"I am ceasing operations and pulling out from the company's premises in Iraq for humanitarian reasons, and out of my concern for the safety and the lives of my two employees who were kidnapped in Iraq," the company's owner, Rami al-Ouweiss, told The Associated Press in Jordan.
Last week, Midway Airlines announced that it was ceasing operations.
Late last month, Solyndra announced that it was ceasing operations, laying off its 1,100 employees.
On Thursday morning, the Icelandic airline announced that it is ceasing operations.
One of the greatest clubs in the history of hockey, Dynamo Moscow, announced last week that it was ceasing operations on April 30.
On Wednesday, the medical humanitarian group Doctors Without Borders announced that it was ceasing operations in Somalia because it could no longer guarantee the safety of its staff.
"What is the definition that has been chosen for 'terrorism'?" At the end of the first day of the Eid al-Adha holiday, the Syrian military announced it was ceasing operations.
In March Hybrid Networks, once the biggest maker of early consumer fixed wireless gear, announced it was ceasing operations.
In March, Hybrid Networks, once the biggest maker of early consumer fixed-wireless gear, announced that it was ceasing operations.
The development agency later sought to delay the sale after the company said it was ceasing operations at Achiltibuie.
The development agency sought to delay the sale after the company said it was ceasing operations at Achiltibuie and moving the business to Alness.
