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BUSINESS

BUSINESS latest

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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Andrew Liveris, executive chairman of DowDuPont
February 28th, 2018 - 06:56 GMT

DowDuPont Announces Brand Names for the Three Independent Companies It Intends to Create

Khalid Al Bustani, General of the Federal Tax Authority
February 28th, 2018 - 06:46 GMT

UAE Federal Tax Authority Approves First Batch of Tax Agents

Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO
February 28th, 2018 - 06:28 GMT

Adnoc Invites Global Financial Players to Invest in Future Growth Opportunities

Sheikh Ahmed Bin Saeed during the official launch of Dubai Maritime Virtual Cluster at DIBS 2018.
February 28th, 2018 - 06:26 GMT

DMCA Highlights Dubai Maritime Virtual Cluster Initiative at Dubai International Boat Show 2018

Net income was at 3.3 billion dirhams last year, from a revenue of 25.5 billion dirhams, which was 20 percent higher from the 17.1 billion dirhams posted in 2016.
February 28th, 2018 - 06:14 GMT

Emirates Global Aluminium Posts 59 Percent Increase in 2017 Net Profit

Tawfeg Ben-Omran, Head of Clinical and Metabolic Genetics
February 28th, 2018 - 06:06 GMT

HMC: Early Detection is Key to the Best Treatment of Rare Diseases

Dr. Mansoor Al Awar, Chancellor of HBMSU and Dr. Abdul Salam Al Madani, Chairman of INDEX Holding
February 28th, 2018 - 05:42 GMT

HBMSU Hosts a Roundtable Discussion on Innovation, Disruption and Transformation

A law on the promotion of digital start-ups and entrepreneurship has been adopted in Tunisia. (Pixabay)
February 27th, 2018 - 06:00 GMT

Tunisia Adopts Law to Promote Entrepreneurship, Digital Startups

The Middle East’s GDP is expected to grow 2.9 percent this year, up from just 1.1 percent in 2017. (AFP/ File)
February 27th, 2018 - 04:00 GMT

2018.. Turning Point for Middle East’s Economy?

"An unsettled mind will not make good decisions." - Warren Buffet to equity investors. (Shutterstock)
February 27th, 2018 - 01:18 GMT

Warren Buffett Just Bought More Shares of Apple, Should You Too?

The Samsung Galaxy S9 release date is set for March 16 globally, but you can pre-order the handset right now. (Courtesy of TechRadar)
February 27th, 2018 - 01:05 GMT

Samsung Galaxy S9 Review: Camera, Battery and Everything In Between

Ibrahim. S. Al-Suwayel, Deputy Governor for Investors’ Services and Consultancy.
February 27th, 2018 - 12:48 GMT

Saudi Investment Authority Extends License Period for Foreign Investment

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