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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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EFG Hermes stressed that BLOM’s stocks had outperformed the remaining listed shares of Lebanese banks on the Beirut Stock Exchange.
August 23rd, 2017 - 11:39 GMT

Lebanon’s Three Largest Banks Growing Slowly: Report

The new Samsung Note 8 will be announced on August 23, 2017. (Shutterstock)
August 23rd, 2017 - 11:35 GMT

Watch: Samsung Reveals Note 8 in Two Videos Ahead of Today's Launch

Expo 2020 on Tuesday signed a deal with the Emirates Intellectual Property Association (EIPA) to help guard its intellectual property rights. (Shutterstock)
August 23rd, 2017 - 11:31 GMT

Expo 2020 Dubai Moves to Protect Brand

The project was successfully delivered to the Saudi Customs at King Abdullah Port, making the port a pioneer in equipping the central operations center and activating the 24-hour container inspection initiative.
August 23rd, 2017 - 11:15 GMT

King Abdullah Port Throughput Rises 14 Percent in First Half of 2017

Home page.
August 23rd, 2017 - 10:53 GMT

Ooredoo’s New Website Gathers Acclaim From Visitors Across Oman

Summer of Heritage Event
August 23rd, 2017 - 10:46 GMT

Dubai Culture Concludes Its ‘Summer of Heritage’ Event on a Bright Note

City Centre Ajman
August 23rd, 2017 - 10:40 GMT

City Centre Ajman Offers Complimentary Services

Ahmad Bin Shafar, CEO of Empower
August 23rd, 2017 - 10:29 GMT

Empower’s ‘Smile at 24 Degrees’ Campaign Records Saving of 5.2 per Cent Energy in the Second Month

According to the law, tobacco and energy drinks will be taxed at 100 percent, while other soft drinks will receive a 50 percent levy. (File photo)
August 23rd, 2017 - 10:22 GMT

UAE to Apply 100% Tax on Tobacco, Energy Drinks Starting October 1

Thuwaini Khaled Al-Thuwaini, deputy chief investment banking officer
August 23rd, 2017 - 10:14 GMT

Warba Bank Acquires Property in Dallas

LG SIGNATURE Launch Brand and Product Ambassadors
August 23rd, 2017 - 10:10 GMT

LG’s First Ultra-Premium Brand LG SIGNATURE Debuts Across the GCC

Sultan Ahmed Bin Sulayem, Group Chairman & CEO, DP World
August 23rd, 2017 - 10:03 GMT

Dubai Exports Brings East Asia Closer With New Office in Hong Kong

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