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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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Eshraq’s fully owned Nuran Marina hotel apartments achieved a 91.4% occupancy milestone for the year 2017.
February 15th, 2018 - 11:00 GMT

Eshraq Properties Announces Stellar Preliminary Financial Results for 2017

If you want to get an estimate from an online calculator for a financial product, make sure you check the following things. (Shutterstock)
February 15th, 2018 - 10:59 GMT

Know the Traps: 3 Things to Check When Using an Online Calculator

The owner of 'Lebanon' Island in Dubai has put the development up for sale. (Gulf Business)
February 15th, 2018 - 10:55 GMT

For Dh100 Million, You Can Buy an Island in Dubai

Saif Al Mansoori, Head of Listed Companies at ADX
February 15th, 2018 - 10:55 GMT

ADX Achieves 99 Percent in Disclosure Compliance in 2017

Oil prices continued to rise on Thursday, after a lower than expected rise in U.S. inventories and Saudi renewed commitment to curtail production. (File photo)
February 15th, 2018 - 10:48 GMT

Oil Prices Rise on Thursday on US Inventory Figures, Saudi Comments

The Hala February offer is exclusively open on Friday, 16 February, valid from 12:01 am until 11:59 pm.
February 15th, 2018 - 10:45 GMT

Jazeera Airways Offers Travelers Fantastic 'Hala February' Deals This Friday

Samsung has today released a handful of new teaser videos for the Galaxy S9 and S9 Plus. Watch them here. (Pexels)
February 15th, 2018 - 10:42 GMT

Watch: Samsung Releases Teaser Videos for Galaxy S9 and S9 Plus

Wojciech Bajda, Head of GCC at Ericsson
February 15th, 2018 - 10:37 GMT

Ericsson Participates as Strategic Digital Innovation Partner at Bitex Bahrain 2018

The company reported a 14.9 percent increase in fourth-quarter profit to Dh425 million, compared to Dh370 million a year ago.
February 15th, 2018 - 10:31 GMT

du Records 15 Percent Increase in Fourth-Quarter Profit for 2017

Saudi Minister of Energy Khalid Al-Falih. (AFP/ File)
February 15th, 2018 - 10:28 GMT

Saudi Arabia to Double Gas Production in 10 Years: Khalid Al-Falih

The new shop is the best destination to purchase anything from an Aston Martin print to clothing from our lifestyle collection.
February 15th, 2018 - 10:21 GMT

Aston Martin Online Store Opens for Business

Gulfood is the world’s largest annual food and beverage trade show.
February 15th, 2018 - 09:56 GMT

Gulfood 2018 Provides Perfect Platform for More Than 5,000 Food Industry Leaders

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