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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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Kim, who had served in the role since 2012, announced on Monday that he would leave his post well ahead of his term's expiration at the end of 2021, reports CNN. (Shutterstock)
January 8th, 2019 - 08:08 GMT

World Bank President Resigns to Join Private Firm

Mohammed Tariq Deen, General Manager
January 8th, 2019 - 08:03 GMT

Hilton Hotel Promoted Mohammed Tariq Deen as New GM

Many were forced to cut their prices by 15-20 percent to attract buyers, yet even that did little to improve the property market. (Shutterstock)
January 8th, 2019 - 08:01 GMT

Report: Real Estate Sales in Lebanon Plummets in 2018

The case has rattled Nissan's alliance with French automaker Renault SA, where Ghosn still remains chairman and chief executive. (AFP)
January 8th, 2019 - 07:49 GMT

Nissan Ex-Chair Ghosn Claims Innocence in First Court Appearance

Hawthorn Suites by Wyndham JBR
January 8th, 2019 - 07:49 GMT

Hawthorn Suites by Wyndham JBR Welcomes New Executive Chef

Revenues jumped from $74.5 billion in 2013 to $177.9 bill ion last year and are projected to reach $232.3 billion in 2018. (Shutterstock)
January 8th, 2019 - 07:38 GMT

Amazon Becomes the World's Biggest Publicly-Traded Company

Helal Saeed Almarri, Director-General of Dubai Tourism
January 8th, 2019 - 07:35 GMT

Dubai Tourism Releases Dh250 Million in Bank Guarantees of Tourism Companies to Boost Investment in Ecosystem

Mohammed Amin, Senior VP, META, Dell EMC
January 8th, 2019 - 07:28 GMT

2019: The Year of the Data-Driven Digital Ecosystem

Mansoor Ahmed, Director Healthcare, Education & PPP for MENA Region at Colliers International
January 8th, 2019 - 07:13 GMT

Middle East IVF Market Worth $1 Billion as Infertility Rates Rise to 15 Present in the Region

During the event
January 8th, 2019 - 07:03 GMT

CrediMax Wraps Up 2018 'We Give The Max' Campaign

The ASUS Dual GeForce RTX 2060 is for gamers who value pure performance.
January 8th, 2019 - 06:27 GMT

ASUS Middle East Announces ROG Strix, ASUS Dual, and Turbo Geforce RTX 2060 Gaming Graphics Car

During the event
January 7th, 2019 - 01:06 GMT

Russian Ambassador Attends QBG’s Tree-Planting Ceremony

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