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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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Al Bawaba
February 3rd, 2016 - 11:00 GMT

Chugging along: GCC rail projects worth $352B

Al Bawaba
February 3rd, 2016 - 10:00 GMT

Egypt's million-homes money: Ministry receives $383.2M in loans for mega-housing project

The mixed-use waterfront of Sultan Qaboos Port is expected to become a major tourist destination for Oman. (Construction Week Online)
February 3rd, 2016 - 09:00 GMT

Oman's Mina Sultan Qaboos Waterfront project looks to Cape Town for inspiration

Al Bawaba
February 3rd, 2016 - 08:31 GMT

Dam good news: Italy’s Trevi Group wins Mosul repair bid

During Ramadan, working hours are reduced to seven hours a day or 35 hours a week.(File photo)
February 3rd, 2016 - 07:57 GMT

Saudi Council upholds five-day work week for private sector

The refugee influx in Europe has prompted countries to call for more stringent border security measures. (File photo)
February 3rd, 2016 - 06:30 GMT

World Tourism Forum in Istanbul to discuss impact of border security measures

Al Bawaba
February 3rd, 2016 - 05:30 GMT

MENA grads unprepared for workforce: survey

The study found that the majority of Jordanians believe in the saying: “Spend and God will send.” (Shutterstock)
February 2nd, 2016 - 02:48 GMT

Jordan, a nation of overspenders: study

Al Bawaba
February 2nd, 2016 - 12:30 GMT

Cheap oil puts a damper on MENA's IT spending

Al Bawaba
February 2nd, 2016 - 12:00 GMT

Egypt green lights more Gulf of Suez drilling

A Palestinian holds a placard as part of a protest during which they try to set up a tent on 8 June, 2013 near the Jewish settlement of Bat Ayin and the West Bank village of Surif, west of Hebron. (AFP/File)
February 2nd, 2016 - 11:00 GMT

BDS protesters campaign against Israel-Jordan gas deal

Saudi high school students taking their final exams in Jeddah. (AFP/File)
February 2nd, 2016 - 10:37 GMT

Hitting the books: Saudi government toughens the rules on grants for study abroad students

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