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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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With this acquisition, Engie becomes Tabreed's key shareholder, along with Mubadala. (AFP)
June 20th, 2017 - 10:14 GMT

France's Engie Acquires 40 Percent Stake in Tabreed From Mubadala

Viceroy hotel on Abu Dhabi's Yas island. (AFP)
June 20th, 2017 - 10:05 GMT

Abu Dhabi's Mubadala Eyes Remaining 50 Percent Share in Viceroy Group

CEO of Qatar Airways Akbar Al Baker speaks at Le Bourget airport, near Paris, on the opening day of the International Paris Air Show. (Eric Piermont/ AFP)
June 20th, 2017 - 09:49 GMT

Qatar Airways Commits to Route, Fleet Growth Despite Rift: CEO

The report has shown a particular increase in appetite for investments in technology-related sectors, such as IT, FinTech, and e-commerce. (File photo)
June 20th, 2017 - 07:00 GMT

UAE Leads Region in Private Equity Investments: Report

Saudi energy minister Khalid Al Falih. (Fayez Nureldine/ AFP)
June 19th, 2017 - 07:00 GMT

Saudi Arabia's Oil Minister Mulls Energy Price Reforms

Some 8,000 workers will be transferred to other companies. (AFP/ File)
June 19th, 2017 - 06:00 GMT

Saudi Oger's Employees to Be Transferred to Other Companies: Ministry of Labor

A drone. (File photo)
June 19th, 2017 - 12:48 GMT

Saudi Arabia Completes First Stage of Drone Factory in Riyadh

Saudi riyals. (File photo)
June 19th, 2017 - 12:38 GMT

Tough Monetary Conditions in GCC as US Fed Hikes Interest Rates

Kholoud Mousa. (SG)
June 19th, 2017 - 12:29 GMT

KPMG Saudi Arabia Appoints Kholoud Mousa as Partner in Jeddah

The report did not say who the navy suspected to be behind the attack. (File photo)
June 19th, 2017 - 12:20 GMT

Saudi Arabia Foils Terror Attack on Key Offshore Oilfield

Qatar Petroleum's CEO Saad Sherida Al Kaabi. (File photo)
June 19th, 2017 - 12:07 GMT

Qatar Will Not Cut Gas Supply to UAE: QP CEO

Financial data. (File photo)
June 19th, 2017 - 11:32 GMT

Opinion: Fintech Revolution in GCC, Friend or Foe?

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