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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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In return, Baghdad would reinstate budget payments to the Kurds, which it had cut early in 2014 as punishment for the region's moves to export oil independently.
February 17th, 2015 - 04:55 GMT

Nothing's permanent, yet: Iraq, Kurdistan final oil deal delayed

Al Bawaba
February 17th, 2015 - 04:40 GMT

Abu Dhabi Ports hosts 4th annual Golf Tournament

“It’s fair to say that the ‘economic miracle’ seen during the 2000s has come to an end,” said Jackson.
February 16th, 2015 - 06:47 GMT

Erdogan's 'unorthodox' views spark fear for Turkish economy

Al Bawaba
February 16th, 2015 - 06:40 GMT

Taking their time: GCC countries still in discussions on VAT

Al Bawaba
February 16th, 2015 - 06:34 GMT

Egypt seeks to ‘diversify’ weapons providers

The price the Dewa managed to get for phase two of the Mohammed bin Rashid Al Maktoum Solar Park has set a new world record in photovoltaic power projects.
February 16th, 2015 - 06:27 GMT

UAE stocks jump on 'stronger' crude

Around 3,500 investors and financial institutions from 120 countries are expected to participate in the conference.CFH will promote four projects in the fields of transportation, real estate development, tourism, petrochemical and industry during the conference.
February 16th, 2015 - 06:21 GMT

Financing grand aspirations: three major investment banks take on Egypt's development projects ahead of Economic Summit

Al Bawaba
February 16th, 2015 - 06:12 GMT

In search for economic 'blessings'? Russia's grand plans to tap Islamic finance

Al Bawaba
February 16th, 2015 - 12:12 GMT

Emirates NBD Asset Management scoops three awards at MENA Fund Manager Performance Awards 2015

Nissan 2015 Juke Launch Event
February 16th, 2015 - 12:04 GMT

Nissan dares to be different at Juke launch event in Dubai

Al Bawaba
February 16th, 2015 - 11:55 GMT

Qatar Airways announces "A World of Fabulous Fares" global sale

During the opening ceremony
February 16th, 2015 - 11:06 GMT

HBMSU launches Innovation Arabia 8 with participation of international experts

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