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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 sought to raise more than EGP100 billion in the budget of 2016-2017. (Shutterstock)
March 21st, 2019 - 11:05 GMT

Egypt Aims to Reach 6.1 Percent GDP, 7.2 Percent Budget Deficit

Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. (Shutterstock)
March 21st, 2019 - 10:59 GMT

EU Fines Google for Third Time in 2 Years

Tourists from Germany ranked at the top of the arrivals list with 13 percent. (Shutterstock)
March 21st, 2019 - 10:14 GMT

Travel and Tourism Contribute to Egypt’s GDP by 11.9 Percent

Rents declined by 10-15 per cent in 2018 compared to 2017. (Shutterstock)
March 21st, 2019 - 09:38 GMT

Declining Expat Numbers Affects Oman's Rental Market

Small-scale development was evident in the fields of market sophistication, infrastructure, institutions, and business sophistication categories, according to Enterprise.
March 21st, 2019 - 08:46 GMT

Egypt Soars 10 Places in the 2018 Global Innovation Index

The recessionary indicators are numerous. (Shutterstock)
March 21st, 2019 - 08:40 GMT

Opinion: The Snowball Effect of the Coming Recession


Mazen Tarazi (Twitter)
March 21st, 2019 - 08:33 GMT

Syrian Businessman Linked to Assad Arrested in Kuwait

The net flow as a percentage of assets for Saudi Arabia funds increased by about 48 percent this year. (Shutterstock)
March 21st, 2019 - 08:27 GMT

Global Exchange Funds Build Cash Piles to Place in Saudi Arabian Equities

The streaming giant will continue to tighten its grip and make more shows available in the region, the CEO said. (Shutterstock)
March 21st, 2019 - 06:00 GMT

Netflix to Expand Its Audience in the Region

Amman, Jordan (Shutterstock)
March 21st, 2019 - 05:00 GMT

Jordan’s Public Debt Exceeds $40 Billion

Money laundering, bribery and corruption were identical at around 12 per cent. (Shutterstock)
March 20th, 2019 - 07:00 GMT

Survey: 44 Percent Have Fallen Victim to Financial Crime

The French capital was the only eurozone city in the top 10, rising from second most expensive last year and from seventh position two years ago. (File/Photo)
March 20th, 2019 - 11:28 GMT

These Are the Three Priciest Cities in the World

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