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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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The industry had returned to $50 oil and it was enough to stimulate some significant hiring in the upstream sector. (Shutterstock)
February 10th, 2019 - 07:21 GMT

Recruitment Rate to Recover in Oil, Gas Industry

Christine Lagarde, International Monetary Fund chief. (AFP)
February 10th, 2019 - 07:14 GMT

IMF Chief: Corruption Is 'Key Threat' to Middle East Economies

Mr. Ahmed Hussain Hassan Ali as the Lucky Winner of the Al Thuraya Salary Account Monthly Draw.
February 10th, 2019 - 07:06 GMT

Burgan Bank Announces the New Winner of the Al Thuraya Salary Account Monthly Draw

During the event
February 10th, 2019 - 06:47 GMT

Qatar National Library Offers Fitness Advice for People With Disabilities

OPEC has become a battleground for the rivalry between Saudi Arabia and Iran. (Shutterstock)
February 9th, 2019 - 11:28 GMT

Are We Witnessing the End of OPEC?

Bahrain’s potential for sky-high earnings for expats was central to its storming rise up the rankings this year, increasing 10 places on 2017. (Shutterstock)
February 9th, 2019 - 11:10 GMT

Bahrain Among Best Destinations for Expat Careers in 2019

UAE infrastructure spending will ramp up as Expo 2020 Dubai preparations gather pace. (Shutterstock)
February 9th, 2019 - 11:05 GMT

UAE’s Economy the Fastest Growing in GCC in 2019

Tools, services used to commit cyber crime now democratised, with advanced attack methods now available to anyone willing to pay. (Shutterstock)
February 8th, 2019 - 11:45 GMT

Cryptominers Affected Firms 10 Times More Than Ransomware in 2018

The IMF also referred to the importance of the upcoming London conference to support Jordan’s economy and investment. (Shutterstock)
February 8th, 2019 - 11:43 GMT

IMF: Jordan’s New Measures to Help Its Economy Recover Despite Challenges

Lebanon has 143 digital actors (Shutterstock)
February 8th, 2019 - 10:47 GMT

Digitilization, Its Impacts and Challenges in Lebanon

Saudi Arabia has cut its crude output in January by about 400,000 barrels per day. (Shutterstock)
February 8th, 2019 - 10:38 GMT

Saudi Arabia Cuts Crude Output Below OPEC Target

The oil and gas industry spends billions of dollars on audit services and employs hundreds of employees working full-time on audit-related activities. (Shutterstock)
February 7th, 2019 - 01:16 GMT

Report: 5 New Technologies to Transforming Oil & Gas Audit

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