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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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Al Bawaba
February 26th, 2015 - 07:18 GMT

P&G brands win Four Categories at the product of the year Gulf 2015 Awards

Most of this wealth was believed to have been transferred abroad under false names or the names of others holding the assets on his behalf.
February 26th, 2015 - 04:55 GMT

Yemen ex-president accumulated $60 billion in wealth

Community day
February 26th, 2015 - 04:40 GMT

AUC holds second Community Day

He noted that despite the challenges, the Kingdom’s reforms have “greatly” contributed to improving most economic and financial indicators.
February 25th, 2015 - 07:37 GMT

Under scrutiny: IMF team reviewing Jordanian economic reforms

Al Bawaba
February 25th, 2015 - 07:31 GMT

Standing out in the workplace: being normal is not about fitting in

Chief executives say they are taken aback by the scale and speed of the cutbacks
February 25th, 2015 - 07:25 GMT

US shale goes on a 'crash diet'

Al Bawaba
February 25th, 2015 - 07:11 GMT

Construction meets Sharia: settling disputes the Saudi way

Al Bawaba
February 25th, 2015 - 03:26 GMT

Not in a 100 years: November/December 'best option' for Qatar World Cup, says FIFA task force

Al Bawaba
February 25th, 2015 - 02:33 GMT

'Skyrocketing': Gulf purchases of drones to surge after US eases export policy

Al Bawaba
February 25th, 2015 - 02:10 GMT

No longer a 'market darling': Saudi’s Mobily to slash dividends after accounting scandal

Al Bawaba
February 25th, 2015 - 01:47 GMT

An overhaul: Turkish Airlines to spend $3.74 billion this year

For businesses across the world the top reasons to retain and engage employees are linked to performance management and rewards. (Shutterstock)
February 25th, 2015 - 01:18 GMT

HR practices across the GCC: How do they compare?

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