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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 DFSA and Bank Negara Malaysia have long enjoyed a strong and close relationship, particularly in the area of Islamic Finance.
December 5th, 2018 - 10:25 GMT

DFSA Signs MoU With Bank Negara Malaysia

Etisalat's partnership with China Mobile
December 5th, 2018 - 10:11 GMT

China Mobile International Joins Etisalat’s SmartHub to Expand Its ME Services

Bitcoin surged to a record $19,511 in December 2017; now it’s nosedived around 82%. (Shutterstock)
December 5th, 2018 - 10:05 GMT

Is Bitcoin Facing a Boom-And-Bust Phenomenon?

The World Cup deals between Britain and Qatar are part of a rise in trade between the two countries which totalled £3.39bn in 2017, an increase of 70% over the last five years. (Shutterstock)
December 5th, 2018 - 09:54 GMT

UK Firms Bag £1.5 Billion Deals From Qatar for World Cup 2022

Iran's reliance on oil revenues in the next Iranian year's budget is no more than 25%. (Shutterstock)
December 5th, 2018 - 09:47 GMT

Can Iran Really Afford to Manage Country's Economy Without Reliance on Oil Exports?

H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. (Pinterest)
December 5th, 2018 - 09:21 GMT

272 Commercial Establishment in RAK Exempted From 50 Percent Renewal Fees, Fines

The pavilion is themed as ‘The Crosspoint for the Future’. (MEConstruction)
December 5th, 2018 - 09:11 GMT

Japan Unveils Its Pavilion Design for Expo 2020 Dubai

11th Marine Conference by ENOC Group
December 5th, 2018 - 09:03 GMT

ENOC Group Hosts 11th Marine Conference 2018

Picture of Vince Cook alongside the latest batch of the Management Training Programme participants
December 5th, 2018 - 08:55 GMT

National Bank of Fujairah Welcomes the Latest Batch of Management Training Programme Participants

Participants from Europe, the Middle East, Asia, and North America convened at a WCM-Q conference to examine the role of the medical humanities in medical education in the Gulf region.
December 5th, 2018 - 08:21 GMT

WCM-Q Conference Explores Medical Humanities in the MENA Region

Orchid’s festive banquet features well-loved holiday dishes from roast turkey to yule log cakes, plus a delightful variety of salads, main courses, and desserts.
December 5th, 2018 - 08:17 GMT

Indulge in Festive Flavours at Ramada Hotels in Ajman

On day two of the event, visitors can witness two bike parades which is expected to see over 800 bikes participate.
December 5th, 2018 - 08:05 GMT

Dubai Festival City to Host Emirates Cars & Bikes Festival

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