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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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Long-term investors prefer to pump their money into mid-term operational shares to speculate and enter into reckless adventures. (Shutterstock)
December 12th, 2018 - 07:15 GMT

In Kuwait, Investing in Popular Stocks Still Reigns

Egypt Aims to Increase Its Exports by up to 20 Percent. (Shutterstock)
December 12th, 2018 - 07:04 GMT

Egypt Aims to Increase Its Exports by up to 20 Percent

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz on Monday broke ground on the King Salman Energy Park, SPARK. (Saudi Aramco)
December 12th, 2018 - 06:55 GMT

Bin Salman Inaugurates Saudi's Energy City Mega project

Turkey applied for EU membership in 1987, while accession talks began in 2005. (Shutterstock)
December 12th, 2018 - 06:49 GMT

Turkey Undeterred Towards Its EU Membership Goal

The case is the latest in a string of corruption cases brought by the Administrative Control Authority, the country's anti-corruption watchdog, against top state officials in recent months. (Shutterstock)
December 12th, 2018 - 06:40 GMT

Egypt's Former Head of Customs Accused of Bribery

This change represents the first time 100Mbps has been offered in a base level plan in the UAE.
December 12th, 2018 - 06:22 GMT

Etisalat Further Doubles Speeds on eLife Plans for Free

Qatar Foundation’s Qatar National Day celebrations at Darb Al Saai last year.
December 12th, 2018 - 06:15 GMT

Qatar Foundation to Celebrate Qatar National Day at Darb Al Saai

Etihad launched its first scheduled flights linking Abu Dhabi and Barcelona on November 28.
December 12th, 2018 - 05:40 GMT

Etihad Cargo Expands Global Network With Launch of Services to Barcelona

There will also be supercars, luxury jewellery, fancy dinners and more for just 100 AED!
December 11th, 2018 - 12:58 GMT

Noon Celebrates First Birthday With a Spectacular Three-Day Sale

Ahmad Bin Shafar Global Leader Award
December 11th, 2018 - 12:52 GMT

Dubai Being Crowned as the ‘Champion City’ for District Cooling Solutions

The participation formed part of Falconcity’s strategy to strengthen its current market position by expanding global presence, and by capitalising on the lucrative opportunities generated by the rising interest of Chinese investors in Dubai’s property market.
December 11th, 2018 - 12:35 GMT

Falconcity of Wonders’ Saam Vega Pyramid Project Receives Overwhelming Response From Visitors at LPS Shanghai

During the event
December 11th, 2018 - 12:22 GMT

National Bank of Oman Opens Entry for Its 5th Annual Innovation in SME Award

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