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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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Pius D’Souza, Hawthorn Suites by Wyndham JBR Revenue and Reservations Manager
December 17th, 2018 - 10:09 GMT

Hawthorn Suites by Wyndham Hires New Revenue and Reservations Head

The year 2018 saw some cool gadgets. (Shutterstock)
December 17th, 2018 - 09:58 GMT

Add These 5 Gadgets to Your Last-Minute Christmas Shopping List

The event, hosted by The Biggest Palestine Festival group, is held over a period of two days every year in an exhibition centre that holds up to 30 stalls as well as hosting musical performances, conferences, lectures and an array of art exhibitions. (Shutterstock)
December 17th, 2018 - 09:45 GMT

London Biggest Palestinian Festival Globally

Euisun Chung, Executive Vice Chairman of Hyundai Motor Group
December 17th, 2018 - 09:42 GMT

Hyundai Motor Group Reveals ‘FCEV Vision 2030’ To Accelerate the Development of a Hydrogen Economy

During the event
December 17th, 2018 - 09:35 GMT

Elaf Group Organizes International Roadshows to Boost Saudi Arabia’s Tourism

The police received reports on the gang calling victims about a Dh200,000 prize they had "supposedly won from a telecommunications company". (Ajman Police/Twitter)
December 17th, 2018 - 09:33 GMT

UAE Arrests 19 Expats Accused of Dh 200,000 Prize Phone Scam

Nowadays over 140 countries are now benefiting from blockchain technology through the world. (Shutterstock)
December 17th, 2018 - 09:28 GMT

Iran Sees Economy Saviour in Blockchain

The agreement was signed by Rashed Ali Al Ansari, General Manager of Al Ansari Exchange, and Saeed Al Fahim, CEO, Stratum, in the presence of a number of senior officials from both sides.
December 17th, 2018 - 09:24 GMT

Al Ansari Exchange Signs Agreement With Stratum to Provide Property Owners Easy Payment Method

“The Government of the UAE is committed to providing an innovative and comprehensive system of government work based on enhancing efficiency in the use of AI and data in various vital sectors." - Omar Sultan Al Olama (Shutterstock)
December 17th, 2018 - 09:21 GMT

UAE's New Wealth Is Not Oil Anymore; It's Data

Rosneft and the National Iranian Oil Company (NIOC) signed a road map for strategic cooperation in oil and gas in Iran—cooperation which Rosneft’s chief executive Igor Sechin said would involve a total of US$30 billion of investments. (Shutterstock)
December 17th, 2018 - 09:11 GMT

Russia's Rosneft Walks out of $30 Billion Joint Oil and Gas Projects With Iran


The agreement aims at assisting Jordan to alleviate the burden of public debt service and is part of Saudi Arabia's efforts to support Jordan and help it overcome its economic crisis. (Shutterstock)
December 17th, 2018 - 09:05 GMT

Saudi Arabia Grants Jordan Grace Period for $114 Million Loan

The conference’s choice of the Arab digital economy as its main topic reflects the awareness of the Arab region of its challenges, in light of the role of modern technology in developing communities and economies. (AFP)
December 17th, 2018 - 08:33 GMT

Arab League Unites Under Digital Economy Banner

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