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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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Skype has announced that it will be retiring the service in certain versions of Windows. (Shutterstock)
September 4th, 2017 - 02:19 GMT

No Skype for Windows Users in UAE, Starting Tonight

Saudi Arabia has nearly doubled its purchases of US corn this year. (Shutterstock)
September 4th, 2017 - 02:12 GMT

Saudi Arabia Doubles US Corn Imports in 2017: Report

The move is expected to encourage exports to countries such as Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. (File photo)
September 4th, 2017 - 02:01 GMT

Iran Lifts Tariffs on Food Exports to Eurasian Countries

The new VAT will be effective from January 1, 2018. (File photo)
September 4th, 2017 - 01:56 GMT

Saudi Arabia Issues Final VAT Implementing Regulations: Details

Luxury car makers have been hit hard by the regional economic slowdown, but signs of a recovery are emerging. (Shutterstock)
September 4th, 2017 - 01:35 GMT

Gulf's Luxury Car Market Sees Signs of Recovery in 2017: Experts

With this key investment, Propertyfinder joins the Turkish property portal's board of directors. (File photo)
September 4th, 2017 - 12:48 GMT

Dubai's Propertyfinder Buys 17 Percent Stake in Turkish Real Estate Portal

The price of the digital currency bitcoin rose above the $4,680 level for the first time in its nine-year history on Thursday. (Shutterstock)
August 31st, 2017 - 01:48 GMT

Bitcoin Hits All-Time High, Close to $4,700

The data gathered keeps track of the daily total number of pilgrims, classified by their nationalities, time and place of arrival and vehicle types. (SPA)
August 31st, 2017 - 12:46 GMT

Saudi Arabia Uses 400 Statisticians, High-Tech System to Track Hajj Data

Istanbul gets ready to put on a show for shoppers and non-shoppers alike. (Photo by jhencolors/ Flickr)
August 31st, 2017 - 12:01 GMT

Retailers Rejoice as GCC Visitors Flock to Istanbul for Eid Al-Adha Shopping

Chinese President Xi Jinping (R) welcomes visiting Saudi King Salman in Beijing on March 16, 2017. (AFP)
August 31st, 2017 - 11:41 GMT

China's ICBC in Talks With GCC Governments, Firms on Yuan Bonds

Damage is seen in the aftermath of Hurricane Harvey in Katy, Texas, on August 26, 2017. (AFP)
August 31st, 2017 - 11:22 GMT

Hurricane Harvey Shuts Down Largest US Oil Refinery, Owned by Saudi Arabia

The deal would create the second largest listed real estate developer in Abu Dhabi. (File photo)
August 31st, 2017 - 11:04 GMT

Abu Dhabi's Eshraq, Reem Investments in Merger Talks

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