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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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The UAE is now among 20 countries worldwide that offer the innovative service. (AFP/ File)
October 24th, 2017 - 07:56 GMT

Apple Pay Launches in UAE and Three Other Countries

In this opinion piece, Vitaliy Katsenelson explains why some under-performing companies, like Coca-Cola, still have good stocks, while the opposite is not always true. (File photo)
October 23rd, 2017 - 02:17 GMT

Opinion: Why Good Companies Don't Always Make Good Stocks

The two sides reached an agreement on opening border crossings and developing ports, roads and border areas. (AFP)
October 23rd, 2017 - 11:40 GMT

Saudi-Iraqi Joint Council Stresses Oil, Trade and Private Sector Partnerships

Hiring mothers of Saudi men and women and children of Saudi women is now part of the country's Saudization plans. (AFP)
October 23rd, 2017 - 11:06 GMT

Children of Saudi Women, Foreign Mothers of Saudis to Have Saudi Jobs

Trading of DFM General Index futures is expected to begin later this year. (AFP)
October 23rd, 2017 - 10:31 GMT

Dubai Financial Market Signs Deal to Trade Futures on Nasdaq Dubai

Dubai-based Emaar Properties today confirmed plans to sell a 20 percent stake in its real estate development business. (File photo)
October 22nd, 2017 - 05:00 GMT

UAE, the Middle East’s IPO Haven?

Qatar has announced a new draft law that seeks to protect and boost local production. (File photo)
October 22nd, 2017 - 01:36 GMT

Qatar Announces New Draft Law to Boost National Products

The city’s port is planned to have a capacity to handle two million containers by 2025, instead of 875,000 currently. (AFP/ File)
October 22nd, 2017 - 01:16 GMT

Jordan: $10 Billion Worth of Investments in Aqaba by 2025

This decision allows more than 25 million residents in GCC states to get a visa on arrival at Tunisian airports and border crossing points. (AFP/ File)
October 22nd, 2017 - 01:07 GMT

Tunisia Announces Visa on Arrival for GCC Expats, Citizens

Happy Diwali from Dubai to the world! (YouTube/ Emirates)
October 19th, 2017 - 02:36 GMT

Watch: Emirates Celebrates Diwali With Dubai Residents in Magical Video

Omar Sultan Al Olama, 27 years old, is the UAE's first minister of state for AI. (Pictured here: Sheikh Mohammed bin Rashid Al Maktoum/ File)
October 19th, 2017 - 01:48 GMT

New UAE Cabinet Revealed With Ministers for AI, Advanced Sciences and Food Security

Were you one of thousands of Dubai residents who received a text from Sheikh Hamdan today? (Photo by Kelly Clarke)
October 19th, 2017 - 12:21 GMT

Sheikh Hamdan Invites Residents to Join Dubai Fitness Challenge With.. an SMS!

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