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BUSINESS

BUSINESS latest

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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LG CTO Envisions Life Enhanced by Next Generation of Consumer-Focused Artificial Intelligence Innovations.
January 8th, 2019 - 09:56 GMT

LG Electronics’ Promise of AI for an Even Better Life Delivered at CES 2019 Keynote

The airline said this decision has been taken after a careful review of customer feedback and operational considerations. (File/Photo)
January 8th, 2019 - 09:44 GMT

Emirates Cancels the Chauffeur Service for These Passengers

57% of MENA women seek employment for financial independence - Bayt.com and YouGov survey
January 8th, 2019 - 09:38 GMT

Bayt.com: Establishing a successful career is a main source of happiness for Middle East’s female professionals

The Minister of Commerce announced 35,000 jobs for Saudis around the Kingdom. (Shutterstock)
January 8th, 2019 - 09:34 GMT

Saudization Continues, 35,000 Jobs Announced for Saudis Only

During the event
January 8th, 2019 - 09:32 GMT

Burgan Bank Conducts Emergency Evacuation Drill for Staff

Analysts say that the coming weeks could witness heavy volatility due to concerns regarding US government shutdown, Brexit uncertainty and flat global economic growth. (Shutterstock)
January 8th, 2019 - 09:15 GMT

Uncertainty Dominates the Oil, Equity Market Despite the Positive Momentum

Market likely to hit the bottom in a few months and pick up before Expo 2020. (Shutterstock)
January 8th, 2019 - 09:06 GMT

Dubai Real Estate Prices to Drop Down by 10 Percent

The phased growth plan will triple the scale of the financial hub. (Shutterstock)
January 8th, 2019 - 09:02 GMT

DIFC 2.0: Major Contributor to Shaping the Future of the World's Economy

Míchel Salgado, former Spain and Real Madrid defender, and current Assistant Coach to the Egyptian national team, lauds technology as major boon to the world of sport
January 8th, 2019 - 08:57 GMT

Microsoft Teams up With Real Madrid Legend for Open Cloud Innovation Day at Dubai Sports City

The country is unlikely to make its debt sustainable through fiscal adjustment because that would require a sharp decline in interest rates or substantial economic growth. (Shutterstock)
January 8th, 2019 - 08:51 GMT

Would Restructuring the Debt Help Lebanon Avoid a Financial Crisis?

During the event
January 8th, 2019 - 08:42 GMT

Al Ansari Exchange Donates $1 Million to Gavi, the Vaccine Alliance

Huawei today announced HUAWEI P smart 2019 for pre order until 8 January 2019.
January 8th, 2019 - 08:22 GMT

The New and Improved All-Rounder: Huawei Launches New Huawei P Smart 2019, Offering a Larger Screen and AI Dual Camera

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