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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 ...

Vision 2030 that was once a dream has now been translated into a reality with giant steps forward to achieve the needed reforms and to carry out the needed transformations. (Shutterstock)

December 17th, 2018 - 07:05 GMT

Opinion: Saudi's Vision 2030 Is More a Reality Than a Dream

The new T-bills have already started putting pressure on the commercial banks, which have had to earmark part of their Lebanese pound liquidity to buy the bonds. (Shutterstock)

December 16th, 2018 - 10:30 GMT

New Treasury Bills to Be Issued in Lebanon With Higher Interest Rates

Oman has launched an aggressive drive to recruit more of its local citizens in its private sector. (Shutterstock)

December 16th, 2018 - 10:14 GMT

Expats Are Needed in Oman for 'Mega Infrastructure Projects'

The Prime Minister stressed the importance of maintaining the competitive advantages of the pharmaceutical industry and its reputation locally and internationally as the Kingdom's second largest exporter. (Shutterstock)

December 16th, 2018 - 08:43 GMT

Jordan Aims to Enhance Economic Value of Pharmaceutical Industry

Out of 280,000 residents, about 350 people are involved in the tourism industry in Jerash, which is 48km north of Amman. (Shutterstock)

December 16th, 2018 - 08:33 GMT

Jerash’s Tourism Sector Provides Jobs for 1 Percent Only of Its Population

The Japanese official reviewed the Japan-sponsored peace and prosperity corridor initiative that aims to achieve peace and economic empowerment, especially for the Palestinians and the projects carried out in this regard. (Shutterstock)

December 16th, 2018 - 08:04 GMT

Japan to Loan Jordan $300 Million

Iran's trade surplus of mineral products hiked to $4.58 billion during the said period. (Shutterstock)

December 16th, 2018 - 07:56 GMT

Iran's Mineral Trade Surplus for First 8 Months in 2018 Worth $6.87 Billion

Commander Rebecca Rebarich, a Pentagon spokeswoman, stated on Friday that the US Central Command (CENTCOM) was specifically looking to reimburse about $36.8 million for fuel costs and $294.3 million for flight hours, which were not included in the initial bills and were therefore paid for with taxpayer money. (Shutterstock)

December 16th, 2018 - 07:36 GMT

Saudi, UAE to Pay the US $331 Million for Air Refueling "Accounting Error"

A MoU was also signed to extend the Saudi grant for maintenance of the King Abdulaziz Mosque in the Tunisian capital of Tunis. (Shutterstock)

December 16th, 2018 - 07:25 GMT

Saudi, Tunisia Sign MoUs Targeting Development and Agriculture

The first phase of the project, scheduled for completion in the first quarter of 2022, will include up to 3,000 hotel rooms, an airport to serve the destination, and yacht marinas, as well as residential properties and recreational facilities. (Shutterstock)

December 16th, 2018 - 07:10 GMT

Saudi Arabia Has High Hopes on Red Sea Tourism Projects. Will They Pay Off?

The currency recovered most of its losses after significant tightening by the country's central bank. (Shutterstock)

December 16th, 2018 - 06:46 GMT

Fitch Is Not Optimistic About Turkey's Economic Outlook

Turkish Parliament Speaker Binali Yildirim noted Turkey’s place among the world’s top 20 economies. (Shutterstock)

December 16th, 2018 - 06:35 GMT

Turkey Aims to Increase Exports to $200 Billion