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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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The consumer spending growth moderated thus far in 2012 following an unprecedented year in 2011
September 10th, 2012 - 01:47 GMT

2012 sees continued consumer spending fuelled by salary increases

National Commercial Bank.
September 10th, 2012 - 01:29 GMT

Inflation rises in Kuwait: The cost of food blamed for 0.3 per cent increase of inflation

IMF
September 10th, 2012 - 12:59 GMT

Egypt's long wranglings with IMF to be completed within two months, other lenders offer assistace

Gold: The safe haven
September 10th, 2012 - 12:32 GMT

Gold: High prices indicate uncertain economic future

China, the worlds second largest economy, and the UAE continue to forge links after fivefold increase in trade between the two nations
September 10th, 2012 - 12:05 GMT

UAE and Chinese economies are burgeoning and forging historic links

Record breaking August for Iraqi oil product
September 10th, 2012 - 11:40 GMT

Iraq is now OPECs second largest producer: Highest output for 30 years

Al Bawaba
September 10th, 2012 - 11:27 GMT

Qatar Foundation and Hamad Medical Corporation team up to promote healthy living

Shari'ah compliant companies are doing well, according to Dow Jones
September 10th, 2012 - 10:58 GMT

Shari'ah compliant companies continue to improve

Egypt is trying to reduce its deficit by the sale of sukuk and a loan agreement with the IMF
September 10th, 2012 - 10:37 GMT

Egypt attempts to deal with budget deficit with the selling of sukuk

Al Bawaba
September 10th, 2012 - 09:36 GMT

SAMENA Council partners with Booz & Co. to push for ICT policy evaluation and incentivizing digitization in the region

Coca-Cola
September 10th, 2012 - 09:30 GMT

Fifty million Coca-Cola fans on Facebook invited to make the world a happier place

55-inch ES9500 OLED TV
September 10th, 2012 - 08:40 GMT

Samsung Electronics displays next-generation smart TV technology at IFA 2012

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