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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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No changes on the dependent fee this year, says Saudi Arabia. (AFP)
January 3rd, 2018 - 12:00 GMT

Saudi Arabia: Dependent Fee on Track, to Hit SR400 by 2020

The UAE is firmly on course to be one of the best performers among other regional economies over the next five years. (Pixabay)
January 3rd, 2018 - 11:40 GMT

Trade, Tourism Main Drivers of UAE’s Growth Over Next 5 Years: Analysts

Turkey is raising its minimum wage by 14.5 percent as of January 1. (AFP)
January 2nd, 2018 - 01:00 GMT

Turkey Raises Minimum Wage by 14.5 Percent in 2018

Saudi Arabia stands 12th among G20 nations in terms of the average fall in the rate of unemployment during the third quarter of 2017. (AFP)
January 2nd, 2018 - 12:00 GMT

Saudi Unemployment Falls 5.8 Percent in 2017: Report

In its 2018 state budget Jordan has included, for the first time, a social safety network to make up for the rising cost of living. (AFP)
January 2nd, 2018 - 11:00 GMT

Jordan Introduces Cash Support to Poorer Citizens in 2018 Budget

The encouraging sign of Adnoc IPO will lead to optimistic outlook from the other oil companies in the region, according to analysts. (AFP)
January 2nd, 2018 - 10:00 GMT

Adnoc Distribution IPO Could Spur More Listings in Energy: Experts

Inflation in Saudi Arabia is likely to rise in coming months on the back of the hike in electricity prices, fuel prices and implementation of a VAT regime. (AFP)
January 2nd, 2018 - 09:00 GMT

Inflation to Rise in Saudi Arabia With VAT, New Fuel Prices

The introduction of a VAT regime in the UAE marks the beginning of a new era for the UAE economy where the general public will start sharing the burden of budgetary expenditure. (AFP)
January 2nd, 2018 - 08:00 GMT

VAT Begins in UAE: How Will It Affect Purchasing Power?

Iran and Russia are finalizing an agreement between their central banks to overcome financial sanctions by the US. (AFP)
January 1st, 2018 - 09:37 GMT

Iran, Russia Finalizing Deal to Integrate Their Banking Systems

From the year’s biggest IPOs to Saudi Arabia’s new dependent fee and the Qatar crisis, here’s a roundup of some of the most significant business stories of 2017. (AFP)
December 31st, 2017 - 05:28 GMT

2017 Year in Review: Al Bawaba’s Top 10 Business Stories

Emirates expanded its network to over 156 destinations in 2017. (AFP/ File)
December 31st, 2017 - 01:28 GMT

Emirates Ends 2017 With Fleet and Product Milestones

Qatar’s trade surplus expanded to QR12.8 billion in November, a 32 percent jump from a year ago. (Shutterstock)
December 31st, 2017 - 10:00 GMT

Qatar’s Trade Surplus Up 32 Percent in 2017, Despite Blockade

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