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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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Iran and Oman have had good economic relations from old times and the ties have even expanded in recent years due to extended bank cooperation between the two countries. (Shutterstock)
December 13th, 2018 - 07:39 GMT

Oman, Iran to Strengthen Trade via New Marine Line

Amir Abdollahian, Iranian parliamentary official (AFP)
December 13th, 2018 - 07:21 GMT

Europe's SPV Solution to Circumvent US Sanctions on Iran Might Launch End of Year

Abdul-Mahdi said he would send a delegation to the United States to seek an exemption from sanctions to keep importing gas from Tehran. (Shutterstock)
December 13th, 2018 - 07:13 GMT

Iraq Takes a Strong Stance With Iran Against US Sanctions

Prime Minister-designate Saad Hariri. (AFP)
December 13th, 2018 - 07:00 GMT

Hariri Reassures CEDRE Implementation Despite Government Formation Delays

The Christmas Eve feast will take place at the hotel’s signature restaurant Lemon Pepper where the remarkable chefs will take guests on a culinary experience.
December 13th, 2018 - 06:19 GMT

Celebrate the Festive Season at M Hotel Downtown by Millennium

Qatar Foundation (QF) has announced the launch of Cycle 2 of its innovative Akhlaquna Award, inviting interested applicants to submit projects via a dedicated website.
December 13th, 2018 - 06:13 GMT

Qatar Foundation Launches Cycle 2 of the Akhlaquna Award

CEO of Emirates Steel, Engineer Saeed Ghumran Al Remeithi
December 13th, 2018 - 05:58 GMT

Undersecretary of the Ministry of Energy and Industry Addresses the Middle East Iron and Steel Conference

ENOC Compact service station
December 12th, 2018 - 01:07 GMT

Enoc Launches First Compact Fuel Station in Dubai

Talal Abu-Ghazaleh University College for Innovation
December 12th, 2018 - 12:57 GMT

Talal Abu-Ghazaleh University College for Innovation Holds ‘Design Thinking’ Workshop

Soner Yesilelma, Director of Sales & Marketing, Rixos Bab Al Bahr
December 12th, 2018 - 12:45 GMT

New Director of Sales & Marketing at Rixos Bab Al Bahr

FTA Director General His Excellency Khalid Ali Al Bustani
December 12th, 2018 - 12:31 GMT

Federal Tax Authority Completes Preparations for Launching Phase Two of Tax Refunds for Tourists Scheme on Sunday

 The MoU was signed between Abdullah Hassan, CEO of Corporate Support Services sector in DED, and Fady Richmany, Senior Director and General Manager, UAE at Dell EMC.
December 12th, 2018 - 12:23 GMT

DED Brings In Major Transformation to Its Digital Workspace

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