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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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UAE's travel and tourism GDP will increase from $18.7 billion in 2016 to $34.6 billion by 2026, with Dubai leading the way. (Shutterstock)
February 15th, 2018 - 09:36 GMT

Tourism Sector to Create 77,400 New Jobs by 2026: UAE

The new tax comes on top of the value-added tax (VAT) and the already existing service tax. (File photo)
February 15th, 2018 - 09:28 GMT

Saudi Arabia Introduces New Tax on Hotels, Furnished Apartments

Ooredoo said, “We are pleased to bring even more offers to Ooredoo Mondays as a way of rewarding our members for their loyalty".
February 15th, 2018 - 09:25 GMT

Ooredoo Oman Reintroduces Exclusive '2 for 1' Mondays Deal for Nojoom Members

Olea Restaurant, St Regis Saadiyat
February 15th, 2018 - 09:12 GMT

St. Regis Saadiyat Island Resort, Abu Dhabi Announces March Promotions

UAE-made KhalifaSat was flown from Dubai to South Korea on an Emirates SkyCargo Boeing 777 freighter aircraft.
February 15th, 2018 - 09:00 GMT

Emirates SkyCargo Transports First Space Satellite Manufactured in the UAE

Khamis Juma Buamim, Board Member, Managing Director and Group CEO of Gulf Navigation Holding Group
February 15th, 2018 - 08:48 GMT

Gulf Navigation Achieves 7 Percent Increase on Gross Profit in 2017

Peter Baumgartner, Etihad Airways Chief Executive Officer, is pictured right with Andrew Fisher, Vice President Fleet Planning, at an employee reception acknowledging the record-breaking achievement.
February 15th, 2018 - 08:36 GMT

Etihad Airways Honours Record Breaking Executive

Anthony Hobeika, Chief Executive Officer of MENA Research Partners
February 15th, 2018 - 08:06 GMT

GCC's F&B Market Set to Grow to $196 Billion by 2021: Report

Jeff Boudreau, president, Dell EMC Storage Division. (LinkedIn)
February 15th, 2018 - 08:04 GMT

Dell EMC Next Generation Converged Infrastructure Makes Data Center Modernisation Even Simpler

The professionals flew the intricate kites with various colors, designs and patterns in a splendid demonstration.
February 15th, 2018 - 07:38 GMT

Kite Fiesta 2018 Soars High With Over 15,000 Attendees at Dubai Outlet Mall

Huawei ranked twenty-fifth on Brand Finance Global 500 2018.
February 15th, 2018 - 07:26 GMT

Huawei Rises to 25th Spot on Brand Finance Global 500 2018

Stefan Pichler, CEO of Royal Jordanian
February 15th, 2018 - 07:15 GMT

Fabulous Fares on RJ’s Global Network in February!

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