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Spirit airlines
May 2nd, 2026 - 12:50 GMT
Osama Ali

Osama Ali

Spirit airlines sinks during bankruptcy rescue amid Iran war fallout

ALBAWABA - Rising jet fuel prices have caused Spirit Airlines to give up on its recovery plan and start shutting down after failing to get a last-minute loan. The airline confirmed that all flights would be canceled and customer service would be shut down as part of an organized liquidation process. The move comes after failed efforts to get out of its second bankruptcy. Even though a large group of ...
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In the GCC, Saudi Arabia has the largest construction market, accounting for more than 33% of the market share, estimated to be valued at over $850 billion. (Shutterstock)
April 3rd, 2019 - 06:15 GMT

How the Construction Sector Nourishes Saudi Arabia's Economy

There are “other obstacles” that Jordanian produce exporters face when trying to export to Syria. (Shutterstock)
April 2nd, 2019 - 11:09 GMT

Jordan's Exports to Syria Plummet 70 Percent Despite Reopening of Border Crossing

Exactly 593,427 travelled via QAIA in February, marking a 9.2 per cent increase in passenger movement from 2018. (Shutterstock)
April 2nd, 2019 - 09:19 GMT

Over Half a Million Passengers Travelled Through Jordan's Airport in February 2019

The monthly average of the OPEC basket price hit USD 63.83 pb in February and USD 66.37 pb in March. (Shutterstock)
April 2nd, 2019 - 09:03 GMT

OPEC Basket Price Soar to $67.23 pb

2 of the top 5 countries for expat workers were GCC countries. (Shutterstock)
April 2nd, 2019 - 08:49 GMT

Video: 10 Best Countries for Expat Workers

Egypt's oil trade balance achieved for the first time in four years a surplus of $150.8 million. (Shutterstock)
April 2nd, 2019 - 07:59 GMT

Egypt's Oil Trade Balance Achieves Surplus of $150.8 Million

Governmental and commercial entities that go cashless are alleviated from all the burden and risk of handling cash. (YouTube)
April 2nd, 2019 - 07:48 GMT

Bahrain Entities Join the Cashless Field With TAM Dinar

Tunisia raised fuel prices by four percent on Saturday. (Shutterstock)
April 2nd, 2019 - 07:40 GMT

Tunisia Raises Fuel Prices by 4 Percent Amid Rise in Global Prices

Department stores will provide one million jobs for Saudis by 2020. (Shutterstock)
April 2nd, 2019 - 07:29 GMT

Malls in Saudi Arabia to Provide a Million Jobs by 2020

The sum of exports and imports went down by 17.4 percent to reach $1.6 billion over the period. (Shutterstock)
April 2nd, 2019 - 06:42 GMT

Lebanon’s Trade Deficit Falls to $1.2 Billion

About 6 million Saudi women, representing 65 percent, may apply for driving licenses in the near future. (Shutterstock)
April 2nd, 2019 - 06:32 GMT

Women Driving in Saudi Arabia Resulted in Drop of Expat Drivers in Households by 7 Percent

Dubai has successfully maintained its status as the global capital of the Islamic economy. (Shutterstock)
April 2nd, 2019 - 06:18 GMT

Dubai Remains the Global Capital of Islamic Economy

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