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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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Istithmar World purchased the QE2 in 2008 and but plans to convert her to a luxury hotel were scrapped due to the financial crisis. (Wikipedia)
September 14th, 2016 - 07:22 GMT

Dubai World's Istithmar initiates massive job cuts in cost rationalization move

Demand surges for internet or network services that help pilgrims maintain contact with their relatives during their stay abroad. (AFP/Ahmad Gharabli)
September 11th, 2016 - 12:00 GMT

Hajj pilgrims' expenditure to reach $6.9B this season

Construction cranes behind Mecca's Grand Mosque, 2008. (AFP/Khaled Desouki)
September 11th, 2016 - 10:00 GMT

Mecca expansion projects to proceed despite troubled construction sector: Mayor

The mall is located in 6th of October City and will feature more than 350 lifestyle, entertainment, and convenience-oriented outlets, and 50 food and beverage outlets. (Majid Al Futtaim)
September 11th, 2016 - 09:00 GMT

Majid Al Futtaim's $673M Mall of Egypt slated for March opening

Some institutions in Lebanon are paying half a salary to their staff while others resort to arbitrary layoffs with no compensation. (Shutterstock)
September 11th, 2016 - 08:00 GMT

Lebanon: 2000 layoffs in the wake of economic and political crises

The project is strategically located in Mawaleh in Muscat. (File photo)
September 11th, 2016 - 07:00 GMT

Kuwait's Al Mazaya to invest in Oman residential housing project

Vice-President and Prime Minister of the UAE and Ruler of Dubai Shaikh Mohammad Bin Rashid Al Maktoum welcomed a special group of 16,000 Chinese tourists to Dubai in April 2014. (WAM)
September 11th, 2016 - 06:00 GMT

UAE visa on arrival for Chinese hopes to boost trade and tourism

The forum discussed the use modern technology to reduce the cost of Islamic finance operations. (Pixabay)
September 11th, 2016 - 05:28 GMT

Global Islamic finance system to expand to $6.5T by 2020: IFSB

The money will be used to “create job opportunities and improve citizens’ living standards,” according to Minister of International Cooperation Sahar Nasr. (File photo)
September 11th, 2016 - 04:13 GMT

Egypt receives first payment of $3B World Bank loan

BeIN holds exclusive rights over the broadcasting of many football tournaments in Egypt, putting it in a dominant position that enables it to dictate its terms on subscribers. (BeIN)
September 8th, 2016 - 01:00 GMT

Egypt's competition watchdog warns BeIN Sports against monopolistic practices

Dubai can easily attract investment amounting between $50B-$100B in the foreseeable future through brand positioning strategy and an effective marketing campaign, according to one economist. (File photo)
September 8th, 2016 - 12:00 GMT

Singapore, Dubai can steal London's crown as global financial hub: PWC

The acute shortage of liquidity forced the Binladin Group to stop work on a series of projects and relieve thousands of its employees and workers. (File photo)
September 8th, 2016 - 10:54 GMT

Binladin Group crisis: 100,000 workers remain unpaid

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