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Morfius X-Rotor
July 26th, 2026 - 12:21 GMT
P. Choiaqo

P. Choiaqo

New ‘drone killer’ unveiled capable of eliminating 50 drones at once

ALBAWABA - Wars have never failed to drive technological progress forward, the latest U.S.-Iran war has led the engineers at Lockheed Martin to develop a new anti-drone weapon called the ‘Morfius X-Rotor’ unveiled at London’s 2026 Farnborough Airshow. Though a prototype has been revealed, the Morfius is still undergoing production before a final version can be sold to the U.S. military - which has been eyeing the anti-drone weapon. Morfius ...
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UAE-based DP World wants to increase the capacity of Sokhna port in Egypt. (AFP/File)
April 10th, 2017 - 09:37 GMT

Dubai's DP World has big plans for Egyptian port

'I will eat you alive,' Philippine President Rodrigo Duterte told terrorists during an address to the Filipino community in Laos in September 2016. (AFP/Ye Aung)
April 10th, 2017 - 08:22 GMT

Philippines' Duterte on GCC tour to discuss investment, workers' rights

Banque du Liban in Beirut. (File photo)
April 9th, 2017 - 01:40 GMT

Lebanon: Financial inflows to jump 20 percent amid better economic conditions

The smart city will accommodate 25,000 to 40,000 households and construction is expected to begin in 2019. (File photo)
April 9th, 2017 - 01:22 GMT

South Korean consortium wins bid to build smart city in Kuwait

Qatar has one of the highest penetration rates in the MENA region of 176 percent behind only the UAE and Bahrain. (Al Bawaba)
April 9th, 2017 - 12:46 GMT

Qatar: Telecom sector’s share of GDP up 0.4 percent

The full impact of the recent corporate tax increase in Oman and higher royalty charges for telecom companies will result in earnings stress for listed companies during the first quarter of 2017. (Al Bawaba)
April 9th, 2017 - 11:44 GMT

Oman: Listed companies report 20 percent fall in net earnings

The recent slump in oil prices has constrained activity for consultants in the GCC. In fact, the market has slowed to about 6 percent growth from 15 percent in 2014. (Shutterstock)
April 9th, 2017 - 10:19 GMT

GCC consulting sector hit by lower oil prices: Report

One of the two proposed methanol plants is backed by a Chinese group which has a subsidiary in neighboring UAE. (Shutterstock)
April 9th, 2017 - 09:33 GMT

Chinese firms eye methanol projects in Oman

Gulf Keystone Petroleum, an operator in the Kurdish north of Iraq, said it has the funding necessary to move regional production to 40,000 bpd and could potentially hit 55,000 bpd. (Shutterstock)
April 9th, 2017 - 08:20 GMT

Kurdish oil production, exports set to rise: Operator

The new entertainment city will contribute to diversify the sources of national income, boost Saudi economy and create more employment opportunities for young people. (AFP)
April 9th, 2017 - 07:30 GMT

Saudi Arabia gears up for giant entertainment city in tourism push

Markets fall after the US launched dozens of missiles against an airbase in western Syria on Friday. (File photo)
April 9th, 2017 - 06:42 GMT

Stock markets fall in aftermath of US airstrikes in Syria

The price of oil has hit its highest level for a month in response to the US missile attack on a military base in western Syria: Agencies. (AFP/File)
April 7th, 2017 - 07:45 GMT

Oil prices jump after Trump launches military strike on Syria

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