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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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Travel agencies in Saudi Arabia can now issue visas for tourism. (AFP/ File)
December 5th, 2017 - 01:50 GMT

Saudi Arabia Allows Travel Agencies to Issue Tourist Visas

"The UAE supports Jordan, and is returning 'favors' to the Kingdom." - UAE ambassador. (File photo)
December 4th, 2017 - 02:30 GMT

UAE to Build $220 Million Renewable Energy Project in Jordan

Shops found to be employing foreigners will face a fine of SR20,000 ($5,324) for each expat worker. (File photo)
December 4th, 2017 - 02:12 GMT

Saudi Arabia Bans Foreigners from Working in Gold, Jewelry Shops

S&P Global Ratings on Friday lowered Bahrain’s long-term foreign and local currency sovereign credit ratings to ‘B+’ from ‘BB-'. (Shutterstock)
December 3rd, 2017 - 06:00 GMT

Bahrain's Economy Remains Stable Despite S&P Rating: Central Bank

The total investment for the project is likely to hit $400 million. (File photo)
December 3rd, 2017 - 05:00 GMT

Engie Consortium Wins Wind Farm Project in Egypt

Prince Mohammed Bin Salman figures on this year's list of Bloomberg 50 Most Influential People. (AFP/ File)
December 3rd, 2017 - 01:57 GMT

Mohammed Bin Salman Among Bloomberg 50 Most Influential for 2017

Banks across Saudi Arabia are preparing for the transition from one riyal notes to one and two riyal coins. (Courtesy of SAMA)
December 3rd, 2017 - 01:13 GMT

Saudi Banks Prepare to Deal With 1 Riyal Coins, Instead of Paper

The new waterfront project is located along the Red Sea coast and has a total area of 730,000 square meters with a length of more than 4 km. (Courtesy of Arab News)
November 30th, 2017 - 12:11 GMT

Mecca Governor Inaugurates SR800 Million Jeddah Waterfront Project

WHO urges governments to take action. (Shutterstock)
November 30th, 2017 - 11:56 GMT

One in 10 Medicines in Developing Countries Fake, Says WHO Report

Abu Dhabi Securities Exchange (ADX) sees 2,700 percent increase in investor requests between November 26-28. (File photo)
November 29th, 2017 - 03:34 GMT

Number of Investors in Abu Dhabi Bourse Surges Ahead of Adnoc IPO

Prince Miteb bin Abdullah bin Abdulaziz is seen here walking next to Prince Charles. (AFP/ Getty Images)
November 29th, 2017 - 01:08 GMT

Saudi Prince Miteb Set Free After Paying $1 Billion to Authorities

Internet data users in Saudi Arabia enjoy 400 percent more in data volume and 200 percent more in audio bandwidth, according to a new report. (File photo)
November 29th, 2017 - 06:00 GMT

Saudis Enjoy 400 Percent More Internet Data Than Global Average: Study

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