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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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Mark Schneider, Nestlé CEO
February 19th, 2018 - 11:58 GMT

Nestlé Reports Full-Year Results for 2017

About 12 Saudi and 9 UAE companies could potentially list on local exchanges in 2018. (AFP/ File)
February 19th, 2018 - 11:47 GMT

Saudi Arabia, UAE to Drive Middle East’s IPOs in 2018

There might be more volatility of profitability in 2018, as increasing operating costs and fierce competition in the GCC insurance sector will continue to put pressure on less-profitable companies.
February 19th, 2018 - 11:46 GMT

Credit Conditions for Rated Insurers in GCC Will Remain Stable in 2018: S&P Global Ratings

The UAE is building a Mars City in the desert near Dubai for visitors to get a taste of what life is going to be like on Mars. (Dubai Media Office)
February 19th, 2018 - 11:42 GMT

For $137.8 Million, Dubai Builds a City That Looks Like Mars

During the event.
February 19th, 2018 - 11:41 GMT

du's '#PostWisely' Campaign Inspires Conversations Around Harmful Social Media Usage

Sungwan Myung, President of Samsung
February 19th, 2018 - 11:29 GMT

Samsung Unveils a Simple, Seamless and Intelligent IoT Experience at MENA Forum 2018

The event’s C-Suite panel session saw a number of senior female executives sharing their personal leadership stories with the audience.
February 19th, 2018 - 11:21 GMT

Mastercard, ABC Dubai Shine a Light on Female Leadership in Business

Sultan bin Ahmed Al Wahaibi, Chief Business and Wholesale Officer at Ooredoo Oman
February 19th, 2018 - 11:14 GMT

Ooredoo Supports On-Demand Data Speeds for Businesses in Oman

Discussion sessions held under the theme Adoption of Zayed's Approach on Leadership.
February 19th, 2018 - 10:47 GMT

SLC Launches ‘Leadership Challenge’ Initiative to Promote Leadership Capacity

The EDB’s record number of investments in 2017 represents a significant increase of 161% compared to 2016.
February 19th, 2018 - 10:45 GMT

Bahrain Attracts $733 Million New Investments in 2017: EDB

The company's new corporate campaign introduced their new corporate brand, with a new logo and signature line: “From Our Family To Yours”.  (Courtesy of Hassan Allam)
February 19th, 2018 - 10:37 GMT

From Our Family To Yours: Hassan Allam Properties Introduces New Corporate Brand

Mohamed Abu Khattab, consultant specializing in communicable diseases and travel medicine at HMC
February 19th, 2018 - 10:23 GMT

HMC: Qatar Residents Advised to Seek Medical Care If Showing Signs of Illness After Travel Abroad

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