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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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Banks are not funding because they are a risky investment and there is a need to have a separate venture capital or guarantee scheme for them. (Shutterstock)
July 8th, 2018 - 08:21 GMT

Default Rate Declined Remarkably Among UAE SMEs

The number of non-Saudi employees fell from 10.42 million at the end of the fourth quarter of 2017 to 10.18 million at the end of the first quarter of 2018. (Shutterstock)
July 8th, 2018 - 08:14 GMT

Almost A Quarter Million Expats Lost Jobs in Q1 in 2018 in Saudi Arabia

Britain, France and Germany along with Russia and China met with Iran in Vienna to offer economic benefits and assurances that would lessen the blow of sweeping US sanctions announced by Trump. (AFP)
July 7th, 2018 - 01:51 GMT

5 World Powers Commit to Iran Deal, Back Oil Exports Despite US Sanctions Threat

Under the deal, Jordan will receive 3 billion cubic metres of gas per year. (Shutterstock)
July 6th, 2018 - 06:30 GMT

Natural Gas From Israel to Jordan in 2020

Naqvi, 57, is currently outside the UAE after the public prosecutor issued a warrant for his arrest. (AFP)
July 6th, 2018 - 06:00 GMT

Abraaj's Founder Nears Out-Of-Court Settlement

The Tripoli railway station, Lebanon, Friday, July 21, 2017. (The Daily Star)
July 5th, 2018 - 12:56 GMT

Turkey Helps Funding Tripoli Train Station Restoration in Lebanon

Prime Minister Omar Razzaz meets with the International Advisory Group in Amman on Thursday. (Jordan Times)
July 5th, 2018 - 12:25 GMT

Jordan Reviews Nuclear Programme Progress With International Advisory Group

Although Lebanese banks are behind many countries in their digital customer service, they’re eager to jump in, despite a lack of hospitable laws. (Shutterstock)
July 5th, 2018 - 11:17 GMT

Lebanese Banks to Fixate on Tech Innovation

The company’s new Asia marker will replace Platts Oman with Dubai Mercantile Exchange (DME) Oman. (Shutterstock)
July 5th, 2018 - 11:12 GMT

Saudi Aramco Changes Asia Crude Oil Price Formula

Saudi women have started to see the unlimited potential in all business areas. (Shutterstock)
July 5th, 2018 - 11:03 GMT

Saudi Business Women Who Broke All Stereotypes

A policeman checks the permits of residents in Saudi Arabia. (Arab News)
July 5th, 2018 - 10:41 GMT

Saudi Officials Warn Against Helping Illegal Workers

The two brands both have three teams playing in their jerseys in the quarter-finals. (Shutterstock)
July 5th, 2018 - 10:15 GMT

Nike Beats Its All-Time Rival Adidas at World Cup

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