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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 telecom sector in Jordan is subject to different taxes that are considered the highest in the region. (Shutterstock)
February 13th, 2017 - 06:00 GMT

Jordan's higher telecom taxes impede plans to become regional ICT hub: Telcos

Once shunned in favour of prestigious foreign brands perceived to offer higher quality, Egyptian-made products are much more affordable for customers who are increasingly price-conscious. (Wikimedia Commons)
February 13th, 2017 - 05:16 GMT

Egyptians buy local as currency devaluation bites

When it comes to the question of cyber-security, organisations in the region have shown a rather cavalier attitude, dominated by a ‘why me?’ mind-set. (Shutterstock)
February 12th, 2017 - 12:32 GMT

MENA M&As are prime targets for cyberattacks: FireEye

The number of the Danish tourists that visited Egypt reached 100,000 in 2009, according to the latest statistics by Egypt's State Information Service. (AFP/File)
February 12th, 2017 - 11:00 GMT

Denmark and Norway remove travel restrictions to Egypt's South Sinai cities

Companies in Oman have been facing problems when it comes to employing Omanis due to their salary expectations. (Shutterstock/Aisyaqilumaranas)
February 12th, 2017 - 10:00 GMT

Invest in training to achieve target Omanization ratios: Industry experts

Dana Gas reported a full year revenue of $392 million as compared to $417 million in 2015. (Shutterstock)
February 12th, 2017 - 09:00 GMT

Unpaid dues from Egypt, Kurdistan hit UAE's Dana Gas profits, investment plans

The gathering will allow leaders to discuss the current challenges the world face today, including economic, political and environmental, as well as the rapid innovations in science and technology.
February 12th, 2017 - 08:00 GMT

World Government Summit 2017 kicks off in Dubai

The Euro Disney share swap transaction was valued at $151M.  (AFP/Mehdi Fedouach)
February 12th, 2017 - 07:00 GMT

Al Waleed's Kingdom Holding Company pockets $61M in Euro Disney share swap

Tourism to Aqaba, Jordan is benefiting from the strong demand of local and Scandinavian countries. (File photo)
February 12th, 2017 - 06:00 GMT

Colliers names Aqaba, Palm Jumeirah as 2017 tourism hotspots

Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates airline and Group at the 2010 Berlin Air Show. (AFP/Sean Gallup)
February 12th, 2017 - 05:16 GMT

Gulf airlines subsidy row: Emirates has invested $140B in the US

Earlier this month, the Cabinet decided to deduct 10 per cent of any sum above JD2,000 in monthly salaries of civil servants, and set a cap of JD3,500 on public sector salaries. (Shutterstock)
February 9th, 2017 - 02:00 GMT

Jordan increases minimum wage, raises taxes to narrow deficit

The 18-hole course, designed by Gil Hanse, is part of Damac Hills, near Dubai Studio City and Arabian Ranches, a large residential neighbourhood popular with expats. (YouTube)
February 9th, 2017 - 01:00 GMT

Trump's sons to officially open Trump International Golf Club at Damac Hills Dubai

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