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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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The astronaut who will be selected as the first one to head to space will be announced later this year. (Shutterstock)
September 30th, 2018 - 07:41 GMT

UAE's First Space Voyage Set for April 5th 2019

Industry experts agree that Middle East organizations are turning to digital consultancies to help solve business challenges – including budget constraints, over-extension of IT infrastructure, optimizing information management, and finding minimal time to value for digital business solutions and strategies. (Shutterstock)
September 30th, 2018 - 07:28 GMT

MENA Enterprise Software Market to Exceed $ 760 Million in 2018

Qatar’s budget outlays for this current fiscal year are based on an assumed oil price of $45 a barrel, but if the oil prices continue to coast as they do now, Seetharaman said investments would flow into the country. (Shutterstock)
September 30th, 2018 - 07:19 GMT

Qatar’s Resilience Post Blockade - Business as Usual?

“We remain, despite the blockade, the world’s top exporter of LNG. Our reserves and funds are estimated to stand at 250 percent of the GDP, whether it is in cash reserves of in sovereign wealth fund investments. These are sufficient to sustain the country for another couple of decades.” (Shutterstock)
September 30th, 2018 - 07:01 GMT

Qatar’s Banking, Energy Sectors Stable and Profitable Despite Siege

The grant focuses on the rehabilitation of water networks, distribution and drainage networks in Yemen and water supply stations to prepare them for civilian use. (Shutterstock)
September 30th, 2018 - 06:51 GMT

Qatar Supplies 19.3 Million Yemenis With Water and Sanitation Projects Amidst the Saudi-UAE Led War on Yemen

Egypt began setting a monthly customs exchange rate in January 2017, following the liberalization of its currency in November 2016. (Shutterstock)
September 30th, 2018 - 06:32 GMT

Egypt to Stick to EGP16 to $1 for October

European Union Foreign Policy Chief Federica Mogherini said on Wednesday a so-called Special Purpose Vehicle (SPV) will facilitate trade with Iran and it will go into force before November. (Shutterstock)
September 30th, 2018 - 06:23 GMT

Iran Urges EU to Launch the New Financial Mechanism Ahead of Looming US Sanctions

The Kingdom’s banking sector is the most secure in the Arab region, where capital adequacy in Jordan amounted to 18.5 and 17.8 per cent in 2016 and 2017, respectively. (Shutterstock)
September 30th, 2018 - 06:14 GMT

Jordan's Banking Sector Is Most Secure in the Arab World, With $70.4 Billion Assets

While employment levels remain consistent, only 11% of the total pool of employees studied were recruited in the last 12 months. That’s down by nearly 20% year over year, indicative of people staying in their jobs longer in an uncertain economic environment. (Korn Ferry)
September 30th, 2018 - 05:55 GMT

Can Saudi Strike a Balance Between Its Rising Inflation Rate and Uneconomic Salary Bonuses?

According to the annual Korn Ferry study which surveyed 600 companies across 20 economic sectors, 72 per cent of companies gave their employees a raise in 2018. (Shutterstock)
September 30th, 2018 - 05:37 GMT

Report: UAE Salaries on the Rise

Qatar Explores How Fintech Can Shape Its Future Economy. (Shutterstock)
September 27th, 2018 - 06:32 GMT

Qatar Explores How Fintech Can Shape Its Future Economy

Monday’s sessions were characterized by disorganization, and saw the endorsement of just five draft laws amid cacophonous debate. (AFP)
September 27th, 2018 - 06:28 GMT

Lebanon's Dysfunctional Parliament Endorses Bills Crucial to Economy and Healthcare

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