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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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The company now owns and manages a fleet of approximately 400 aircraft with a value of over US$14 billion. (Pixabay)
August 20th, 2017 - 12:31 GMT

Dubai's DAE Enters Aircraft Leasing Market With Acquisition of Dublin-Based AWAS

Pilgrims walk near the construction crane which crashed in Mecca's Grand Mosque on September 11, 2015, killing more than 100 and injuring over 200 others. (AFP)
August 20th, 2017 - 10:07 GMT

Saudi Binladin Group Resumes Grand Mosque Project Two Years After Deadly Crane Crash

No instructions to stop dealing in Qatari Riyal, says Saudi Arabia. (Reuters)
August 20th, 2017 - 09:32 GMT

Saudi Arabia Denies Ban on Qatari Riyal Transactions as Haj Season Kicks Off

Indians now account for 22 percent of prime property sales in the UK capital, compared to just 5 percent of sales two years ago. (File photo)
August 17th, 2017 - 10:47 GMT

Indians Beat Arabs as Second-Largest Investors in London Property: Report

Samsung dominates the MENA region's mobile market with 38 percent market share. (Pixabay)
August 17th, 2017 - 10:06 GMT

Samsung Most Popular Mobile Phone in MENA, Says Report

Engie has acquired a 40 percent stake in Tabreed from Mubadala, the Abu Dhabi-based investment company. (Shutterstock)
August 17th, 2017 - 09:56 GMT

France's Engie Completes $762 Million Investment in Tabreed

Noor Bank. (File photo)
August 17th, 2017 - 09:34 GMT

Dubai's Noor Bank Downsizes in Huge Restructuring: Sources

Unemployment among males in 2016 stood at 13.3 percent, while female unemployment reached a whopping 24.1 percent. (AFP/ File)
August 15th, 2017 - 08:27 GMT

Jordan's Unemployment Rate Hits 16-Year High, According to New Figures

The project is expected to produce half of the country’s planned renewable energy output. (File photo)
August 15th, 2017 - 08:20 GMT

Kuwait Issues Tender for $1.2 Billion Solar Project in Al-Dibdibah

Diplomatic ties between the two countries were severed in the wake of Saddam Hussein’s 1990 invasion of Kuwait, but are now being revived. (Christophe Simon/ AFP)
August 15th, 2017 - 07:49 GMT

Saudi Arabia Launches Joint Trade Council With Iraq, Opens Border After 27 Years

Saudi Crown Prince Mohammad Bin Salman. (AFP/ File)
August 15th, 2017 - 07:22 GMT

Saudi Arabia Announces New Authority to Regulate Military Industries

Recurring revenue from Emaar’s shopping malls and retail, hospitality and leisure, commercial leasing and entertainment businesses represents 38 percent of the total revenue. (File photo)
August 14th, 2017 - 02:26 GMT

UAE's Emaar Properties Records 15 Percent Growth in Net Profit for H1 2017

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