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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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Foreigners investors sold a net SAR 2.34 billion ($624 million) in the Saudi stock market in the week ending 25 October. (Shutterstock)
October 30th, 2018 - 08:23 GMT

Foreigners Selling Saudi Stocks Slows Down to $624 Million, Following Khashoggi Murder

The ITU is governed by the plenipotentiary conference and the administrative council. (Arab News)
October 30th, 2018 - 07:58 GMT

Will Saudi Arabia Be Allowed to Keep Its International Telecommunication Union Membership?

The number of cinema screens is expected to increase by 38.4 percent to 1,800 in the MENA region in the next three to five years. (Shutterstock)
October 30th, 2018 - 07:49 GMT

Step Aside America; India Is Entering the Saudi Cinema Market

Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
October 30th, 2018 - 07:39 GMT

Burgan Bank Announces Another Strong Quarter

During the event
October 30th, 2018 - 07:26 GMT

ADGM Collaborates with Industry-Leading Professional Services Organizations to Launch Entrepreneurship Support Programme

Jasim Husain Thabet, Tabreed’s Chief Executive Officer
October 30th, 2018 - 07:16 GMT

Tabreed Raises $500 Million With New 7 Year Sukuk

LG kitchen appliances such as the InstaView ThinQ™ refrigerator, EasyClean® oven range and QuadWash™ dishwasher maximize efficiency through full connectivity via the SmartThinQ application.
October 30th, 2018 - 07:10 GMT

Connectivity Is Key to Ultimate Convenience, When It Comes to LG Appliances in the Kitchen

Ms Maha Elnashar of WCM-Q leading a session on a course designed to help health professionals develop enhanced emotional intelligence skills.
October 30th, 2018 - 07:03 GMT

WCM-Q Course Boosts Emotional Intelligence for Health Professionals

During the event
October 30th, 2018 - 06:52 GMT

Ford’s Inaugural Entrepreneurship Academy Focusing on Future Transportation and Mobility Accelerates Search for Brightest Tech-Minded Startups in Dubai

The awards, in their ninth year, highlighted the strengthening food and entertainment scene evolving in the UAE’s capital city.
October 30th, 2018 - 06:32 GMT

Friday Fish Market Brunch at Sevilla Restaurant Wins Abu Dhabi’s Favourite Brunch Award

HH Prince Naif bin Sultan bin Mohammed bin Saud Al-Kabeer, Chairman of Zain KSA
October 30th, 2018 - 06:09 GMT

10-Year Anniversary Sees Zain Saudi Arabia Record Its Best-Ever Quarterly Net Profit of SAR48 Million

During the meeting, the Board discussed a detailed report outlining the FTA’s achievements over the past period.
October 30th, 2018 - 05:49 GMT

Federal Tax Authority’s Board of Directors Adopts Budget for 2019

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