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BUSINESS

BUSINESS latest

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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During the signing
December 19th, 2018 - 10:02 GMT

Boursa Kuwait Signs Agreement With Ooredoo to Manage Their Disaster Recovery Datacenter

RAK Properties CEO Sam Sidiqi
December 19th, 2018 - 09:57 GMT

Continued Commitment and Vision Lead RAK Properties’ Team to Another Honour From Forbes Middle East for the UAE’s Top 100 Companies

He discovered that his registered SIM card number was replaced with another one. (Shutterstock)
December 19th, 2018 - 09:50 GMT

Expat Loses $1 Million From Bank Account in UAE

Some economists accuse mainstream political parties of contributing to the problem by hiring their supporters to government agencies in order to maintain political influence and improve their chances at election time.(Shutterstock)
December 19th, 2018 - 09:44 GMT

Lebanon Should Lay off Redundant Government Employees, Experts Say

When the report was first introduced in 2006, Jordan was 93rd globally. (Shutterstock)
December 19th, 2018 - 09:36 GMT

Jordan's Ranking Drops in the Global Gender Gap Index Report

The top concerns for UAE managers in 2019 include talent management, the economic climate, globalisation, the evolving world of work, and the implementation of automation. (Shutterstock)
December 19th, 2018 - 09:27 GMT

Salary Increases Expected for UAE Residents in 2019

An account is locked if it appears to be compromised or in violation of its rules or Terms of Service. (Shutterstock)
December 19th, 2018 - 09:20 GMT

Saudi Arabia, China, Suffer From Twitter Bug

By reducing operational costs, secure storage and speedy transactional processing; a greater uptake of this technology is assured. (Shutterstock)
December 19th, 2018 - 09:14 GMT

Opinion: How Could Energy Sectors Deploy Blockchain Effectively

Suspension of operations at the oilfield has reportedly reduced crude oil production by some 315,000 barrels per day. (Shutterstock)
December 19th, 2018 - 09:08 GMT

Libya's Halted Oil Field Costs the Economy $32.5 Million per Day

During the event
December 19th, 2018 - 09:05 GMT

Oman Oil Marketing Company Awarded ‘ACCA Approved Employer’ Certificate

Israel can be of immense assistance to Muscat, especially in the agriculture and the high-tech sectors. (Shutterstock)
December 19th, 2018 - 09:03 GMT

Is Oman Eyeing Stronger Relations With Israel to Boost Its Non-Oil Economy?

UAE has made progress on the parameters of number of women finding roles as legislators, senior officials and managers, as well as in raising the healthy life expectancy of women vis-a-vis men. (Shutterstock)
December 19th, 2018 - 08:56 GMT

UAE Ahead of Other GCC Countries in Gender Equality

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