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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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In 2017, UAE, Kuwait and Saudi Arabia registered growth in earnings of 62 per cent, 10 per cent and 9 per cent, respectively. (Shutterstock)
May 2nd, 2018 - 09:53 GMT

Corporate Earnings in the GCC Increased by 16 Percent in 2017: Markaz

12 per cent, have full-time jobs that "engage" them, defined as great jobs. (Shutterstock)
May 2nd, 2018 - 08:34 GMT

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May 2nd, 2018 - 08:20 GMT

Almost Half a Million Expats Exit Saudi Labor Market in 3 Months

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May 2nd, 2018 - 07:23 GMT

UAE Number 1 in MENA Region for Investment in Startups and Number of Deals

Following the emir's visit to Rabigh last year, about 5,000 male and female university graduates were employed by the private sector. (AFP)
May 1st, 2018 - 01:00 GMT

Makkah Project to Employ Over 10,000 Saudi Youths

The announced prices are inclusive of 5 per cent VAT. (Shutterstock)
May 1st, 2018 - 08:00 GMT

UAE Increases Fuel Prices for May

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May 1st, 2018 - 07:00 GMT

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The results indicated that the economic participation of Saudi females has increased by 19.4% compared to 17.8%. (Shutterstock)
May 1st, 2018 - 06:00 GMT

Economic Participation of Saudi Females Rises While Unemployment Rate Remains Stable

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April 30th, 2018 - 11:16 GMT

Jordan Woos Back Tourists After Years of Turbulence

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April 30th, 2018 - 08:34 GMT

Gold Prices Slip as Dollar Climbs

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April 30th, 2018 - 07:53 GMT

Is Bitcoin Really About to Take off to the Moon or Has It Been Shot Down?

Lebanon’s IT market will grow at 10 percent CAGR to LBP 820 billion in 2019. (Shutterstock)
April 30th, 2018 - 07:24 GMT

Internet of Things Boosts Lebanon’s IT Market to LBP 820 Billion by 2019

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