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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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Tunisia’s Finance Ministry unveiled a government plan to reduce budget deficit. (Shutterstock)
March 18th, 2019 - 05:00 GMT

Tunisia Aims to Reduce Budget Deficit to 2 Percent in 2022

Saudi Arabia is witnessing a rebound in construction activity due to headline infrastructure workloads increasing. (Shutterstock)
March 18th, 2019 - 12:18 GMT

Saudi Construction Sector Witnesses Rebound in Activity

A ban on the insiders' trading at public shareholding companies listed in the UAE capital markets took effect on March 17. (Shutterstock)
March 18th, 2019 - 12:16 GMT

Insider Trading Ban Takes Effect in UAE

Women's incomes in Bahrain have risen by 66 per cent between 2010 and 2017. (Shutterstock)
March 18th, 2019 - 12:13 GMT

Women’s Income in Bahrain Rises 66 Percent Within 7 Years

The robot is designed to offer job seekers interviews that are free from any of the unconscious biases. (Shutterstock)
March 18th, 2019 - 12:05 GMT

Meet Tengai the Swedish Robot: The Only Unbiased Interviewer in the World?

Iran launched a number of new projects aimed to increase its gas production. (Shutterstock)
March 18th, 2019 - 09:54 GMT

Iran Aims to Increase Gas Production From Shared Field With Qatar

Around $20 billion in passive inflows are likely to be spurred by Saudi Arabia’s inclusion in major emerging markets stock indices. (AFP)
March 18th, 2019 - 09:12 GMT

Saudi Presence Injects $20 Billion Into Emerging Stock Markets

Sudan received a $300-million loan from the Arab Monetary Fund to tackle its foreign currency crisis. (Shutterstock)
March 18th, 2019 - 08:57 GMT

Arab Fund Supports Sudan with $300 Million

The Egyptian pound strengthened on Sunday to its highest in over two years. (Shutterstock)
March 18th, 2019 - 08:47 GMT

Egyptian Pound Strengthens to Highest in over 2 Years

Oil Prices Slips Due to Economic Slowdown. (Shutterstock)
March 18th, 2019 - 08:44 GMT

Oil Prices Slips Due to Economic Downturn

The first phase of the new plan will include basic emergency coverage for company employees in Oman. (Shutterstock)
March 18th, 2019 - 08:34 GMT

White Collar Workers in Oman to Get Health Cover First

Facebook said it removed 1.5 million videos globally of the New Zealand mosque attack. (Pixabay)
March 18th, 2019 - 07:55 GMT

Facebook Deletes 1.5 Million Videos of New Zealand Terror Attack

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