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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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This fund will last for three years and benefit around 20,000 students. (Shutterstock)
December 6th, 2018 - 08:59 GMT

Al Ghurair Launches $27 Million Education Fund for Refugees

Saudi Arabia’s major cities and business hubs continue to suffer from a lack of the high-quality grade A stock most sought-after by private and public companies. (Shutterstock)
December 6th, 2018 - 07:25 GMT

Saudi Arabia’s Office Rents Still Dragging Behind

During the knowledge Summit 2018
December 6th, 2018 - 07:00 GMT

‘We Must Support Crazy Ideas’: Knowledge Summit 2018 Hosts Panel Discussion With Winners of the Mohammed Bin Rashid Al Maktoum Knowledge Award

Rosatom
December 6th, 2018 - 06:51 GMT

Rosatom: Nuclear Egypt – The Base of the New Urbanity

During the event
December 6th, 2018 - 06:42 GMT

Oman Post and Oman Airports Launch Two New Interactive Stamps Commemorating Muscat International Airport

WISE Prize for Education Laureate 2017, Dr. Patrick Awuah
December 6th, 2018 - 06:25 GMT

Qatar Foundation: Submissions Open for 2019 Wise Prize for Education

Sohar Islamic delivered a donation covering the cost of workshops intended to help women in Salalah learn how to start and market home-based businesses.
December 6th, 2018 - 06:15 GMT

Sohar Islamic Extends Support to Omani Bahjah Orphan Society

Feras bin Abdullah Al Sheikh, Director of Consumer Sales at Ooredoo
December 6th, 2018 - 05:47 GMT

Ooredoo Gives Customers Even More to Enjoy at Home with Ooredoo TV

There has been some global resistance to cuts in OPEC oil production, with US President Donald Trump pushing Saudi Arabia to pump more oil to keep fuel prices low for Americans. (Shutterstock)
December 6th, 2018 - 03:58 GMT

Will OPEC+ Countries Cut Their Oil Output?

"Examining the reasons for Qatar’s exit from OPEC is a necessity,” Zanganeh said, adding that “OPEC has big problems from some oil producers which Qatar is not a part of.” (Shutterstock)
December 6th, 2018 - 03:46 GMT

Iran Wants to Dig Deeper Into Qatar's OPEC Exit

Wessam Al Asfoor, Head of its privilege and private banking division, Sadara Wealth Management at NBO
December 5th, 2018 - 01:08 GMT

NBO Announces New Head of Sadara Wealth Management

During the UAE's New Arbitration Law workshop.
December 5th, 2018 - 01:02 GMT

Dubai Chamber Workshop Provides Clarity on UAE’s New Arbitration Law

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