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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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Mahmood Al Bastaki, CEO of Dubai Trade
February 3rd, 2017 - 04:40 GMT

Dubai Trade recognises 9th e-services Excellence Awards Winners

European Commission Vice-President Jyrki Katainen, seen January 31, 2017, is in charge of jobs, growth, investment and competitiveness for the EU's executive arm.  (AFP/File)
February 2nd, 2017 - 02:00 GMT

Europe hoping to restart Gulf Free Trade talks

Saudi Oil Minister Khaled al-Falih. (AFP/File)
February 2nd, 2017 - 01:00 GMT

Saudi, Kuwait look to new oil investments in US under Trump

UAE Ministry of Economy
February 2nd, 2017 - 12:39 GMT

The UAE’s investments in space technologies currently exceeded AED 20 billion

Omnia, a brand and digital agency based in the UAE. (Instagram)
February 2nd, 2017 - 12:06 GMT

Tips business leaders should take from bloggers

 Development Minister, Lutfi Elvan. (File photo)
February 2nd, 2017 - 12:00 GMT

Turkey’s an attractive country for foreign investments, says Development Minister

The average person in the UAE owes $11,590 in debt, often the form of credit card balances and car loans. (Shutterstock)
February 2nd, 2017 - 11:14 GMT

Don’t let debt take control: UAE personal loans reach staggering $118 billion

A new live-streaming location function can let group members in a chat know each other's locations in real time. (Shutterstock)
February 2nd, 2017 - 11:04 GMT

Don’t be late! WhatsApp feature can tell your boss your location

The UAE is looking to diversify its market beyond oil exports. (Shutterstock)
February 2nd, 2017 - 11:00 GMT

UAE’s non-oil trade in 2016 shows almost flat growth compared to 2015

Sixty winners with Gulf Bank’s ‘Win Big’ campaign in collaboration with Lulu Hypermarket!
February 2nd, 2017 - 10:50 GMT

Sixty winners with Gulf Bank’s ‘Win Big’ campaign in collaboration with Lulu Hypermarket!

Mövenpick Asara Resort & Spa Hua Hin
February 2nd, 2017 - 10:09 GMT

Mövenpick Hotels & Resorts announces rebranding of a luxury villa resort in Hua Hin, Thailand

The US previously implemented wheat grants in Jordan worth a total of $36 million.
February 2nd, 2017 - 10:04 GMT

Jordan signs deal to receive 100,000 tons of wheat from US in food aid

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