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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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Bahrain Clear Company will provide services in the areas of settlement, depository of securities, custodians, and other services. (Bahrain Bourse)
March 2nd, 2017 - 11:00 GMT

Bahrain Bourse to launch auxiliary services company

Lebanese exports have declined due to high production costs in the country.  (Shutterstock/ Robert Kneschke)
March 2nd, 2017 - 10:00 GMT

Lebanon's minister sounds warning over 'total collapse' of industrial and trading sectors

During the event
March 2nd, 2017 - 09:23 GMT

Mövenpick Hotels & Resorts expands further in Saudi Arabia with new project in Wa’ad Al Shamal City

Majid Al Futtaim opens second Carrefour hypermarket in Kenya at the two Rivers Shopping Mall
March 2nd, 2017 - 09:14 GMT

Majid Al Futtaim opens second Carrefour hypermarket in Kenya at the two Rivers Shopping Mall

Hyundai hints at dramatic change for the Sonata facelift
March 2nd, 2017 - 09:05 GMT

Hyundai hints at dramatic change for the Sonata facelift

Rosneft is going through privatization, but remains partially owned by the Russian government. (Rosneft)
March 2nd, 2017 - 09:00 GMT

Russia's Rosneft calls for Libyan autonomy after striking oil deal

DGCX Volumes continue upward trajectory in February
March 2nd, 2017 - 08:47 GMT

DGCX Volumes continue upward trajectory in February

During the event
March 2nd, 2017 - 08:42 GMT

FGB customers win luxury cars in annual Abu Dhabi Credit Card draw

During the event
March 2nd, 2017 - 08:38 GMT

Tasjeel extends its services to Kalba in the Northern Emirates

SAP showcases new technology for connected vehicles with Concur, Hertz, Nokia and Mojio
March 2nd, 2017 - 08:30 GMT

SAP showcases new technology for connected vehicles with Concur, Hertz, Nokia and Mojio

Some MPs made it clear that they will not pass the VAT law which is expected to come into force across the GCC in 2018. (Wikimedia Commons)
March 2nd, 2017 - 08:00 GMT

Is Kuwait standing in the way of its own economic progress?

The highest administrative position for female academics at public colleges and universities was vice-dean. (Tu.edu.sa.)
March 2nd, 2017 - 07:43 GMT

Female Saudi doctor of medicine breaks through university glass ceiling

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