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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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Mubadala has interests in aerospace, oil and gas, semiconductors, information and communications technologies, utilities, capital investments, real estate and infrastructure.  (Mubadala)
January 22nd, 2017 - 12:28 GMT

Abu Dhabi's Mubadala, IPIC merger formalized to create investment powerhouse

Oman Oil Marketing Company & Al Raffd fund extends Tasweik’s deadline
January 22nd, 2017 - 10:48 GMT

Oman Oil Marketing Company & Al Raffd fund extends Tasweik’s deadline

Oman Arab Bank
January 22nd, 2017 - 10:40 GMT

OAB concludes 2016 Hassad Savings Scheme with mega draw

Led by Saudi Arabia, all GCC countries are facing mounting deficit due to the plunging oil revenue.  (Shutterstock/Clicksahead)
January 22nd, 2017 - 10:00 GMT

Oman's budget deficit reaches $12.7B

Dr. Muna Al Maslamani
January 22nd, 2017 - 09:59 GMT

New Communicable Disease Hospital announces appointment of Medical Director

During the event
January 22nd, 2017 - 09:35 GMT

Masdar Institute partners with Abu Dhabi Sewerage Services Company to build human capital and improve strategic tunnel enhancement program

During the event
January 22nd, 2017 - 09:06 GMT

REDTAG underpins positive GCC sales forecast with continuation of cyrine AbdelNour celebrity brand ambassadorship


Deal making in the finance and consumer goods sectors will drop slightly in 2017 before rebounding in 2018. (Shutterstock)
January 22nd, 2017 - 09:00 GMT

MENA M&A activity to see uptick over next four years: Baker McKenzie

As with any interview, never ever show up unprepared. (Shutterstock)
January 22nd, 2017 - 08:52 GMT

How to ace your marketing job interview

Canon
January 22nd, 2017 - 08:32 GMT

Canon to sponsor Rugby World Cup 2019™ Tournament

If you income fluctuate significantly from one month to the other, it could be hard to save the same amount of money every month. (Shutterstock)
January 22nd, 2017 - 08:32 GMT

Money management with irregular incomes

There’s probably less risk appetite in MENA than there is in other parts of the world, with people wanting to invest more in a proven business model than in a start-up.  (Shutterstock)
January 22nd, 2017 - 08:00 GMT

Middle East start-ups still struggling to secure funding

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