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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 number of foreign workers in the Kingdom is expected to decline from 12.2 million - or 37 percent of the country’s population - to 32.6 percent by the middle of 2017. (AFP/ File)
August 28th, 2017 - 12:44 GMT

Expat Remittances Drop 8 Percent as Saudi Arabia Enforces Expat Fee

Qatar Airways Group Chief Executive, Akbar al Baker. (AFP/ File)
August 28th, 2017 - 12:24 GMT

Qatar Airways Chief Named Chairman of IATA's Board of Governors

EUR/USD on Monday hit 1.1960, the strongest level since January 2015. (File photo)
August 28th, 2017 - 12:10 GMT

Euro Hits Two-Year High, Close to $1.20

Only 192 M&A deals were recorded across the region during the first half of 2017, compared to 250 deals in 2016. (Shutterstock)
August 28th, 2017 - 11:57 GMT

Middle East's M&A Deals Drop 23 Percent in First Half of 2017: Report

UAE president, Sheikh Khalifa bin Zayed Al Nahyan. (File photo)
August 28th, 2017 - 10:52 GMT

UAE President Approves 5 Percent Value-Added Tax, to Start in 2018

Oman is opening up the real estate market to GCC citizens and other nationalities. (Shutterstock)
August 28th, 2017 - 10:38 GMT

Oman Invests $10 Billion to Build New Homes for Expats

SYNC 3
August 28th, 2017 - 10:32 GMT

Ford’s Sync3 Navigates Its Way to Coveted Stevie Award for Automotive Software Developer NNG

Emaar in its website said that the 17 Icon Bay will offer “views of Burj Khalifa and the wildlife sanctuary” and will offer amenities including a private pool, a fitness center, a children’s play area and a landscaped leisure deck. (AN)
August 28th, 2017 - 10:27 GMT

Emaar to Release Units for Latest Residential Project at Dubai Creek Harbor

Mecca is set to host 30 million pilgrims and Umrah performers by 2030. (File photo)
August 28th, 2017 - 10:22 GMT

Economics of Hajj: Umrah, Hajj Revenues to Exceed $150 Billion by 2022

Radisson Blu Hotel, Jeddah Al Salam
August 28th, 2017 - 10:20 GMT

Radisson Blu Opens Two New Hotels in Saudi Arabia

Bahrain is the first GCC country that Wataniya Airways has touched down in since the airline’s launch in July of this year.
August 28th, 2017 - 10:12 GMT

Wataniya Airways Launches Daily Flights to Bahrain

Millennium currently operates 30 hotels and has 40 hotels in the pipeline across the region. (GB)
August 28th, 2017 - 10:06 GMT

Millennium Hotels to Hire 4,000 in MENA Region by 2018

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