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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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Mr. Luay Ahmadi, Senior Executive Officer of GFH Capital
February 12th, 2017 - 05:30 GMT

GFH closes subscription in AMA International successfully

Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief Executive of Emirates airline and Group at the 2010 Berlin Air Show. (AFP/Sean Gallup)
February 12th, 2017 - 05:16 GMT

Gulf airlines subsidy row: Emirates has invested $140B in the US

Etihad Airways
February 10th, 2017 - 12:37 GMT

Etihad Airways announces launch of “Runway to Runway”

Maya Morsi- Hussein Amin
February 10th, 2017 - 12:32 GMT

AUC signs a cooperation protocol with the National Council for Women

Earlier this month, the Cabinet decided to deduct 10 per cent of any sum above JD2,000 in monthly salaries of civil servants, and set a cap of JD3,500 on public sector salaries. (Shutterstock)
February 9th, 2017 - 02:00 GMT

Jordan increases minimum wage, raises taxes to narrow deficit

The 18-hole course, designed by Gil Hanse, is part of Damac Hills, near Dubai Studio City and Arabian Ranches, a large residential neighbourhood popular with expats. (YouTube)
February 9th, 2017 - 01:00 GMT

Trump's sons to officially open Trump International Golf Club at Damac Hills Dubai

Almost 3,000 textile workers in Mahalla El-Kubra, mostly women, staged a strike on Tuesday to demand better pay. (Ahram)
February 9th, 2017 - 12:00 GMT

Egypt: Fearing dismissal, Mahalla textile workers end strike

Jazeera Airways reports 52.8 million in revenues,  and 10.8 million in net profit for 2016
February 9th, 2017 - 11:25 GMT

Jazeera Airways reports 52.8 million in revenues, and 10.8 million in net profit for 2016

Gartner analysts will examine key industry trends during Gartner Symposium/ITxpo 2017 in Dubai, 28 February – 2 March.  (Shutterstock)
February 9th, 2017 - 11:00 GMT

MENA public cloud services market expected to reach nearly $2M by 2020: Gartner

Lufthansa Technik Middle East begins operations at Dubai South
February 9th, 2017 - 10:50 GMT

Lufthansa Technik Middle East begins operations at Dubai South

The American University of Ras Al Khaimah (AURAK)
February 9th, 2017 - 10:39 GMT

AURAK and Du sign MoU to collaborate on 5G and IoT development

During the event
February 9th, 2017 - 10:26 GMT

Tiger Woods tours His golf course design at DAMAC Properties’ AKOYA Oxygen

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