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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 event
February 14th, 2017 - 05:46 GMT

HE Saeed Mohammed Al Tayer discusses future cooperation opportunities with Tesla Founder and CEO during the World Government Summit 2017

Oman Oil Marketing Company - ahlain Rewards Campaign logo
February 14th, 2017 - 05:38 GMT

Oman Oil Marketing Company offers customers a chance to win big with new ahlain Rewards Campaign

OPEC is still urging oil suppliers outside the group to fulfil their commitments to cut output. (File photo)
February 14th, 2017 - 05:34 GMT

Saudi oil production reaches lowest level in eight years

During the event
February 14th, 2017 - 04:44 GMT

Ooredoo sponsors Hala Febrayer equestrian tournament

The project is expected to cost SAR2bn, with investors receiving a profit of 15 per cent of the capital annually or SAR350m through 20-year rental leases. (File photo)
February 13th, 2017 - 01:00 GMT

Consortium to invest $1.3B in 100 international schools in Saudi Arabia

The new terminal will have 118 check-in counters for international and domestic flights, along with 82 immigration counters. (File photo)
February 13th, 2017 - 12:00 GMT

Oman: Muscat International Airport's revamp on track for end-2017 completion

UK trade envoy to Egypt Sir Jeffrey Donaldson MP and the CEO of UK Export Finance Mr Louis Taylor in Egypt in 2016. (Gov.uk)
February 13th, 2017 - 11:00 GMT

UK’s 'biggest trade delegation to date' heads to Cairo

During the event
February 13th, 2017 - 10:54 GMT

ADNOC to capitalise on increased sulphur processing capabilities and target new markets

During the event
February 13th, 2017 - 10:23 GMT

du engenders youth participation during a panel discussion with two young innovators at World Government Summit

During the event
February 13th, 2017 - 10:15 GMT

Dubai Supreme Council of Energy and DEWA announce venue for Solar Decathlon Middle East 2018

OCTAL CEO, Nicholas Barakat
February 13th, 2017 - 10:11 GMT

OCTAL enters phase III of expansion as an incubator of downstream opportunities

In Saudi Arabia, 39 percent people have made online purchases, an increase of 57 percent from last year and 33 percent bought things using their mobiles in the last month. (Shutterstock)
February 13th, 2017 - 10:05 GMT

Huge rise in MENA e-commerce presents opportunities for fintech sector

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