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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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File photo from a Mahalla strike in 2011.
February 8th, 2017 - 05:18 GMT

Nearly 3000 workers from Egypt's Mahalla Textile join latest strike action

Abu Dhabi Ports Company
February 8th, 2017 - 04:44 GMT

Abu Dhabi Ports honours first enrolled batch of Coastal Seafaring course

During the event
February 8th, 2017 - 04:40 GMT

Ooredoo the safest telecom in Kuwait for credit card transactions

Despite a regional slowdown caused by low oil prices, ongoing investment in the GCC’s industrial infrastructure remains strong. (Shutterstock)
February 7th, 2017 - 02:36 GMT

Gulf Industry Fair 2017 opens in Bahrain

Snapchat, which was first launched in 2011 as Picaboo, currently has over 150 million daily active users worldwide, who create over 2.5 million ‘snaps’ per day. (Shutterstock/Ink Drop)
February 7th, 2017 - 02:13 GMT

Snap Inc. opens first Middle East office in Dubai Internet City

Foreign investments would exceed 75 percent in some of the airports. (File photo)
February 7th, 2017 - 10:12 GMT

Saudi Arabia to privatize 27 airports by mid-2018

AVFM projects an internal rate of return (IRR) in excess of 18 – 21 percent. (Shutterstock)
February 7th, 2017 - 09:49 GMT

Qatar Holding invests $250M in India fund for affordable housing

Ministry of Finance
February 7th, 2017 - 09:38 GMT

MoF organises a series of sessions and meetings on the sidelines of the World Government Summit 2017

DED & ILEA team
February 7th, 2017 - 09:32 GMT

DED allies with International Live Events Association to strengthen business community engagement

Some users have experienced a sudden shutdown when the battery drops to between 50 and 60 per cent and, sometimes, battery drains after attending each call. (Apple)
February 7th, 2017 - 09:11 GMT

Apple recalls 88,770 defective iPhone 6S batteries in the UAE

During the bazaar, the school will run various fun activities for children
February 7th, 2017 - 09:09 GMT

Burgan Bank sponsors Kuwait English School's annual entertaining "Green Unit Bazaar"

Jim McIlvenny
February 7th, 2017 - 09:02 GMT

Jim McIlvenny named as new Dow IMEAT President

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