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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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Citigroup announced that it intends to exit its consumer business in Egypt, along with its businesses in other 10 countries.
October 19th, 2014 - 03:55 GMT

Done and over with? Citigroup quits consumer banking in Egypt

Al Bawaba
October 19th, 2014 - 03:55 GMT

The cost of delivery: how to financially prepare yourself for having a baby

Euro Disney has a debt of about 1.7 billion euros
October 17th, 2014 - 12:44 GMT

A soft spot for Disney princesses? Prince Al-Walid Bin Talal to help bailout Euro Disney

The mall was opened by Prime Minister Wael al-Halaqi on October 9. It includes "seven restaurants, a playroom for children and shops."
October 17th, 2014 - 12:38 GMT

There's no blaming 'outside forces' this time: Al-Assad loses supporters over $50 million glitzy mall investment

This is the fourth time (2008, 2009, 2010 and 2013), that Generation’s annual report has seen the airport operator nudge ahead to first place position.
October 17th, 2014 - 12:24 GMT

A grand accomplishment: Dubai Duty Free regains No.1 spot for the fourth time

Al Bawaba
October 17th, 2014 - 12:11 GMT

600 hotel rooms booked: Egypt chooses partners for economic summit conference

The value of investments of Jordanians in Turkey is around 500 million euros (JD450 million), in Egypt over JD350 million and over JD50 million in London’s real estate market
October 17th, 2014 - 12:00 GMT

The forgotten rich: how and why Jordanians are spending billions in property markets abroad

Al Bawaba
October 16th, 2014 - 11:52 GMT

Time to catch up to its neighbours: $145 billion worth of projects underway in Oman

The majority of these children were Egyptians, Syrians, Burmese and from the African continent.
October 16th, 2014 - 11:46 GMT

Stay-at-home kids? 30,000 expat children unable to enroll in Saudi schools

 The slump represented a wipe-off in market value of about $255 billion for European stocks listed on the broad STOXX Europe 600 index
October 16th, 2014 - 11:41 GMT

The new recession? European stocks suffer biggest one-day slide since 2011

The shale revolution has been driven by hundreds of disparate U.S. companies drilling thousands of new wells.
October 16th, 2014 - 11:29 GMT

Wishful thinking: is Saudi Arabia slowly, but maturely, winning the global oil price war against the US?

Al Bawaba
October 16th, 2014 - 10:24 GMT

Emirates NBD strengthens partnership with Dubai Police

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