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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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Iraq has extensive trade ties with Iran and heavily depends on Iranian natural gas imports for electricity generation. (Shutterstock)
November 15th, 2018 - 05:00 GMT

Iraq Will Not Accept US Deadline to Stop Iran Gas Imports

Baeidinejad said the conditions set by the US for Iran so that Washington would stop pressuring Tehran were “impossible to meet.” (Press TV)
November 15th, 2018 - 04:54 GMT

Iran Claims to Have Enough Power to Proceed With Oil Exports Under US Sanctions

The EU foreign policy chief and three European foreign ministers in their statement slammed the re-imposition of Washington's fresh sanctions on Iran. (Shutterstock)
November 15th, 2018 - 04:48 GMT

Netherlands Re-Asserts Europe's Commitment to Support Iran's JCPOA

The 898-article law would be divided into four sub-laws and then forwarded to GCC trade ministers’ council for ratification (Shutterstock)
November 15th, 2018 - 04:43 GMT

The GCC Countries Might Implement a Unified Trade Law

According to security sources, the results of the investigations conducted on the liquor shipment came as an unexpected shock due to the involvement of the religious scholar’s son and the senior official. (Shutterstock)
November 15th, 2018 - 04:38 GMT

Is Kuwait's Liquor Smuggling Facilitated by the Son of a Religious Scholar?

Apart from Bangladeshis, there are 1,000 other migrants from India, Nepal, Ghana and Sri Lanka, Rahman said. (Shutterstock)
November 15th, 2018 - 04:34 GMT

Qatar Accused for Negligence With More Than 300 Bangladeshis Without Salary for 6 Months

“We want you to be inspired, not just by our speakers, but by your fellow guests,” (Misk Foundation)
November 15th, 2018 - 04:28 GMT

What Is Saudi's Misk Global Forum's Agenda Over the Coming Days? and Why Is It Important?

Beijing investments in the region hit $30 billion, as a result of the development of Arab-Chinese relationships in the fields of economy, investment, finance and banking. (Shutterstock)
November 15th, 2018 - 04:24 GMT

Chinese, Arab Trade Hit $200 Billion in 2017

In the first five cycles, the IRENA/ADFD Project Facility allocated $214 million to 21 renewable energy projects across the globe, covering up to 50 percent of the project costs. (Shutterstock)
November 15th, 2018 - 04:19 GMT

Abu Dhabi Fund, IRENA Allocate $ 50 Million for Renewable Energy

The oil sector seeks to encourage new American companies to work in Egypt and encourage existing US companies to pump further investments, he added. (Shutterstock)
November 15th, 2018 - 04:14 GMT

Egypt Eager for US Investments in Its Oil and Gas Sectors

During the event
November 14th, 2018 - 12:56 GMT

Federal Tax Authority: Tax Refunds for Tourists Scheme Ready for Tourists at Abu Dhabi, Dubai And Sharjah International Airports Starting Next Sunday

H.E. Salem Almoosa, Chairman and General Manager, Falconcity of Wonders.
November 14th, 2018 - 12:47 GMT

Falconcity of Wonders Boosts Presence of Dubai’s Luxury Real Estate Market in London

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