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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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GEMS Education new brand identity
February 8th, 2015 - 04:59 GMT

GEMS Education unveils new brand identity

Al Bawaba
February 8th, 2015 - 04:55 GMT

No more energy 'crunch'? Egypt working on oil and gas exploration deals worth $9.2 billion

Al Bawaba
February 8th, 2015 - 04:55 GMT

Israel's foreign reserve currency continues to fall

Al Bawaba
February 8th, 2015 - 04:40 GMT

RAK Properties reveals profits of AED 155,743 million in 2014

Al Bawaba
February 6th, 2015 - 09:01 GMT

Saudi, Dubai stocks pull back as oil prices fall

Al Bawaba
February 6th, 2015 - 08:52 GMT

Despite strained resources, Saudi Arabia to up spending on education, infrastructure

Al Bawaba
February 6th, 2015 - 08:41 GMT

A newfound patner: Arab exports to Brazil hit $11.4bn

Al Bawaba
February 6th, 2015 - 05:01 GMT

A 'fashion empire': How Zara is about to make a Lebanese family billionaires

Al Bawaba
February 6th, 2015 - 02:28 GMT

An 'energetic',yet unwise, boom: MENA to invest $755 billion in energy projects despite oil price plunge

Al Bawaba
February 6th, 2015 - 02:15 GMT

Out of its comfort zone: Dubai group to build $2.6bn luxury resort in Bosnia

Al Bawaba
February 5th, 2015 - 09:37 GMT

On again: Gulf states to deposit $10 billion in Egypt


The strategic waterway, the fastest shipping route between Europe and Asia, is a barometer for international trade.
February 5th, 2015 - 09:22 GMT

Feeling confident: Suez Canal Authority reduces discounts for LNG carriers

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