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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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Kuwait is to help fund Serbian rail projects
October 28th, 2012 - 10:05 GMT

Kuwait to help Serbian railways steam ahead

Iran is planning a second currency to the rial to try and bring stability to the market
October 28th, 2012 - 09:52 GMT

Iran planning new currency

Many workers have made Eid a success in the UAE
October 28th, 2012 - 09:41 GMT

Who makes Eid work in the UAE?

Qatar Airways boss  Akbar al-Baker has announced new routes to the US
October 28th, 2012 - 09:31 GMT

Qatar Airways taking off

The UNs Human Rights Council chief has urged a boycott of 13 international companies that benefit from Israeli settlements
October 28th, 2012 - 09:18 GMT

United Nations: Boycott International companies that benefit from Israeli settlements

Lebanese farmers have been working on the fields for decades, but it is becoming increasingly dangerous
October 28th, 2012 - 09:07 GMT

The Syrian conflict and Lebanese farmers

Egypt has published new policies to crack down on fuel smuggling
October 28th, 2012 - 08:54 GMT

Egypt: Tougher measures on smugglers proposed

As civil war rages in Syria, the government has announced an increase in state spending in an attempt try and quell the uprising.
October 25th, 2012 - 11:52 GMT

As war rages, Syrian government announces plan to increase state spending

Bahraini's are trying to improve Foreign Direct Investment in their gold industry
October 25th, 2012 - 11:24 GMT

Bahrain's gold sales need boosting

The attack follows a campaign of intimidation against Habshi and other union activists
October 25th, 2012 - 11:11 GMT

Spinneys union leader no longer 'unbeaten' on anything

Abu Dhabi has planning to protect itself against a similar debt crisis that hit Dubai in 2008, according to leaked document.
October 25th, 2012 - 11:11 GMT

Abu Dhabi taking steps to avoid a repeat of the 2008 Dubai crisis

Some shop owners sell clothing at high prices, which discourages customers
October 25th, 2012 - 11:09 GMT

Amman's clothing retailers feel the pinch and economy slumps

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