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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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Recently, members of Oman’s Shura Council called for fuel prices to be fixed annually instead of monthly and to help low income families afford fuel. (Shutterstock)
February 7th, 2017 - 05:28 GMT

Bring subsidies back? Call for 'fuel stamps' to help the poor in Oman

Qatar Foundation
February 7th, 2017 - 05:10 GMT

Qatar National Library lecture explores global economic forecasts

Oman Oil Marketing Company
February 7th, 2017 - 04:44 GMT

Oman Oil Marketing company welcomes Mohammed Al Thuhli home after captivating millions on zZd raseedak

The GCC economies are forecast to recover in 2017, except Oman and Bahrain. (File photo)
February 6th, 2017 - 01:00 GMT

Most GCC economies expected to recover for 2017 following 2016 slowdown

Alexbank's new much-anticipated web series “Ask the Expert with ALEXBANK” provides banking and financial advise. (Screengrab)
February 6th, 2017 - 12:19 GMT

Need banking advice? Become an expert with this new Egyptian web series

There are 19 professions closed to guest labour, while regarding jobs open for these workers, there are set quotas for foreign labour, including 40 per cent in gas stations. (AFP/File)
February 6th, 2017 - 12:00 GMT

One million foreign workers in Jordan estimated to be illegal

Bagless MC-CL560
February 6th, 2017 - 11:31 GMT

Panasonic launches new bagless MC-CL560 series to expand current Vacuum Cleaner Lineup in Middle East & Africa

During the event
February 6th, 2017 - 11:19 GMT

Huawei and the Kuwaiti Ministry of State for Youth Affairs join forces to boost ICT skills of Kuwaiti Youth

Egypt has been struggling to boost its foreign currency reserves in the political and economic turmoil following the January 2011 uprising that toppled former ruler Hosni Mubarak. (AFP/Patrick Baz)
February 6th, 2017 - 11:00 GMT

Egypt’s foreign reserve expected to make a comeback by the end of January at $26 billion

HE Saeed Mohammed Al Tayer MD&CEO - DEWA
February 6th, 2017 - 10:56 GMT

DEWA organises second ExO Sprint workshop to explore new water and electricity technologies

ADNOC Distribution
February 6th, 2017 - 10:46 GMT

ADNOC Distribution opens Al Rgayyb Service Station in Western Region

A few years ago, Samra launched Marwa Fayed's Toy Run, an NGO dedicated to bringing toys to underprivileged children. (Twitter)
February 6th, 2017 - 10:42 GMT

‘Kidathon’ round two: Egyptian kids run for Syrian refugee cause

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