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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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Displaced people from the Yarmouk Palestinian refugee camp queuing to receive aid from UNRWA in Yalda, south of the Syrian capital, Damascus in 2015. (AFP/File)
October 31st, 2016 - 07:00 GMT

Kuwait grants $5M to UNRWA for Palestinian refugees in Syria

Any common currency to be announced is expected to be pegged either to the dollar or a basket of currencies because the volume of trade of the Gulf states with the countries of the European Union is much larger than that of their commerce with the United States. (Shutterstock)
October 31st, 2016 - 06:00 GMT

Is it time for a common Gulf currency?

Following the agreement, Orange Jordan plans to expand its network in the country. (File photo)
October 31st, 2016 - 05:30 GMT

Jordan's telecoms commission settles dispute with Orange over 2G network renewal

Homes at the site were sold fro EUR150,000 ($163,885) to EUR160,000 but were never offered to locals, according to reports.  (Bosnia Today)
October 30th, 2016 - 01:00 GMT

Kuwaiti development in Bosnia draws ire from local villagers

Embraer has agreed to pay a $205.5m fine to settle an investigation by US and Brazilian authorities into bribery allegations in the Dominican Republic, India, Mozambique and Saudi Arabia. (File photo)
October 30th, 2016 - 12:00 GMT

Saudi Aramco confirms employee's involvement in Embraer bribery

The decline in investments has affected the economic cycle and the Lebanese employment and industrial sectors. (File photo)

 (File photo)
October 30th, 2016 - 11:00 GMT

Political crisis continues to take its toll on Lebanese economy: Minister

The current contribution of mining in Saudi Arabia's GDP is 2.5 percent. (Shutterstock)
October 30th, 2016 - 10:00 GMT

Saudi Arabia to increase investment licenses for mining sector

With 13 Chinese cities connected to Dubai with over 100 weekly flights, Chinese travellers to Dubai International are growing year on year. (VisionDubai.cn)
October 30th, 2016 - 09:00 GMT

Dubai Week in China concludes with 11 deals signed

The ownership structure of GCC banks where well established local private shareholders often control sizeable stakes, and foreign banks only hold minority stakes, is also a stumbling block to successful merger activity. (File photo)
October 30th, 2016 - 08:00 GMT

GCC banks resisting mergers despite pressures: Fitch

As far as companies whose financial year has already ended, it is clear that on their balance sheet date the laws only provide for income tax at 12 per cent. (Shutterstock)
October 30th, 2016 - 07:00 GMT

Oman's companies seek clarity on corporate income tax

The plant, which began operating around 10 months ago, contributes 20 per cent of the total power supply in the Kingdom. (Shutterstock)
October 30th, 2016 - 05:56 GMT

Jordan inaugurates natural gas plant in partnership with Egyptian FAJR

SaudiGulf Airlines  said the Riyadh operations will be followed by two daily flights to Jeddah starting from November 27. (File photo)
October 30th, 2016 - 05:31 GMT

New carrier SaudiGulf Airlines takes flight

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