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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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Mr. Majed Essa Al Ajeel, Chairman of Burgan Bank Group
February 24th, 2015 - 06:12 GMT

Burgan Bank Group announces 2014 Earnings

Khalaf Al Habtoor and guests are welcomed at the AUC campus by President Lisa Anderson
February 24th, 2015 - 06:01 GMT

Khalaf Ahmad Al Habtoor establishes scholarships at AUC for 10 students from across Egypt

It said the construction of 3,100 "residential units" began last year in West Bank settlements.
February 24th, 2015 - 04:55 GMT

Taking over: 40% rise in new West Bank settlement houses

During the event
February 24th, 2015 - 04:40 GMT

Capital Club holds Exclusive Dinner with the Four Seasons Hotel

Al Bawaba
February 23rd, 2015 - 08:08 GMT

Giving up on the EU? Greece, Cyprus look to GCC investors

Al Bawaba
February 23rd, 2015 - 07:44 GMT

The case for a minimum wage for expats in Saudi Arabia

Al Bawaba
February 23rd, 2015 - 07:32 GMT

Iran petrochemical exports hit $9 billion

In May 2014, Iran Privatization Organization Director Abdollah Pouri Hosseini said the country would privatize 186 state-run companies in Iranian calendar year 1393
February 23rd, 2015 - 06:00 GMT

Serious about privatization: Iran divested $1.12 billon worth of shares

The comprehensive project plan will be announced within two weeks.
February 23rd, 2015 - 05:49 GMT

Suez Canal infrastructure project to cost $15 billion

The U.S. initially sought restrictions lasting for up to 20 years; Iran had pushed for less than a decade.
February 23rd, 2015 - 05:41 GMT

Contours of US-Iranian nuclear deal shaping up

Al Bawaba
February 23rd, 2015 - 05:02 GMT

Less texting? Phone calls in Saudi Arabia get cheaper

Al Bawaba
February 23rd, 2015 - 04:56 GMT

Misanthropy in the workplace: UAE employees’ trust in top leaders ‘slipping’

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