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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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There are 19 professions closed to guest labour, while regarding jobs open for these workers, there are set quotas for foreign labour, including 40 per cent in gas stations. (AFP/File)
February 6th, 2017 - 12:00 GMT

One million foreign workers in Jordan estimated to be illegal

Egypt has been struggling to boost its foreign currency reserves in the political and economic turmoil following the January 2011 uprising that toppled former ruler Hosni Mubarak. (AFP/Patrick Baz)
February 6th, 2017 - 11:00 GMT

Egypt’s foreign reserve expected to make a comeback by the end of January at $26 billion

The exchange rate had hovered between 3.71 and 3.69 over the past two days and started trading at 3.6950 as of 9 a.m. (0600GMT) Monday morning. (File photo)
February 6th, 2017 - 10:00 GMT

On a roll: Turkish lira rate on four-week high against US dollar

Tesla's founder Elon Musk is also behind the UAE's concept for a Superloop system. (Shutterstock)
February 6th, 2017 - 09:24 GMT

Tesla rolling into oil-rich UAE, launching first operations in MENA region

The non-oil private sector expects market conditions to continue to improve over the coming year. (Shutterstock)
February 6th, 2017 - 08:00 GMT

Saudi’s non-oil businesses improve, but job growth remains slow

UAE's new visa scheme to attract qualified and highly talented professionals to the country. (File photo)
February 6th, 2017 - 07:00 GMT

UAE's new visa system aims to attract talented workforce

Jordan’s agricultural sector is suffering due to regional conflicts and instability. (File photo)
February 6th, 2017 - 06:00 GMT

Jordan $14 million agricultural project to launch in March

Qatar Airways' new route surpasses Emirates' longest flight by about 600 kilometers. (File photo)
February 5th, 2017 - 03:00 GMT

Qatar Airways set to eclipse Emirates with world’s longest flight

The large-scale renewable energy project will generate five thousand megawatts of energy for the country. (File photo)
February 5th, 2017 - 02:00 GMT

Iran to spend $3 billion on renewable energy projects

Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, visits the Arab Health event. (Twitter)
February 5th, 2017 - 01:00 GMT

Dubai’s ‘Arab Health’ sheds light on 3D printing for medical purposes

The ministry stated that it is concerned with saving energy used by the industrial sector and making it more environmentally friendly to reduce CO2 emissions, adding that Egypt is ranked 11th worldwide in terms of rapidly increasing emission rates. (File photo)
February 5th, 2017 - 12:00 GMT

Egypt to invest $6.5 million to solar energy projects

Velodyne self driving car sensor at the North American International Auto Show media preview January 9, 2017 in Detroit, Michigan. (Shutterstock)
February 5th, 2017 - 11:00 GMT

Israel looking to break into auto industry with intelligent cars

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