 2018 - 11:02 GMT

Grasping the Essentials From VAT Implementation in Bahrain

Khashoggi, a Saudi journalist and columnist for The Washington Post, went missing after entering the consulate. (AFP)
December 6th, 2018 - 10:48 GMT

Sean Penn Begins Work on Khashoggi Murder Documentary

It is designed to form the cornerstone of the Duqm Special Economic Zone, Oman's next industrial center. (Shutterstock)
December 6th, 2018 - 10:41 GMT

Oman’s Duqm Refinery to Receive $ 4.6 Billion in Loan Agreements

Qatar has emerged as the best performing stock market this year with a rise of more than 24 percent till date. (AFP)
December 6th, 2018 - 10:33 GMT

Despite Blockade, Qatari Stocks to Attract $5 Billion in Foreign Funds

The two neighboring states hold longstanding economic ties, through joint industrial projects, and trades of goods. (Shutterstock)
December 6th, 2018 - 10:25 GMT

Iraq Eager to Strengthen Ties With Iran

Royal Air Maroc is expected to be implemented into oneworld in mid-2020.
December 6th, 2018 - 09:45 GMT

Royal Air Maroc to Join Oneworld Besides Royal Jordanian and 12 Global Carriers

Huawei
December 6th, 2018 - 09:39 GMT

Huawei to Launch Its First Main Saudi Flagship Showroom in January 2019

The projects aim to improve local government services and the quality of life of local residents. (Shutterstock)
December 6th, 2018 - 09:33 GMT

Abu Dhabi to Revitalise Al Dhafra Region With $1.1 Billion Infrastructure Development Projects

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