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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 legislation requires the State Investment Council, which manages more than $80 billion in pension assets, to identify any potential investments in companies with Israeli boycotts and to divest from them. (File photo)
August 17th, 2016 - 07:00 GMT

New Jersey becomes the latest US state to pass anti-BDS legislation

Parliamentary speaker Abdul Aal said that Egyptian airports have implemented about 85% of Russia’s demands regarding flight safety recommendations. (AFP/File)
August 17th, 2016 - 06:00 GMT

Russian delegation returns to Egypt for airport security review

Global Innovation Index measured the performance of 128 countries and is based on 82 sub-indices. (File photo)
August 17th, 2016 - 05:00 GMT

UAE moves up the tables for innovation

The estimated cost of drilling one well in Zohr concession in the Mediterranean Sea’s deep water is roughly $100m. (File photo)
August 17th, 2016 - 04:00 GMT

Egypt: Eni investment in Zohr gas plant reaches $3.5B

The successful auction follows Qatar's nine billion dollar sale of Eurobonds in May 2016, which marked the largest-ever bond issue in the Middle East.  (File photo)
August 17th, 2016 - 04:00 GMT

Qatar auctions $825M in first domestic government bond this year

An educational ministry spokesman said it was working with international firms to set up the independent schools model. (File photo)
August 16th, 2016 - 02:00 GMT

Saudi education ministry set to make 2000 government schools independent

An attempt to jointly freeze production levels earlier this year failed after Saudi Arabia backed out over Iran's refusal to take part of the initiative. (Shutterstock)
August 16th, 2016 - 01:17 GMT

Oil prices hit five-week high but skepticism remains over OPEC meeting

Al Faisaliyah Tower in the business district of Riyadh. (Shutterstock)
August 16th, 2016 - 12:16 GMT

Saudi Arabia: Foreign investors ownership expected to double with lifted restrictions

In June 2016, British Airways announced that it was suspending flights to Sharm El Sheikh indefinitely.  (File photo)
August 16th, 2016 - 09:00 GMT

British Airways partners with Egyptian tour operators with new On Business initiative

On a per litre basis, the new retail gasoline price is still less than half of the cost of gasoline in Europe and the lowest in the GCC. (Shutterstock)
August 16th, 2016 - 07:00 GMT

Kuwait's energy subsidy cuts 'a bold move': World Bank

Egypt's Mohamed Mahmoud poses with his bronze medal on the podium of the Men's 77kg weightlifting competition at the Rio 2016 Olympic Games. (AFP/GOH Chai Hin)
August 16th, 2016 - 06:00 GMT

Rio 2016: Organizers struggling to meet overwhelming demand for halal food

Investcorp has seen its most active period since the firm’s inception in the last 12 months after signing five new deals and exiting nine portfolio companies. (Shutterstock)
August 16th, 2016 - 05:00 GMT

Bahrain's Investcorp buys UK's Nebulas to become European cybersecurity giant

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