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US Navy in Hormuz
May 1st, 2026 - 11:22 GMT
Osama Ali

Osama Ali

US Navy turns to AI to detect mines in Hormuz

ALBAWABA - Amid persistent worries about maritime security and interruptions to international trade, the US Navy is increasing its use of artificial intelligence to identify and remove underwater explosives in the Strait of Hormuz. The action comes after Domino Data Lab was recently awarded a roughly $100 million contract to improve the Navy's capacity to detect mines more rapidly through the use of cutting-edge machine learning technologies. Instead of taking ...
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Stanchart, as the bank is popularly known, started talks with regulators in the Kingdom to obtain a banking license in 2017. (Shutterstock)
February 27th, 2019 - 10:59 GMT

Standard Chartered to Launch Banking Operations in Saudi Arabia

The imports of goods in January 2019 amounted to QR8.8 billion. (Shutterstock)
February 27th, 2019 - 09:51 GMT

Despite Blockade, Qatar's Trade Surplus Exceeds $4 Billion in Jan 2019

Al Bawaba
February 27th, 2019 - 09:34 GMT

Crude Prices Down Post Trump's Criticism of OPEC

Iran and Japan will soon start bilateral banking activities. (Shutterstock)
February 27th, 2019 - 09:27 GMT

Iran, Japan to Start Bilateral Banking Activities

Saudi Arabia said its total merchandise exports increased by 12.5 percent in December 2018 year-on-year to reach $10 billion. (Shutterstock)
February 27th, 2019 - 09:23 GMT

Saudi Arabia's Exports Reach $10 Billion in December 2018

The government’s plan included a 66 percent increase in the corresponding work fees from BD300 to BD500 per every two years. (Shutterstock)
February 27th, 2019 - 09:03 GMT

Bahrain Launches New Program With New Incentives to Combat Unemployment

Expatriate numbers in Oman make up only 43.7 percent of the total population. (Shutterstock)
February 27th, 2019 - 08:50 GMT

Expat Numbers Plunge in Oman Due to Omanisation

The Jordan Customs Department’s (JCD) revenues for 2018 stood at JD1.5 billion. (Shutterstock)
February 27th, 2019 - 08:37 GMT

Jordan's Customs Department Reports Over $2 Billion in Revenues

The traditional process of buying cryptocurrency like bitcoin can be cumbersome and intimidating to the average U.S. consumer. (Shutterstock)
February 27th, 2019 - 08:19 GMT

Now You Can Buy Your Bitcoin Gift Cards Online

Saudi Arabia Adds $500 Million to UN's Yemen Humanitarian Response Plan (Shutterstock)
February 27th, 2019 - 07:52 GMT

Saudi Arabia Adds $500 Million to UN's Yemen Humanitarian Response Plan

The oil industry is on the decline, and petrol-burning motor cars will soon be replaced by electric vehicles. (Shutterstock)
February 26th, 2019 - 11:48 GMT

Saudi Aramco: Oil Industry Faces 'Crisis of Perception'

Funds worth Dh32 billion  have already been allocated for the project which runs until 2025. (Shutterstock)
February 26th, 2019 - 11:18 GMT

UAE to Build Over 30,000 Residential Units for Its Nationals by 2025

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