Iceland's Wow Air has ceased operations and cancelled all flights, leaving thousands of passengers stranded.
On Thursday morning, Wow said on its website: “Wow Air has ceased operation. All Wow Air flights have been cancelled."
WOW Air is the latest casualty among budget airlines, after efforts to raise more funds failed.
"I will never forgive myself for not having acted earlier," WOW CEO and founder Skuli Mogensen wrote in a letter to the company's 1,000 employees.
US allows 30-day sale of Iran oil at sea in bid to tame prices
The Trump administration has waived sanctions on the purchase of Iranian oil at sea for 30 days on Friday in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran.
Musk found liable to Twitter shareholders in fraud lawsuit
A federal jury found Elon Musk liable on claims he defrauded Twitter shareholders by trying to drive down the social media company's stock price so he could renegotiate or back out of a $44 billion takeover in 2022, Bloomberg News reported on Friday.
Amazon plans smartphone comeback more than a decade after Fire Phone flop
In 2014, Amazon introduced its first smartphone, hoping to take on Apple and Samsung. Instead, the Fire Phone - overseen directly by founder Jeff Bezos - was scrapped in barely over a year, one of Amazon’s highest-profile flops.
Sultan Al Jaber: Iranian aggression will not undermine UAE's resolve
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, and MD & Group CEO of ADNOC, has condemned Iran’s aggression, saying they will not weaken the UAE’s resolve and stressing that the country is not a party to the ongoing regional conflict.
High-level Dubai meeting discusses continuity of supply chains
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has chaired a high-level coordination meeting in Dubai bringing together global shipping companies and industry associations to address challenges facing regional supply chains.
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Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
