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European Union AI Act
July 28th, 2026 - 11:24 GMT
P. Choiaqo

P. Choiaqo

EU passes law enforcing AI labels on content

ALBAWABA - The European Union passed an act that will come into force on Sunday, mandating companies to label AI generated content to consumers. The act includes deepfakes and all aspects of image generation or alteration using AI, in order to better enable European consumers to tell real and fake content and advertising apart. The labeling will start with chatbots, making it clear to users that they are speaking with ...
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Banking regulators should work with banks to adopt good practices in the management of human, natural and financial resources. (Shutterstock)
October 4th, 2018 - 05:27 GMT

This Is Why Arab Banks Should Implement Green Banking

OPEC and Russia capped oil output in January 2017 to drive up prices. (Shutterstock)
October 4th, 2018 - 05:14 GMT

Saudi Arabia, Russia Will Not Lower Oil Prices, Despite Trump's Plea

The government announced earlier that it plans to raise a stake in Banque du Caire on the EGX, as part of its plan to float shares of public companies and banks on the stock exchange to raise between EGP 6bn and EGP 8bn per year. (Shutterstock)
October 3rd, 2018 - 07:38 GMT

Banque Du Caire Will Go Public, Raising up to EGP 8 Billion per Year

Essam al-Zamil was charged with a range of accusations, including membership of a terrorist organization. (PressTV)
October 3rd, 2018 - 07:29 GMT

Saudi Charges Economist Issam Al Zamil With "Terrorism" Because of His Critical Views on Bin Salman's Vision

EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran. (Shutterstock)
October 3rd, 2018 - 07:18 GMT

Here's Why EU's Plan to Help Iran Ahead of US Sanctions Can Be Problematic

In regards to debt instruments, the minister explained that Egypt is facing challenges, in terms of high interest rates, foreigners’ liquidation and market exit, whether in government financial instruments or the stock market. (Shutterstock)
October 3rd, 2018 - 07:14 GMT

Egypt Sets 4-Year Limit to Reduce Public Debt to 70 Percent

KIF 2018 announced a series of projects across diverse sectors of the economy from infrastructure development, renewable energy, to the digital transformation initiatives of the country. (Shutterstock)
October 3rd, 2018 - 07:00 GMT

Kuwait Is Ready for Your Investments; Here's How

In order to implement these energy programs and projects, the Kingdom attaches great importance to the issue of encouraging investment in the energy sector in general and in the renewable energy sector in particular. (Shutterstock)
October 3rd, 2018 - 06:59 GMT

Morocco Vows to Invest Over $ 40 Billion in Energy Sector by 2030

GCC banks have now recognized most of the impact of the softer economic cycle on their asset quality. (Shutterstock)
October 3rd, 2018 - 06:55 GMT

Report: GCC Banks to Stay Strong Next Year, but With Conditions

Development will continue, but technology will drive its progress, is the message the city wants to convey to investors and expats. (Shutterstock)
October 3rd, 2018 - 04:09 GMT

Opinion: Dubai Still Has Space to Grow

Muscat, the capital, recorded the highest number of arrests with 380 followed by A'Dakhiliyah governorate with 60. During the same week, 386 violating labourers were deported. (Shutterstock)
October 3rd, 2018 - 03:50 GMT

Oman Cracks Down on Expats With 600 Arrests in a Week

The Kingdom plans to build two large nuclear power reactors as part of a program to deliver up to 16 nuclear power plants over the next 20 to 25 years at a cost of more than US$80 billion. (Shutterstock)
October 3rd, 2018 - 03:40 GMT

Opinion: Saudi Should Go Nuclear

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