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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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The exchange rate had hovered between 3.71 and 3.69 over the past two days and started trading at 3.6950 as of 9 a.m. (0600GMT) Monday morning. (File photo)
February 6th, 2017 - 10:00 GMT

On a roll: Turkish lira rate on four-week high against US dollar

Burgan Bank Visa Infinite + Signature Card
February 6th, 2017 - 09:26 GMT

Burgan Bank introduces new Visa Debit Cards to its Private and Premier

Tesla's founder Elon Musk is also behind the UAE's concept for a Superloop system. (Shutterstock)
February 6th, 2017 - 09:24 GMT

Tesla rolling into oil-rich UAE, launching first operations in MENA region

Elie Younes, Executive Vice President & Chief Development Officer of The Rezidor Hotel Group
February 6th, 2017 - 09:20 GMT

Rezidor signs two new Radisson Blu hotels in Dubai

During the visit
February 6th, 2017 - 09:12 GMT

DED signs MoU with Tokyo-based International Intellectual Property Protection Forum

Dubai Airports
February 6th, 2017 - 08:58 GMT

Dubai Airports and Shaheen support UAE Olympic 7s dream

During the event
February 6th, 2017 - 08:48 GMT

Dubai Culture launches Cultural Tour Guide programme

FedEx
February 6th, 2017 - 08:38 GMT

FedEx demonstrates industry leadership At MRO Middle East

The non-oil private sector expects market conditions to continue to improve over the coming year. (Shutterstock)
February 6th, 2017 - 08:00 GMT

Saudi’s non-oil businesses improve, but job growth remains slow

Eng Sultan Abdulaziz Al-Deghaither
February 6th, 2017 - 07:53 GMT

Zain Saudi Arabia and Huawei forge long-term collaboration to enhance mobile customer experience across the Kingdom

General Electric head office
February 6th, 2017 - 07:43 GMT

GE provides generator services and monitoring solutions to Suez-Tractebel Operation & Maintenance Oman LLC

Healthcare workers with good experience are likely to land a job offer in the UAE. (Shutterstock)
February 6th, 2017 - 07:19 GMT

Healthcare the top sector for finding work in the UAE today

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