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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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Gulf Bank launches ‘Gulf Live’  new Interactive Teller Machines
February 1st, 2017 - 11:04 GMT

Gulf Bank launches ‘Gulf Live’ new Interactive Teller Machines

Saudi Arabian Airlines’ (Saudia) domestic terminal will also shift to the new airport. (SPA)
February 1st, 2017 - 11:00 GMT

Airlines prepare for relocation to Jeddah's new airport

Sharjah Islamic Bank
February 1st, 2017 - 10:52 GMT

Sharjah Islamic Bank net profits rose by 13% and propose to distribute 10% bonus shares

The new VPL-PHZ10 Projector
February 1st, 2017 - 10:40 GMT

Sony’s cost-effective and compact laser projectors deliver stunning brightness to the education and corporate segments

During the event
February 1st, 2017 - 10:34 GMT

Dubai Islamic Bank wins four distinctive awards on delivering outstanding customer experience

Egyptians consume an estimated 250,000 tons of sugar each month, according to Egypt’s Supply Ministry. (Shutterstock)
February 1st, 2017 - 10:00 GMT

Sugar high again: Egypt raises prices of subsidized sugar and cooking oil

Kaspersky Lab
February 1st, 2017 - 09:32 GMT

Online financial cybercrime victims in the UAE struggle to recover all their lost money

Abdul Razzaq Al Balushi
February 1st, 2017 - 09:26 GMT

Ooredoo appoints new Chief Financial Officer

flydubai
February 1st, 2017 - 09:12 GMT

flydubai announces 14.4% passenger growth to 10.4 million and profit of AED 31.6 million

The Shamoon malware that infected the ministry’s systems is believed to be responsible for a similar cyberattack on state oil giant Saudi Aramco in 2012.  (Shutterstock)
February 1st, 2017 - 09:00 GMT

A week on, Saudi labor ministry continues to face disruptions from cyber attack

Teddy buddies at Dalma Mall
February 1st, 2017 - 08:01 GMT

Teddy buddies at Dalma Mall

In 2016, the Dubai market registered the highest RevPAR of $200, followed by Jeddah, which registered a RevPAR of $196. (Shutterstock/Esherez)
February 1st, 2017 - 08:00 GMT

Middle East hospitality market witnessed drop in RevPAR in 2016: EY

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