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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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(Shutterstock)
December 17th, 2018 - 08:26 GMT

UAE Announces New Structure for Central Bank

The creation of the satellite will be one of the ministry's main goals. (Shutterstock)
December 17th, 2018 - 08:20 GMT

Syria Aims for the Stars With New Space Mission

The approval of the Central Bank of Kuwait should be obtained if ownership exceeds 5 percent of the bank’s capital. (Shutterstock)
December 17th, 2018 - 08:12 GMT

Foreigners Can Now Own a Bigger Share of Kuwait's $39 Billion Banking Sector

The government’s focus on protecting the low-income classes over implementing the social safety networks, noting that the positive indicators of the economy were clear over the past five months. (Shutterstock)
December 17th, 2018 - 08:01 GMT

Egypt to Have New Taxation System by 2020

The World Bank’s (WB) Vice President for Infrastructure, Makhtar Diop. (AFP)
December 17th, 2018 - 07:23 GMT

World Bank Still Committed to Cooperation With Egypt on Infrastructure Projects

The Frame has gained global popularity, and we are thrilled to continue to provide consumers with new artworks to enjoy from the comfort of their homes.
December 17th, 2018 - 07:10 GMT

Samsung Electronics Announces New Premiere Partnerships for ‘The Frame’

Vision 2030 that was once a dream has now been translated into a reality with giant steps forward to achieve the needed reforms and to carry out the needed transformations. (Shutterstock)
December 17th, 2018 - 07:05 GMT

Opinion: Saudi's Vision 2030 Is More a Reality Than a Dream

Dr. Talal Abu-Ghazaleh
December 17th, 2018 - 06:58 GMT

Talal Abu Ghazaleh Concludes the '8th International Platform on Integrating Arab E-Infrastructures in a Global Environment'

Cristiano Ronaldo, Gareth Bale, Sergio Ramos, James Rodriguez, Karim Benzema and Marcelo checking out the Emirates A380 team decal
December 17th, 2018 - 06:28 GMT

Emirates Unveils New Real Madrid A380 Decal

Aston Martin partner team Beechdean AMR took the accolade by finishing third in the GT3 Pro Am class and seventh overall.
December 17th, 2018 - 06:15 GMT

New Aston Martin Vantage GT3 Takes First Podium in Gulf 12 Hours

Ford’s research revealed that 87 per cent of adults believe technology is the biggest driver of change.
December 17th, 2018 - 06:05 GMT

Ford Releases 2019 Trends Report; Explores Shifting Behaviours and the Power of Change

The hotel ushers in the festive season with a calendar full of meticulously crafted dining menus, exclusive packages and entertainment for Christmas and New Year celebrations.
December 16th, 2018 - 12:38 GMT

Arjaan by Rotana Welcomes Guests to Celebrate the Festive Spirit

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