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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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Aref Al Ramli, Head of Digital Banking & Innovation
January 23rd, 2017 - 07:14 GMT

Mashreq Bot wins EFMA’s ‘Innovation of the Month’ award

Aero-PTZ camera
January 23rd, 2017 - 06:55 GMT

Panasonic showcases rugged security camera Aero-PTZ at Intersec

Mike Weston, Vice President, Cisco Middle East.
January 23rd, 2017 - 06:48 GMT

Cisco-sponsored study finds cloud adoption is going mainstream, yet only few organizations are maximizing value

During the event
January 23rd, 2017 - 06:40 GMT

Dubai Customs kicks off its “2nd Dubai Customs Week” with a seminar on Facilitation and Control in Customs Work

HE Saeed Mohammed Al Tayer, MD & CEO of DEWA
January 23rd, 2017 - 06:33 GMT

DEWA signs MoU with Dubai Women’s Association to support the community and the environment

Under the December 10 agreement, producers will lower output by nearly 1.8 million barrels per day (bpd) aiming to ease a global glut that has weighed on oil prices for more than two years.  (AFP/Joe Klamar)
January 23rd, 2017 - 06:30 GMT

OPEC launches oil cut compliance committee

The Moral Machine is set in 2050, where everything that can be is automated.  (Shutterstock)
January 23rd, 2017 - 05:52 GMT

Dubai's Moral Machine tests future AI decision making at Davos

This year will also see Bvlgari opening hotels in Beijing and Shanghai, which will be followed by a Moscow presence in 2018-19.  (MyLuxury.it)
January 23rd, 2017 - 05:31 GMT

Bvlgari apartments to bring a touch of bling to Dubai's Jumeirah Bay Island

Hamad Medical Corporation
January 23rd, 2017 - 04:44 GMT

HMC’s Bone and Joint Center to host international surgeon in February

Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World
January 23rd, 2017 - 04:40 GMT

Dubai Customs scores 96.2% on happiness index in 2016

“If you include Turkish and Iran Air, the order book comes to a massive 1,058 passenger aircraft,” said Maurice Faber, regional managing director of Olympus Middle East and Africa. (File photo)
January 22nd, 2017 - 01:30 GMT

MENA airlines boost fleets by 650 aircraft

The growth in VR technology has been nothing but exponential. (Shutterstock)
January 22nd, 2017 - 12:46 GMT

Getting real: Will VR make your TV obsolete?

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