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BUSINESS

BUSINESS latest

Ford Factory
June 30th, 2026 - 09:43 GMT
P. Choiaqo

P. Choiaqo

Ford re-hires fired engineers after AI fails to meet expectations

ALBAWABA - Ford, trying to cut costs as companies do, has bought into the AI buzz and subsequently decided to fire their top safety and quality engineers after deciding that AI can do their job. Turns out, it can’t. Ford, whose boss Jim Farley said: “AI will leave a lot of white collar people behind,” has now rehired those white collar people after AI wasn’t what it was cracked up ...
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ENBD REIT will look to acquire up to 4.4 million shares from the market in its share buyback programme, effective from Thursday 21st February 2019
February 19th, 2019 - 11:08 GMT

ENBD REIT Announces Share Buy-Back Programme

The police said they needed to raise awareness in the community about ways residents can protect their privacy online. (Shutterstock)
February 19th, 2019 - 11:07 GMT

Up to 95 Percent of Dubai's Crimes Will Be Committed Online

A man tries the Saudi Telecom virtual reality glasses on a 5G connected car at the MWC 2018 in Barcelona. (AFP)
February 19th, 2019 - 11:00 GMT

Foldable, 5G Smartphones Will Be the Stars of Spain's Mobile World Congress

The South Korean ambassador to Turkey said Monday a deal signed last August will boost trade volume between the two countries. (Shutterstock)
February 19th, 2019 - 10:53 GMT

Turkey, S.Korea, Sign a Deal to Boost Trade Volume

Bank Nizwa - Wholesale Banking Event Muscat 2019
February 19th, 2019 - 10:47 GMT

Bank Nizwa Gathers Corporate and SME Clients to Bring Islamic Finance to the Forefront in Oman

Britain's tradition of cosying up to dictators will be further entrenched by post-Brexit desperation. (Shutterstock)
February 19th, 2019 - 10:44 GMT

The Snowball Effect of Brexit

Apple Pay will initially be available to Mastercard cardholders with National Commercial Bank and Riyad Bank.
February 19th, 2019 - 10:42 GMT

Mastercard and mada Team up to Offer Apple Pay in the Kingdom

Emirates Airline has been recognised as the best airline several times and continues to make profits. (Shutterstock)
February 19th, 2019 - 10:40 GMT

Emirates Airlines, From a Dream to One of the Biggest Airlines in the World

National Bank of Fujairah cements commitment to the trade finance sector by supporting the GTR
February 19th, 2019 - 10:39 GMT

National Bank of Fujairah Cements Commitment to the Trade Finance Sector by Supporting the GTR MENA 2019

Azizi Aliyah Residence
February 19th, 2019 - 10:21 GMT

Azizi Developments Marks Milestone 90 Percent Completion of Azizi Aliyah

During the event
February 19th, 2019 - 10:09 GMT

Nissan Al Babtain Collaborates With Kidzania Kuwait to Send Winners to the UEFA Champions League Final in Madrid

Electricity across Lebanon should be restored to its normal levels by the start of Thursday. (Shutterstock)
February 19th, 2019 - 10:06 GMT

At Last, Lebanon’s Electricity to Return to Normal by Wednesday

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