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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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What is the rationale behind the arrest of Saudi Arabia's best known businessman, entrepreneur and philanthropist? In this article, Pat Lancaster attempts to answer the question on everyone's lips. (Neil Hall/ Reuters)
November 7th, 2017 - 08:00 GMT

Why Did Saudi Arabia Arrest Alwaleed Bin Talal?

In this article, Ellen Wald lists five reasons why oil prices are soaring. (AFP/ File)
November 7th, 2017 - 07:00 GMT

5 Reasons Why Oil Prices Are Soaring (No, It's Not the Saudi Arrests)

The new city would be built on a major highway that links Jordan to Iraq and Saudi Arabia. (File photo)
November 7th, 2017 - 06:00 GMT

Jordan Plans New City Near Amman to Ease Overcrowding

Business confidence across the Middle East has fallen to its lowest level since the first quarter of 2016, according to a study. (AFP/ File)
November 7th, 2017 - 05:00 GMT

Business Confidence in Middle East Lowest Since Q1 2016: Study

The nature of life in the UAE is making it hard for residents to think about saving money, according to a new survey. (File photo)
November 7th, 2017 - 04:00 GMT

7 in 10 People in UAE Don't Know How to Save Money: Survey

Companies in Oman will need to adopt the new wage protection system to ensure that all employees are paid on time. (AFP/ File)
November 7th, 2017 - 02:49 GMT

Oman Enforces New Wage Protection System

Saudi Crown Prince Mohammed Bin Salman this week launched an anti-corruption probe that resulted in the arrest of key business people, including Prince Alwaleed bin Talal. (AFP/ File)
November 6th, 2017 - 03:05 GMT

Podcast: Saudi Corruption Probe, New Fed Chief and Other Stories This Week

The Muscat Securities Market (MSM) witnessed a rise in the number of executed transactions, which jumped to 15,087, from 11,293 transactions in September. (Times of Oman)
November 6th, 2017 - 01:55 GMT

Muscat Bourse Achieves 25 Percent Growth in September

No VAT will apply on exports to countries outside the GCC region. (AFP/ File)
November 6th, 2017 - 11:05 GMT

No VAT on Rents, Medications or Non-GCC Exports: Saudi Arabia

Kuwait has banned the recruitment of expats who are under 30 years of age. Pictured here: Kuwait's Emir, Sabah Al-Ahmad Al-Jaber Al-Sabah. (AFP/ File)
November 5th, 2017 - 07:00 GMT

Kuwait Bans Work Visas for Expats Younger Than 30 Years Old

Oil prices are nearing their highest levels in more than two years on expectations of an oil cut extension. (File photo)
November 5th, 2017 - 06:00 GMT

Oil Prices Near Two-Year High on Hopes of a Cut Deal Extension

Tadawul remained the dominant exchange in the GCC in terms of IPO proceeds. (AFP/ File)
November 5th, 2017 - 05:00 GMT

Four IPOs Issued in the GCC in Q3 2017

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