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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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 All You Need to Know About Dubai's Free Zones. (Shutterstock)
March 12th, 2019 - 10:37 GMT

All You Need to Know About Dubai's Free Zones

President Donald Trump proposed the highest budget in U.S. history Monday with a record $4.7 trillion request to Congress. (Shutterstock)
March 12th, 2019 - 09:48 GMT

Trump Proposes $4.7 Trillion, Highest Budget in US History

Brent closed Friday at $65.08 per barrel while WTI traded at $55.69 per barrel. (Shutterstock)
March 12th, 2019 - 09:40 GMT

Brent Crude Rises Slightly to $66.27

Privatization of Oman's Power Companies to Cut Bills for Consumers. (Shutterstock)
March 12th, 2019 - 09:10 GMT

Privatization of Oman's Power Companies to Cut Bills for Consumers

Saudi Arabia Invites Bids for 7 Solar Projects Worth $1.51 Billion. (Shutterstock)
March 12th, 2019 - 08:57 GMT

Saudi Arabia Invites Bids for 7 Solar Projects Worth $1.51 Billion

The digital transformation means that a smaller workforce can perform and keep track of their activities and timelines. (Shutterstock)
March 12th, 2019 - 08:36 GMT

The Role of New Technologies in Accelerating the Startups' Growth

A recent survey by an online recruitment firm revealed a 9 per cent growth in UAE's employment sector in 2019. (Shutterstock)
March 12th, 2019 - 08:22 GMT

More Than 8,500 Jobs Created in Dubai in 2019

Overall economic expansion for fourth quarter of 2018 estimated at 4.4%. (Shutterstock)
March 12th, 2019 - 08:11 GMT

UAE's GDP to Increase to 3.5 Percent in 2019

Uber's rival in the region, Careem, topped this list by raising $200 million to expand its services. (Shutterstock)
March 11th, 2019 - 12:51 GMT

Video: 10 Biggest MENA Tech Investment Deals in 2018

Dubai Private Sector Not Hiring Despite Stable Economy. (Shutterstock)
March 11th, 2019 - 12:12 GMT

Dubai Private Sector Not Hiring Despite Stable Economy

Iraqi, Kuwaiti Ports: From Competitors to Partners. (Shutterstock)
March 11th, 2019 - 12:02 GMT

Iraqi, Kuwaiti Ports: From Competitors to Partners

The announcement aims to drive the development of the AgTech ecosystem. (Shutterstock)
March 11th, 2019 - 11:31 GMT

Abu Dhabi Aims to Become Global AgTech Centre

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