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BUSINESS

BUSINESS latest

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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Al Bawaba
June 24th, 2008 - 06:02 GMT

US Consumer Confidence Falls More Than Expected To A Fresh 16-Year Low

Al Bawaba
June 24th, 2008 - 05:19 GMT

Fed, ECB, BoE: Hawkish Comments Meant To Bring Down Inflation Expectations, But Will One Bank Actually Hike?

Al Bawaba
June 24th, 2008 - 03:07 GMT

U.K. Mortgage Approvals Decline to Lowest Level since May 1997

Al Bawaba
June 24th, 2008 - 12:53 GMT

Euro Rebounds But Remains Capped - Will US Consumer Crumble?

June 24th, 2008 - 12:25 GMT

IFA Hotels & Resorts signs US$100 million loan agreement with Emirates NBD

June 24th, 2008 - 12:20 GMT

Schön Properties establishes new niche in property market

June 24th, 2008 - 12:12 GMT

Kaya Skin Clinic spreads its wings in the UAE, opens its eighth clinic in Sharjah

June 24th, 2008 - 12:02 GMT

Manpower research reveals Middle East as growing destination for workers, with UAE ranking in top 10 preferred destinations worldwide

Al Bawaba
June 24th, 2008 - 09:12 GMT

Dollar Prepares Another Rally

June 24th, 2008 - 06:49 GMT

First Energy Bank holds first shareholder meeting

Al Bawaba
June 24th, 2008 - 01:34 GMT

Dow Clings to Gains, Quiet Trading in Yen Crosses

Al Bawaba
June 24th, 2008 - 01:32 GMT

British Pound Sells Off on Dovish Comments

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