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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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Good news: You get a raise next year. Bad news: It's not much. (File photo)
September 13th, 2017 - 06:00 GMT

GCC 2018 Salary Raises: The Good News and the Bad News

The exhibition, which will be held in Riyadh from 28-30 January 2018, is a key event for the future of the Internet of Things in Saudi Arabia. (Shutterstock)
September 13th, 2017 - 05:00 GMT

Saudi Arabia to Host Major IoT Conference in Early 2018

Sheikh Mohammed during the launch of a new government centre staffed entirely by smart robots. (WAM)
September 12th, 2017 - 05:00 GMT

Sheikh Mohammed Launches Government Centre Staffed Entirely by Robots

Oman has seen trade with Qatar skyrocket by almost 2,000 percent in the past few months. (AFP)
September 12th, 2017 - 11:47 GMT

Oman, the Only Winner in Qatar Crisis

The Zohr gas field is expected to be one of the largest natural gas projects in the Mediterranean region. (AFP/ File)
September 12th, 2017 - 10:49 GMT

Egypt Awards Contract for Zohr Gas Field to US Company Baker Hughes

Apple is expected to unveil on Tuesday the iPhone 8, ten years after co-founder Steve Jobs released the first version. (AFP/ File)
September 12th, 2017 - 10:28 GMT

Is Apple Pushing It Too Far With Its $1,000 iPhone 8?

Nearly nine in 10 people in the UAE (89 percent) are supporting a parent or child financially, according to a study by HSBC. (StockSnap/ Pixabay)
September 12th, 2017 - 10:14 GMT

9 in 10 People in UAE Support a Parent or Child Financially: Study

Sultan bin Saeed Al Mansouri, UAE Minister of Economy, heading the Emirati delegation in Beijing. (Courtesy of WAM)
September 11th, 2017 - 01:46 GMT

UAE, China Boost Economic Ties in 13 Sectors, Including E-Commerce

A report predicts that the two hurricanes will cause nearly $250 billion worth of damage. (AFP/ File)
September 11th, 2017 - 12:43 GMT

Hurricanes Harvey, Irma to Cause $250 Billion Worth of Damage (Podcast)

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, at the opening of Cityscape Global 2017. (Courtesy of Dubai Media Office)
September 11th, 2017 - 12:21 GMT

Cityscape Global 2017 Kicks off in Dubai (Photos)

Russia is considered Sudan's top military partner. (WikiImages/ Pixabay)
September 10th, 2017 - 02:57 GMT

Russia Eyes Joint Investment Projects in Sudan, Including Military

Could Amman see its first metro soon? (SofiLayla/ Pixabay)
September 10th, 2017 - 02:38 GMT

Amman Perfect for a Metro Project, Says a Chinese Study

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