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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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Exemptions for Saudi firms investing in Abu Dhabi will be related to land, lease and rents. (File photo)
October 12th, 2017 - 11:31 GMT

Saudi Firms Investing in Abu Dhabi Will Get Special Exemptions, Says UAE Official

Saudi Aramco celebrated this week the opening of a new office in India. Here's why it's good news for oil markets. (File photo)
October 11th, 2017 - 07:00 GMT

Opinion: Why Saudi Aramco's New India Office Is Good News for Oil Prices

Russia has been backing Bashar al-Assad in the long-running civil war in Syria. (AFP/ File)
October 11th, 2017 - 06:00 GMT

Russia Eyes Direct Shipping Line to Syria, a Boost for Syrian Regime

Russia said on Tuesday it would block access to websites of exchanges that offer cryptocurrency such as Bitcoin. (File photo)
October 11th, 2017 - 05:00 GMT

Bitcoin Soars Again, Despite Russia's Plan to Block Bitcoin

From 2000 to 2015, India's imports from OPEC nations increased from $2 billion to nearly $140 billion. (AFP/ File)
October 11th, 2017 - 10:52 GMT

Could India Be World’s Next Big Driver of Oil Consumption?

Morocco's FDI reached $1.92 billion in January-August 2017, against $1.47 billion a year earlier. (File photo)
October 11th, 2017 - 10:21 GMT

Morocco's FDI up 30 Percent in 2017, to $1.92 billion

Uber's new centre will provide more than 700 direct jobs to Egyptians. (AFP/ File)
October 11th, 2017 - 10:09 GMT

Uber Turns to Middle East for Growth, Launches $20 Million Egypt Center

There is genuine concern by GCC governments to develop renewable energy. Here's what each country is doing to reduce its dependence on oil. (File photo)
October 11th, 2017 - 09:37 GMT

How Saudi Arabia, Kuwait, UAE and Bahrain Are Moving Towards a Greener Economy

Through this deal, Rosneft has become a partner in the development of the largest gas field in the Mediterranean Sea. (AFP/ File)
October 11th, 2017 - 09:22 GMT

Russian Oil Company Rosneft Buys 30 Percent Stake in Egypt's Zohr Gas Field

Saudi Aramco this week launched a subsidiary in India. But what is Saudi Aramco exactly looking for in India? (AFP/ File)
October 11th, 2017 - 08:54 GMT

Why Did Saudi Aramco Launch a Subsidiary in India?

On Sunday, the U.S. Embassy in Turkey suspended its non-immigrant visa service. Turkey retaliated by suspending non-immigrant visa services at all Turkish diplomatic facilities in the U.S. (AFP/ File)
October 10th, 2017 - 11:04 GMT

US-Turkey Conflict Risks Damaging Trade, Economic Relations: Businessmen

Saudi Arabia’s international brand value has soared by 19 percent, ranking the Kingdom second in the region after the UAE, according to a report released Monday. (File photo)
October 10th, 2017 - 10:39 GMT

UAE, Saudi Arabia Top Brands in Middle East Region: Report

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