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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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Egypt is targeting 6 percent GDP growth in the 2019/20 fiscal year that began on July 1.
October 30th, 2019 - 06:34 GMT

Egypt's GDP Grows 5.6 Percent in Q3

The company raised $165 million in a funding round last year, claiming a valuation at the time of over $1 billion.
October 29th, 2019 - 12:13 GMT

Israeli Tech Company Mulls $1.5 Billion Nasdaq IPO

UAE to Lower Petrol Prices in November.
October 29th, 2019 - 12:05 GMT

UAE to Lower Petrol Prices in November

The Global AI Summit was announced on the sidelines of the Foreign Investment Initiative (FII 2019).
October 29th, 2019 - 11:17 GMT

Saudi Arabia to Host Global AI Summit in 2020

FDI flows from Kuwait came on top, in absolute terms, with an additional BD45.2 million flowing into the Kingdom during the second quarter.
October 29th, 2019 - 11:07 GMT

Bahrain FDI Hits $28.7 Billion in Q2

The region has in recent years experienced a surge in portfolio and bank flows which, in many countries, helped finance external and fiscal deficits.
October 29th, 2019 - 10:53 GMT

IMF Calls for Structural Reforms in the Region to Promote Jobs Growth

The Istanbul Airport, whose first phase officially opened in October 2018, took over air traffic from the former main Ataturk Airport on April 6.
October 29th, 2019 - 10:30 GMT

Turkey: Istanbul Airport Welcomes over 40 Million Passengers Since Opening

Iran economy contracted 4.8 per cent last year and it will slip deeper into the recession this year.
October 29th, 2019 - 10:26 GMT

IMF: Iran to See Zero Growth in 2020

The healthcare sector is amongst the most attractive sectors in the Kingdom.
October 29th, 2019 - 10:00 GMT

Saudi Arabia: Healthcare Spending Projected to Soar to $160 Billion by 2030

The former Nissan chairman holds Lebanese nationality. He is awaiting trial in Japan on charges of financial misconduct, which he denies.
October 29th, 2019 - 09:49 GMT

Japan Tax Authorities Uncovers Records of Ghosn Using Nissan Money for Private Use

The leaderless rallies have drawn people from around Lebanon furious at sectarian political leaders they see as plundering state resources for personal gain.
October 29th, 2019 - 09:30 GMT

Lebanon: Public Sector Workers Will Be Paid Despite the Revolution

There's still an awful lot of discrepancy and uncertainty in the markets as to what the Fed will do next year
October 29th, 2019 - 09:00 GMT

US Dollar Slips on Trade Optimism

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