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Ford Factory

June 30th, 2026 - 09:43 GMT

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 ...

Al Bawaba

January 22nd, 2019 - 07:15 GMT

IMF Slashes Global Growth Outlook for 2019 Due to Weaker Oil Prices, US and China Trade War

Qatar announces heavy investment in Lebanon's government bonds as means of supporting the latter's economy. (Shutterstock)

January 22nd, 2019 - 07:09 GMT

Qatar to Invest $500-Million in Lebanon’s Government Bonds

The initiative aims to provide more work opportunities for Saudi women. (Shutterstock)

January 22nd, 2019 - 07:07 GMT

New Work Standards for Women in Saudi Arabia

Getting the world's richest 1 percent to pay just 0.5 percent extra tax on their wealth could raise more money than it would cost to educate the 262 million children out of school. (Shutterstock)

January 21st, 2019 - 12:47 GMT

Opinion: Changing the Taxing System Could Reduce the World Wealth Gap

Jordan highlights plans to attract more patients for treatment in Jordan. (Shutterstock)

January 21st, 2019 - 12:02 GMT

Jordan Eyes International Patients a Key Driver for the National Economy

Berlin has revoked Iranian airline Mahan's right to operate in Germany. (Shutterstock)

January 21st, 2019 - 10:47 GMT

Germany Bans Iranian Airline on Suspicion of Terrorist Activities

Qatar has pledged $50 million to create jobs for young people in the Middle East at an Arab economic summit in Lebanon. (Shutterstock)

January 21st, 2019 - 10:10 GMT

Qatar Pledges $50 Million to Create Jobs for The Arab Youth

Taxable persons/companies must apply for this if they fulfill any of the conditions laid down by the law. (Shutterstock)

January 21st, 2019 - 09:49 GMT

Companies in UAE Can Deregister for VAT Under This Condition

30 Percent of Saudis' Salaries in Private Sector to Be Paid by the Government

January 21st, 2019 - 09:43 GMT

30 Percent of Saudis' Salaries in Private Sector to Be Paid by the Government

Egypt’s Foreign Currency Reserves Soar to $42.6 Billion

January 21st, 2019 - 09:26 GMT

Egypt’s Foreign Currency Reserves Soar to $42.6 Billion

E-commerce will play an increasingly greater role in Lebanon and in the region. (Shutterstock)

January 21st, 2019 - 08:56 GMT

Lebanon to Rely on E-Commerce to Solve Its Economic Issues

Saudi Arabia’s non-oil sector growth will accelerate to 2.8 percent this year as the lagged effect of higher crude prices and production feeds through to the non-oil sectors. (Shutterstock)

January 21st, 2019 - 08:51 GMT

Report: Saudi Economy to Expand 2 Percent