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NEO Home Robot
October 30th, 2025 - 08:30 GMT
Sally Shakkour

Sally Shakkour

Tired of chores? Robot developed to do all home tasks for $20,000

ALBAWABA - Norwegian company 1X has announced the launch of sales for its AI-powered NEO Home Robot, designed to function as a domestic helper. The company first unveiled the robot last August and has since made numerous modifications and improvements to enhance its performance. Designed to resemble a human, the robot features a Tendon Drive traction system that utilizes artificial tendons, enabling it to lift objects weighing up to 25 ...
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President Donald Trump’s speech to the World Economic Forum is scheduled for Friday. In the meantime, his delegation made its debut in Davos on Wednesday morning, answering questions on everything from U.S. stock markets to trade with Asia. (AFP)
January 24th, 2018 - 02:54 GMT

Dollar Falls on Trade Worries, Trump Speech at Davos

Iran has identified as many as 15 mines so far, capable of yielding 320 metric tons of processed gold. (Shutterstock)
January 24th, 2018 - 01:00 GMT

Gold Is King: Iran's Gold Production to Hit Record 6 Tonnes in 2018

The decision came after the UAE confirmed it would tackle tax avoidance strategies with tougher reforms. (Shutterstock)
January 24th, 2018 - 12:23 GMT

EU Removes UAE From Tax Haven Blacklist, Keeps Bahrain

Russian investors have approached Saudi Aramco with a proposal to take a stake as the oil giant gears up for an initial public offering (IPO) later this year. (AFP/ File)
January 24th, 2018 - 12:04 GMT

All Eyes on Aramco: Russian Investors Eye Aramco Share Ahead of IPO

With just 1,000 days to go, the Expo 2020 will bring a multitude of opportunities for businesses in the construction, real estate, hospitality and tourism sectors. (Courtesy of BH Engineering)
January 24th, 2018 - 09:15 GMT

Dubai: Countdown Begins For Expo 2020!

Saudi Arabia’s Ministry of Finance said it has sold domestic sukuk for $1.56 billion in its fifth monthly offer of Islamic bonds. (File photo)
January 24th, 2018 - 08:56 GMT

Saudi Finance Ministry Sells Domestic Sukuk for $1.56 Billion

Total household assets in the UAE jumped by 10 percent last year and by over 60 percent over the past decade, according to a new report. (Shutterstock)
January 24th, 2018 - 08:37 GMT

Private Wealth Jumps 60 Percent in 10 Years, to $925 Billion: UAE

Freshmen at the University of Jeddah will be able to skip their preparatory year. Details here. (Shutterstock)
January 23rd, 2018 - 06:00 GMT

Lower Fees for Parents: Students Can Skip Preparatory Year at This Saudi University

Following in the footsteps of South Korea and China, the European Union (EU) is considering stricter rules on virtual currency platforms. (Shutterstock)
January 23rd, 2018 - 01:00 GMT

After South Korea and China: EU Tightening Grip on Bitcoin, Cryptocurrency Platforms

Ivanka Trump is reportedly looking for a new White House Chief of Staff after some reports emerged that Donald Trump was unhappy with current chief John Kelly. (AFP/ File)
January 23rd, 2018 - 12:05 GMT

White House Jobs: Ivanka Trump Reportedly Looking for New Chief of Staff

The IMF has revised its World Economic Outlook for 2018. (AFP/ File)
January 23rd, 2018 - 10:46 GMT

Thanks to US Tax Cuts, IMF Raises Forecast for Global Growth in 2018

Klaus Schwab speaks during the opening session of the World Economic Forum (WEF) in Davos. (Fabrice Coffrini/ AFP)
January 23rd, 2018 - 10:06 GMT

‘We Need Collaborative Efforts’: WEF 2018 Kicks off With Call for Collaboration [Video]

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