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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
January 4th, 2015 - 11:17 GMT

'The father of Sharm el-Sheikh': Egyptian business tycoon asks for his assets back

Al Bawaba
January 4th, 2015 - 10:37 GMT

Emotional, or more like 'financial', blackmail? Israel withholds Palestinian tax revenues

Al Bawaba
January 4th, 2015 - 04:22 GMT

The most vulnerable? Oil price slump aggravates South Sudan's economic woes

Al Bawaba
January 4th, 2015 - 04:14 GMT

What's more common in the UAE- Nokia or the iPhone 5s? Make a second guess!

Al Bawaba
January 4th, 2015 - 04:05 GMT

It may be 2015, but oil prices are what they were during the Grand Recession: what will the new year hold for the ME's economies?

Al Bawaba
January 4th, 2015 - 03:53 GMT

Who needs caution when you have the Expo? Dubai passes highest budget since financial crisis

Al Bawaba
January 4th, 2015 - 12:25 GMT

UAE Ministry of Economy steps up preparations for 5th Annual Investment Meeting 2015, which has attracted representatives from 140 countries

During the event
January 4th, 2015 - 12:00 GMT

Winning Georgetown University student beats out the competition at ARC 2014

Al Bawaba
January 4th, 2015 - 11:07 GMT

Breaking: Jordan suspends 'historic' $15 billion gas deal with Israel

Al Bawaba
January 4th, 2015 - 10:38 GMT

Promises vs. reality: What did Sisi do for Egypt's economy in 2014?

Nimish Dwivedi, Head of Payments at Mashreq
January 4th, 2015 - 10:08 GMT

Mashreq guarantees the most relaxing shopping experience this DSF

During the event
January 4th, 2015 - 09:58 GMT

DEWA builds AED 98 million largest regional green vehicle workshop

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