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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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Five per cent VAT is expected to produce revenues of over $25 billion per annum for the six GCC countries. (Shutterstock)
September 26th, 2018 - 05:14 GMT

Bahrain Next in Line to Implement VAT in GCC

The competition includes creating technologies for all aspects of spacecraft manufacturing. (Shutterstock)
September 26th, 2018 - 05:10 GMT

UAE Is on the Look-out for the Next Space Startups

Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because US sanctions. (Shutterstock)
September 25th, 2018 - 06:26 GMT

Volvo Exists Iran Due to US Sanction

Commercials will typically trigger gold to fall through support levels and as Managed Money sells. (Shutterstock)
September 25th, 2018 - 06:20 GMT

If You've Invested in Gold, You Might Want to Read This

The project will support women and youth. (Shutterstock)
September 25th, 2018 - 06:12 GMT

Jordan to Tackle Support Issues for Startups With $98 Million Fund

The volume of trade exchange between Jordan and Spain is currently at JOD430 million, compared to JOD230 million in 2013. (Shutterstock)
September 25th, 2018 - 06:06 GMT

Trade Between Jordan and Spain at JOD 430 Million

The medical insurance segment posted a net profit margin of 3.5 percent in 2017 compared to 4.6 percent in 2016. (Shutterstock)
September 25th, 2018 - 05:55 GMT

Insurance Companies Struggling as Healthcare Costs Rise in Lebanon

The fraudsters would resort to "fake" phishing methods to convince the victim that they have access to personal information. (Shutterstock)
September 25th, 2018 - 05:33 GMT

Beware of This New Phone Scam in the UAE

Al Ahli Bank of Kuwait K.S.C.P. priced a highly successful $300 million bond. (Shutterstock)
September 25th, 2018 - 05:25 GMT

Kuwait's ABK Launches $300 Million Bond, Its First Foray Into Capital Markets in 2018

Iran's oil exports have already fallen by nearly one-third since Trump's announcement. (Shutterstock)
September 25th, 2018 - 05:14 GMT

Iran Oil Exports Bullish, Despite Falling by One-Third Since Trump's Announcement

The majority of expats have come to Kuwait according to authenticated contracts either as domestic helpers, laborers or are seeking jobs in the private sector. (AFP)
September 25th, 2018 - 05:07 GMT

Opinion: Why is Kuwait Raging a War Against Expats?

Qatar is likely to set aside around QR20 billion next year for the ongoing revamp of the infrastructure inside Doha in the run-up to the 2022 FIFA World Cup. (Shutterstock)
September 25th, 2018 - 04:57 GMT

Qatar to Spend QR 20 Billion Next Year on Infrastructure Ahead of World Cup 2022

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