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BUSINESS

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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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Amr Al Menhali, Executive Vice President and Head of ADCB Islamic Banking and Bader Al Hareb, Chief Property Officer at Majid Al Futtaim Properties Communities Business Unit
February 24th, 2015 - 09:52 GMT

ADCB Islamic Banking signs agreement with Sharjah Holding for special home finance offer

KIA Roadshow
February 24th, 2015 - 09:12 GMT

KIA Roadshow gets double the mileage

"The rise in foreign money in European football is nothing new, however investment in shirt sponsorship is increasing more rapidly than ever," said Glenn Lovett, the president of Repucom.
February 24th, 2015 - 09:10 GMT

Scoring high, elsewhere: Gulf investments in European soccer shirts skyrocketing

Al Bawaba
February 24th, 2015 - 08:58 GMT

Relative optimism: oil edges above $59 on signs of economic recovery

Al Bawaba
February 24th, 2015 - 08:52 GMT

Explosion at Gulf Oil Corporation factory in Hyderabad kills two

Cancer Founder Nizar Fakhoury
February 24th, 2015 - 08:51 GMT

Land Rover kicks off ‘My Journey, My Inspiration’ film series with climb for Cancer Founder Nizar Fakhoury

Al Bawaba
February 24th, 2015 - 08:29 GMT

'Mostly soft': Gulf markets consolidate as oil dips

Al Bawaba
February 24th, 2015 - 07:56 GMT

Time to face the fundemantals: GCC economies need fiscal reform to handle oil price volatility

Abu Dhabi International Airport
February 24th, 2015 - 07:37 GMT

Abu Dhabi International Airport sees 20.7% increase in traffic for January 2015

FedEx
February 24th, 2015 - 07:23 GMT

FedEx earns No. 12 spot on the FORTUNE world’s most admired companies list

Dr Karim El Solh, Co-Founder and Chief Executive Officer of Gulf Capital and Clare Woodcraft, CEO of Emirates Foundation at the signing ceremony
February 24th, 2015 - 06:53 GMT

Gulf Capital partners with Emirates Foundation to support youth and education in the UAE

Dine with Doha Bank Cards
February 24th, 2015 - 06:34 GMT

Doha Bank extends its dining offers to your preferred restaurants and cafes in Qatar

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