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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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The newly announced dates for signing the contracts comes following a series of delays. (File photo)
September 18th, 2016 - 09:00 GMT

Progress at last? Renaissance Dam study contracts to be signed this week

A key modification includes finding a new route for the pipeline to avoid waters controlled by the United Arab Emirates. (File photo)
September 18th, 2016 - 08:00 GMT

Iran-Oman undersea gas pipeline costs set to rise to $1.5B

The report noted that the divergence between supply and demand will likely persist in the coming years, which means that oil prices will remain at relatively low levels. (File photo)
September 18th, 2016 - 07:00 GMT

MENA's projected economic growth rate at weakest since 2009

Air France -KLM will maintain its presence in the Egyptian capital, with Air France operating six weekly flights out of Paris. (Wikimedia Commons)
September 18th, 2016 - 05:30 GMT

KLM to suspend flights to Cairo from January 2017

Prime office rents for upper floors in skyscrapers in the emirate are priced at $43.50 per sqft per annum. (File photo)
September 18th, 2016 - 05:04 GMT

Sky high: Dubai makes top 20 list of world's most expensive office rents

Critics of the new contract are worried about giving foreign companies a stake in the fields. (File photo)
September 18th, 2016 - 04:13 GMT

Revised Iranian oil contract paves way for $10B of investments by 2017

Mara Xpress will invest $500,000 into an Abu Dhabi facility followed by plans for expansion in Bahrain and Saudi Arabia. (Mara Xpress)
September 15th, 2016 - 11:30 GMT

Gulf e-commerce newcomer Mara Xpress plans $10M MENA expansion

The steady surge in Saudi output is the result of an adamant Riyadh oil policy against low oil prices. (File photo)
September 15th, 2016 - 10:00 GMT

Saudi Arabia surpasses the US to become world's largest oil producer

The combined value of exports from Qatar to its top five destinations amounted to QR9.86 billion ($2.71 billion) in July. (NPP)
September 15th, 2016 - 09:02 GMT

Asia increasingly eager for Qatari exports

Russia and Saudi Arabia, the leading global oil producers, earlier this month agreed to work towards a possible freeze in oil output volumes to support oil prices. (Shutterstock)
September 15th, 2016 - 08:00 GMT

Pumping up: OPEC expects larger surplus next year

A 60 per cent plunge in sales was recorded this year, as shoppers forego clothes to meet school fees and other living expenses. (Jordan Times/Muath Freij)
September 15th, 2016 - 06:06 GMT

Eid clothing sales in Jordan drop to lowest level in ten years

A recent government report revealed that the severe liquidity problem is due to the increased bank withdrawals and money stored outside the bank system. (File photo)
September 15th, 2016 - 05:43 GMT

Yemen's liquidity crisis leaves 1.25 million employees unpaid

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