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cargo drone
January 10th, 2026 - 08:53 GMT
Sally Shakkour

Sally Shakkour

Oman presents 'Sahm': First locally made cargo drone

ALBAWABA - Oman has taken a significant step toward strengthening its unmanned aviation and advanced logistics sector with the introduction of “Sahm,” the Middle East’s first strategic cargo drone to be locally assembled, according to the Oman News Agency. The heavy-lift unmanned aircraft was revealed during the “Sky Bridge” event at the Military Technological College, which was held under the patronage of the Minister of Transport, Communications and Information Technology ...
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The report noted that the divergence between supply and demand will likely persist in the coming years, which means that oil prices will remain at relatively low levels. (File photo)
September 18th, 2016 - 07:00 GMT

MENA's projected economic growth rate at weakest since 2009

Air France -KLM will maintain its presence in the Egyptian capital, with Air France operating six weekly flights out of Paris. (Wikimedia Commons)
September 18th, 2016 - 05:30 GMT

KLM to suspend flights to Cairo from January 2017

Prime office rents for upper floors in skyscrapers in the emirate are priced at $43.50 per sqft per annum. (File photo)
September 18th, 2016 - 05:04 GMT

Sky high: Dubai makes top 20 list of world's most expensive office rents

Critics of the new contract are worried about giving foreign companies a stake in the fields. (File photo)
September 18th, 2016 - 04:13 GMT

Revised Iranian oil contract paves way for $10B of investments by 2017

Mara Xpress will invest $500,000 into an Abu Dhabi facility followed by plans for expansion in Bahrain and Saudi Arabia. (Mara Xpress)
September 15th, 2016 - 11:30 GMT

Gulf e-commerce newcomer Mara Xpress plans $10M MENA expansion

The steady surge in Saudi output is the result of an adamant Riyadh oil policy against low oil prices. (File photo)
September 15th, 2016 - 10:00 GMT

Saudi Arabia surpasses the US to become world's largest oil producer

The combined value of exports from Qatar to its top five destinations amounted to QR9.86 billion ($2.71 billion) in July. (NPP)
September 15th, 2016 - 09:02 GMT

Asia increasingly eager for Qatari exports

Russia and Saudi Arabia, the leading global oil producers, earlier this month agreed to work towards a possible freeze in oil output volumes to support oil prices. (Shutterstock)
September 15th, 2016 - 08:00 GMT

Pumping up: OPEC expects larger surplus next year

A 60 per cent plunge in sales was recorded this year, as shoppers forego clothes to meet school fees and other living expenses. (Jordan Times/Muath Freij)
September 15th, 2016 - 06:06 GMT

Eid clothing sales in Jordan drop to lowest level in ten years

A recent government report revealed that the severe liquidity problem is due to the increased bank withdrawals and money stored outside the bank system. (File photo)
September 15th, 2016 - 05:43 GMT

Yemen's liquidity crisis leaves 1.25 million employees unpaid

Istithmar World purchased the QE2 in 2008 and but plans to convert her to a luxury hotel were scrapped due to the financial crisis. (Wikipedia)
September 14th, 2016 - 07:22 GMT

Dubai World's Istithmar initiates massive job cuts in cost rationalization move

Demand surges for internet or network services that help pilgrims maintain contact with their relatives during their stay abroad. (AFP/Ahmad Gharabli)
September 11th, 2016 - 12:00 GMT

Hajj pilgrims' expenditure to reach $6.9B this season

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