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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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Network Map
January 29th, 2017 - 06:44 GMT

Royal Jordanian strengthens its presence in 14 cities

Prince Thomas, Ooredoo Director of Digital Marketing & New Business
January 29th, 2017 - 06:39 GMT

New Ooredoo Shahry Promotion offers added value and extra customer convenience

A protestor demonstrates against the new ban on immigration issued by President Donald Trump at Logan International Airport, Boston on January 28, 2017. (AFP/Scott Eisen)
January 29th, 2017 - 06:00 GMT

Trump's 'Muslim' visa ban causes airport chaos, sparks anger worldwide

Some of the grant will be allocated to support Jordanian factories and companies that are keen on exporting to EU countries.  (Shutterstock)
January 29th, 2017 - 05:45 GMT

Jordan signs $77.6M grant agreement with EU

Four Seasons Hotel London Ten Trinity - Rotunda Lounge
January 26th, 2017 - 12:31 GMT

Now open: Four Seasons Hotel London at ten trinity square in the heart of the city

OPEC’s 13 members and 11 other producers have trimmed output by more than 1.5 million barrels a day since the deal started this year, out of a pledged 1.8 million (Shutterstock)
January 26th, 2017 - 12:00 GMT

Kuwait to spend $115B in energy over five years, sees oil market balance this year

The Crown Prince of Abu Dhabi General Sheikh Mohammed Bin Zayed Al Nahyan (C) is met by Indian Prime Minister Narendra Modi (R) and Indian President Pranab Mukherjee (L) in New Delhi January 25, 2017. (AFP/Money Sharma)
January 26th, 2017 - 11:00 GMT

UAE-India form Comprehensive Strategic Partnership, ink ADNOC oil storage deal

CommVault
January 26th, 2017 - 10:49 GMT

New Commvault innovations drive continued global customer momentum

During the event
January 26th, 2017 - 10:37 GMT

MoF organises a donation campaign for Aleppo

Gold is often seen as a safe-haven investment in times of geopolitical and financial uncertainty. (Shutterstock)
January 26th, 2017 - 10:12 GMT

Golden opportunity: Is it time to be bullish on bullion?

The country’s Article 88 Labour Law allows firms to fire workers for poor financial performance, low revenue and a general economic slowdown.  (AFP/Hassan Amar)
January 26th, 2017 - 10:00 GMT

Saudi layoffs 'lack creativity' in dealing with downturn: Experts

Members of the press at Davos 2017. (AFP/Fabrice Coffrini)
January 26th, 2017 - 09:41 GMT

Saudi Arabia scored a PR win at Davos 2017

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