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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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Fully financed by the Abu Dhabi Fund for Development, ADFD, the UAE-CREF is the largest renewable energy initiative of its kind in the Caribbean, representing a partnership between MOFAIC, ADFD, and Masdar, the project manager and implementing lead. (Shutterstock)
November 7th, 2018 - 07:03 GMT

UAE-Caribbean $ 50 Million Renewable Energy Fund Projects Breaks Ground

Dr Shamsheer Vayalil, Vice Chairman and Managing Director of Amanat
November 7th, 2018 - 06:53 GMT

Amanat Deployed Dh1.2 Billion in the First Nine Months of 2018 in a Diversified Portfolio of Leading Assets

US will continue to negotiate with India and the seven other countries receiving the six-month exemption to get them to cut their Iranian imports to zero. Since the reimposition of sanctions were announced, India has been cutting back on the Iranian imports. (Shutterstock)
November 7th, 2018 - 06:51 GMT

India Officially Exempt From Iran Sanctions

The line would extend from Haifa, Israel’s largest port, passing through Jordan before connecting with existing railways in the Gulf. (Shutterstock)
November 7th, 2018 - 06:46 GMT

Israel's Railway Proposal to Bolster Its GCC Ties Against Iran Sentiments

The design of the reactor has been developed by KACST scientists with the help of international experts. (SPA)
November 7th, 2018 - 06:40 GMT

Bin Salman Attends Saudi Arabia’s First Nuclear Research Reactor Project Launch

GE Digital white paper released at Gulfood
November 7th, 2018 - 06:40 GMT

GE Unveils Future of F&B Industry White Paper At Gulfood Manufacturing 2018

Industry estimates suggest Iran’s oil exports have in fact fallen by 40-60 percent since Trump said in May that he would reimpose sanctions, but 180-day exemptions for Iran’s biggest oil clients could mean they rise again after November. (Shutterstock)
November 7th, 2018 - 06:35 GMT

Iran Oil Exports Fell 60 Percent Since Sanctions, but Officials Deny Such Reports

Grand Millennium Dubai
November 7th, 2018 - 06:09 GMT

Grand Millennium Dubai Debuts 'Just Ask' WhatsApp Service for Hotel Guests

The session was organised by the Federal Tax Authority in collaboration with the Dubai Municipality and Al Aweer Auto Market in Dubai.
November 7th, 2018 - 05:39 GMT

Federal Tax Authority Calls on Retailers to Verify Used Cars Were Subject to Vat Before Applying Profit Margin Scheme

New skate park in Education City
November 7th, 2018 - 05:24 GMT

Qatar Foundation Launches New Skate Park in Education City

SODIC has a diversified residential and commercial portfolio of projects in New Cairo.
November 7th, 2018 - 05:16 GMT

Sodic Opens Newest Sales Centre in New Cairo

During the event
November 6th, 2018 - 01:11 GMT

Bank Sohar Supports Oman Hereditary Blood Disorder Association

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