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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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UAE Keen on Accelerating AI Adoption in Private Sector. (Shutterstock)
March 7th, 2019 - 08:49 GMT

UAE Keen on Accelerating AI Adoption in Private Sector

The Kingdom’s exports to Qatar in the first 11 months of 2018 amounted to some JD87 million, while Qatari exports to Jordan were valued at around JD82 million. (Shutterstock)
March 7th, 2019 - 08:45 GMT

Qatar Mulls Expanding Its Investments in Jordan

Emiratis will be given priority for jobs in certain sectors. (Shutterstock)
March 7th, 2019 - 08:39 GMT

Emiratization: A Top Priority in Dubai

Palestinian Banking Sector Growth Influenced by Fintech (Shutterstock)
March 7th, 2019 - 08:32 GMT

Palestinian Banking Sector Growth Influenced by Fintech

Saudi Aramco IPO to Be Launched Within Two Years (Shutterstock)
March 7th, 2019 - 08:12 GMT

Saudi Aramco IPO to Be Launched Within Two Years

Ziad Alexandre Hayek. (Twitter)
March 6th, 2019 - 12:02 GMT

Lebanon Withdraws Nomination of Hayek as World Bank President


Oil prices increased on Tuesday as US West Texas Intermediate (WTI) crude oil futures were at $56.28 per barrel. (Shutterstock)
March 6th, 2019 - 11:50 GMT

OPEC to Announce Output Policy in June

The Governor of the Bank of England, Mark Carney attends a press conference at the Bank of England in London on February 25, 2019.(AFP)
March 6th, 2019 - 11:50 GMT

Bank of England: No-Deal Brexit to Threaten Financial Stability of UK, EU

One of Libya's most important oil fields is set to reopen nearly three months after it was taken over by an armed group. (Shutterstock)
March 6th, 2019 - 11:39 GMT

Libya to Reopen Major Oil Field After Being Captivated for 3 Months

Tough Decisions Required to Help Lebanon's Crumbling Economy. (Shutterstock)
March 6th, 2019 - 11:35 GMT

US Official: Tough Decisions Required to Help Lebanon's Crumbling Economy

Companies in the United Arab Emirates’ non-oil private sector cut jobs at the fastest pace in almost a decade. (Shutterstock)
March 6th, 2019 - 11:24 GMT

UAE Private Companies Cut Jobs Due to Low Oil Prices, Turbulent Property Market

The Philippines is projected to see its ultra-rich population grow by 38 percent and China was third with 35 percent. (Pexels)
March 6th, 2019 - 11:22 GMT

Study: Asia to Become Home to Over 1,000 Billionaires

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