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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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UAE is ranked as the 17th most competitive country globally. (Shutterstock)
August 15th, 2018 - 07:28 GMT

Report: UAE Economy Ranks First as The Most Competitive Economy in MENA

Car sales are one of the important indicators illustrating the state of the Lebanese economy. (Shutterstock)
August 15th, 2018 - 07:24 GMT

Car Sales Fall in Lebanon Due to Economic Slowdown

Temenos will support financial innovation in Egypt by providing start-ups with access to the world’s number one core banking solution to be used as their development environment. (Shutterstock)
August 15th, 2018 - 07:13 GMT

New Agreement to Boost Fintech Ecosystem in Egypt

The NPSL help strengthen Oman’s payment infrastructure while supporting the introduction of innovative and efficient payment channels. (Shutterstock)
August 15th, 2018 - 07:05 GMT

Oman Central Bank to Launch E-Wallets

President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States. (AFP)
August 15th, 2018 - 07:00 GMT

Turkey to Boycott US Electronics in an Attempt to Strengthen Lira

Global oil demand growth for 2019 was lowered by 20,000 barrels per day (bpd) to 1.4 million bpd while non-OPEC oil supply in 2019 was revised up by 30,000 bpd to 2.13 million bpd. (Shutterstock)
August 14th, 2018 - 09:50 GMT

OPEC Report: Lower Oil Demand in 2019

Enoc has asked residents to not respond to such fake emails and immediately contact them to check the authenticity of the communication. (Shutterstock)
August 14th, 2018 - 09:45 GMT

Avoid This New Scam in UAE

The sharp rise in the price of gold seen in the past few days off the back of the Turkish lira crisis. (Shutterstock)
August 14th, 2018 - 09:18 GMT

Investors Shift to Gold Due to Turkish Lira Plummet

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. (Shutterstock)
August 14th, 2018 - 09:09 GMT

UAE Issues New Decrees Supporting People With Disabilities

Telecom Egypt is 80 percent state-owned, with the remainder of its shares listed on the Egyptian and London stock exchanges. (AFP)
August 14th, 2018 - 08:55 GMT

UAE Banks to Lend $500 Million to Telecom Egypt

The technology is most often associated with cryptocurrencies – like bitcoin – which often raise suspicion about their reliability and volatility, as well as their use for criminal purposes. (Shutterstock)
August 14th, 2018 - 08:54 GMT

World Bank to Sell World’s First Blockchain-Based Bonds

Oman recently launched a National Summary Data Page (NSDP), becoming one of the first GCC countries to implement the IMF’s recommendations of e-GDDS. (Shutterstock)
August 14th, 2018 - 08:22 GMT

Oman Leads GCC Countries As It Implements the IMF’s eGDDS Recommendations

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