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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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During the event
March 14th, 2017 - 04:44 GMT

EQUATE supports industrial advancement at GPCA Research & Innovation Summit

Starbucks operates nearly 600 stores in 12 countries in the Middle East and North Africa. (File photo)
March 13th, 2017 - 06:59 GMT

Has the #BoycottStarbucks anti-refugee campaign succeeded in hurting the coffee giant?

The oil pipeline will transport petroleum products from the port city of Karachi to major consumer Punjab. (File photo)
March 13th, 2017 - 04:00 GMT

Kuwait builds Pakistani oil pipeline from Karachi to Punjab

Russia suspended all its flights to Egypt following the Russian plane crash in Sinai in October 2015. (File photo)
March 13th, 2017 - 03:00 GMT

Russia, Egypt finalize security protocol to resume flights

The Dubai government aims to see 25 percent of buildings in the city constructed using 3D printing technology by 2030. (File photo)
March 13th, 2017 - 02:00 GMT

The future is here: Dubai gears up for world's first 3D-printed skyscraper

The Central Bank of Egypt increased interest rates to curtail inflation, but it has not been effective at reducing price hikes. (File photo)
March 13th, 2017 - 01:12 GMT

Egypt's inflation remains high despite higher interest rates

Aleksandar Vučić, Prime Minister of the Republic of Serbia, and James Hogan, President and Chief Executive Officer of the Etihad Aviation Group, celebrate the opening of a new multi-purpose EAP Shared Services centre in the Serbian capital
March 13th, 2017 - 12:51 GMT

Etihad Aviation Group opens multi-purpose shared services centre in Belgrade

Mastercard Grosvenor
March 13th, 2017 - 12:48 GMT

Mastercard concludes first edition of MENA Leadership Forum in London

Qatar Foundation
March 13th, 2017 - 12:36 GMT

WISE shares research at Oxford talks gathering

Dr. James Reardon-Anderson
March 13th, 2017 - 12:31 GMT

Georgetown Dean to give public lecture on impact of geography on Middle Eastern politics

The Dubai Financial Services Authority
March 13th, 2017 - 12:04 GMT

DFSA hosts Annual Audit Outreach

Lebanon has not ratified a state budget since 2005 due to political bickering between rivals, leading to uncontrolled extra-budgetary spending in the billions of dollars.  (Shutterstock)
March 13th, 2017 - 12:00 GMT

Crunch time for Lebanon's 2017 budget, controversial salary hike bill

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