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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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Saudi Arabia plans to award contracts for two new solar and wind power plants. (File photo)
February 5th, 2017 - 09:33 GMT

Saudi to invite bids for renewable energy projects in April

The report showed that the gender gap in engagement emerges as employees become more senior. (File photo)
February 5th, 2017 - 09:00 GMT

GCC companies recognize need for more women in leadership roles

An Egyptian man walks down the street at the Khan al-Khalili market in Cairo on May 20, 2016. (AFP/File)
February 5th, 2017 - 07:32 GMT

Middle East economy grows and shows surprising resilience despite political turmoil

European Commission Vice-President Jyrki Katainen, seen January 31, 2017, is in charge of jobs, growth, investment and competitiveness for the EU's executive arm.  (AFP/File)
February 2nd, 2017 - 02:00 GMT

Europe hoping to restart Gulf Free Trade talks

Saudi Oil Minister Khaled al-Falih. (AFP/File)
February 2nd, 2017 - 01:00 GMT

Saudi, Kuwait look to new oil investments in US under Trump

 Development Minister, Lutfi Elvan. (File photo)
February 2nd, 2017 - 12:00 GMT

Turkey’s an attractive country for foreign investments, says Development Minister

The UAE is looking to diversify its market beyond oil exports. (Shutterstock)
February 2nd, 2017 - 11:00 GMT

UAE’s non-oil trade in 2016 shows almost flat growth compared to 2015

The US previously implemented wheat grants in Jordan worth a total of $36 million.
February 2nd, 2017 - 10:04 GMT

Jordan signs deal to receive 100,000 tons of wheat from US in food aid

Tarek Amer, governor of the Central Bank of Egypt, speaks during a recent press conference in Cairo. (AFP/File)
February 2nd, 2017 - 09:48 GMT

Egypt’s Central Bank receives $4 billion from Eurobonds issuance

Last year, Etihad and Lufthansa started working together, and have since announced a code-share agreement that covers four routes. (Wikimedia)
February 2nd, 2017 - 07:00 GMT

Etihad and Lufthansa Airlines sign partnership including $100 million catering agreement

Telecom operators are all affiliated with companies abroad which means the response will be "swift". (File photo)
February 2nd, 2017 - 06:47 GMT

Jordanians boycott telecom services to protest potential fees on apps ‘Whatsapp’ and ‘Viber’

Major projects of Oman Oil Company include the Duqm gas pipeline, a mega crude storage facility at Ras Al Markaz and several other projects in Duqm free zone.  (Wikimedia Commons)
February 1st, 2017 - 01:00 GMT

Oman Oil announces billion-dollar investment in national projects

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