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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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During the event
January 24th, 2017 - 12:03 GMT

Qur’anic Botanic Garden welcomes the Swiss Ambassador Consort

Egypt's tourism industry has been hard hit by the crash of the Russian jetliner as well as international flight suspensions by to Sharm al-Sheikh. (AFP/Mohamed el-Shahed)
January 24th, 2017 - 12:00 GMT

Germany lifts remaining restrictions on flights to Sharm El Sheikh

The meeting was reportedly postponed on news that participation of the EU companies was weak. (File photo)
January 24th, 2017 - 11:05 GMT

Jordan-EU meeting on 'EU rules of origin' trade deal postponed indefinitely

Participants experience Samsung's VR ride at CES 2017 in Las Vegas. (AFP/File)
January 24th, 2017 - 10:48 GMT

What's next in tech: Highlights from the International Consumer Electronics Show 2017

Ziyad Bin Mahfouz, CEO, Elaf Group
January 24th, 2017 - 10:46 GMT

Elaf Group unveils attractive & affordable travel deals to select destinations

Tourism development as part of an economic diversification strategy has helped drive demand for the food-service sector.  (AFP/Patrick Baz)
January 24th, 2017 - 10:00 GMT

Growing market, growing waistlines? GCC fast food segment worth $20B last year

Marasi Business Bay
January 24th, 2017 - 09:18 GMT

Dubai Properties Title sponsor of the world’s fastest growing watersport, ‘Dragon Boat Festival’ at Marasi Business Bay

Samsung’s Exynos processors selected to revolutionize  Audi’s next-generation in-vehicle infotainment
January 24th, 2017 - 09:00 GMT

Samsung’s Exynos processors selected to revolutionize Audi’s next-generation in-vehicle infotainment

Since being founded in 2012, the END Fund has raised more than $70m and supported the treatment of 100 million people at risk of neglected tropical diseases. (Shutterstock)
January 24th, 2017 - 09:00 GMT

Alwaleed Philanthropies donates $3M to END Fund to fight tropical diseases

Ali & Sons Audi announces a third year of partnership with Yas Links
January 24th, 2017 - 08:27 GMT

Ali & Sons Audi announces a third year of partnership with Yas Links

Emirates Steel
January 24th, 2017 - 08:26 GMT

Emirates Steel ends 2016 with new production record

Mr. Ian Dench
January 24th, 2017 - 08:02 GMT

Ooredoo welcomes Ian Dench as New Chief Executive Officer

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