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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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Palestinian Banking Sector Growth Influenced by Fintech (Shutterstock)
March 7th, 2019 - 08:32 GMT

Palestinian Banking Sector Growth Influenced by Fintech

Saudi Aramco IPO to Be Launched Within Two Years (Shutterstock)
March 7th, 2019 - 08:12 GMT

Saudi Aramco IPO to Be Launched Within Two Years

Ziad Alexandre Hayek. (Twitter)
March 6th, 2019 - 12:02 GMT

Lebanon Withdraws Nomination of Hayek as World Bank President


Oil prices increased on Tuesday as US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel. (Shutterstock)
March 6th, 2019 - 11:50 GMT

OPEC to Announce Output Policy in June

The Governor of the Bank of England, Mark Carney attends a press conference at the Bank of England in London on February 25, 2019.(AFP)
March 6th, 2019 - 11:50 GMT

Bank of England: No-Deal Brexit to Threaten Financial Stability of UK, EU

One of Libya's most important oil fields is set to reopen nearly three months after it was taken over by an armed group. (Shutterstock)
March 6th, 2019 - 11:39 GMT

Libya to Reopen Major Oil Field After Being Captivated for 3 Months

Tough Decisions Required to Help Lebanon's Crumbling Economy. (Shutterstock)
March 6th, 2019 - 11:35 GMT

US Official: Tough Decisions Required to Help Lebanon's Crumbling Economy

Companies in the United Arab Emirates’ non-oil private sector cut jobs at the fastest pace in almost a decade. (Shutterstock)
March 6th, 2019 - 11:24 GMT

UAE Private Companies Cut Jobs Due to Low Oil Prices, Turbulent Property Market

The Philippines is projected to see its ultra-rich population grow by 38 percent and China was third with 35 percent. (Pexels)
March 6th, 2019 - 11:22 GMT

Study: Asia to Become Home to Over 1,000 Billionaires

Saudi Economy Improving Due to Oil Prices' Recovery. (Shutterstock)
March 6th, 2019 - 11:11 GMT

Report: Saudi Economy Improving Due to Oil Prices' Recovery

Which of These UAE 5 Visas Is the Right One for You? (Shutterstock)
March 6th, 2019 - 10:59 GMT

Which of These UAE 5 Visas Is the Right One for You?

Nearly half of the World Bank’s $18 million loan to overhaul Beirut’s airport will be invested in a “fast-track link” to ease congestion and manage passenger flow before the summer. (Twitter)
March 6th, 2019 - 10:38 GMT

$9 Million 'Fast-Track Link' to Ease Congestion in Beirut's Airport

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