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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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Shares of Zain Saudi, a unit of Kuwait’s Zain, have risen 8 per cent since the order was announced, compared to a 6.4 per cent gain by the Tadawul All Share Telecommunications Index. (Gulf Business)
November 7th, 2016 - 08:00 GMT

DEWA to move headquarters to 'world's largest net zero-energy building' in 2019

Once Saudi Arabia sorts its visa issues it is more than ready to accommodate international patients. (Shutterstock)
November 7th, 2016 - 07:00 GMT

Saudi Arabia seeks public-private partnerships for medical tourism proposal

The UAE's confectionary sector is also anticipated to grow with total chocolate and sweets sales growing by 6.2 percent CAGR by 2020. (Sweets.news)
November 7th, 2016 - 06:06 GMT

UAE's food sales market expected to hit $16.7B by 2020

Some 60 female ophthalmologists graduated from King Saud University versus only eight male ophthalmologists. (Shutterstock)
November 6th, 2016 - 12:00 GMT

Saudi Arabia to lift restrictions on women working in pharmacies, optical stores

Lebanon has not yet passed laws on e-commerce and e-banking. (Shutterstock)
November 6th, 2016 - 11:00 GMT

Lebanon's lawmakers push for legislation overhaul to combat rising cybercrime

Hosted by the Abu Dhabi National Oil Company (Adnoc) and organised by dmg events, Adipec will commence tomorrow with the official opening ceremony. (ADIPEC)
November 6th, 2016 - 10:13 GMT

Global oil and gas giants converge on Abu Dhabi for ADIPEC 2016

Revenues from corporate income tax have seen a remarkable increase in Oman. (Shutterstock)
November 6th, 2016 - 09:00 GMT

Oman gears up for tax system amendments

Saudi's growth of purchasing activity eased to a four-month low in October, but remained faster than that seen for output and new work. (File photo)
November 6th, 2016 - 08:00 GMT

Saudi Arabia: Latest austerity measures impact non-oil private sector growth

While executives are acknowledging the tougher economic climate the region is facing at present there is also optimism that the oil-led slump is presenting its own opportunities. (AFP/Neville Hopwood)
November 6th, 2016 - 07:00 GMT

GCC smart city plans: Dazzling tech and a dose of realism

So far, the UAE has signed 103 agreements on avoidance of double taxation on income. (Shutterstock)
November 6th, 2016 - 06:00 GMT

UAE, Argentina ink deal to avoid double taxation

The government announced in 2014 adopting a strategy to cut fuel subsidies that already eats up 20 percent of the state budget. (File photo)
November 6th, 2016 - 05:11 GMT

Egypt hikes fuel prices up to 47 percent

The central bank said the move aims to regain foreign currency exchange within the banking sector and ending the disturbance in the currency market. (File photo)
November 3rd, 2016 - 02:03 GMT

Egypt floats the pound, hikes interest rates to kickstart the economy

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