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BUSINESS

BUSINESS latest

Sensay Island
May 16th, 2026 - 01:47 GMT
Osama Ali

Osama Ali

"Robot Government" Sparks global debate after AI state launch

ALBAWABA – Tech entrepreneur Dan Thomson has created an experimental micronation dubbed “Sensay Island,” in which AI systems modeled on historical people such as Winston Churchill, Mahatma Gandhi and Nelson Mandela make government decisions. The initiative, near Palawan in the Philippines, is being touted as a real-world experiment in AI government. Since the project’s launch, more than 12,000 people have already applied for digital residency, the report from NDTV says ...
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Gul said he gave his approval for the Internet law after the government said it would push through parliament amendments of the legislation in response to the president’s concerns regarding two articles in the law.
February 19th, 2014 - 03:55 GMT

A step backwards: Turkey passes law to tighten internet usage

By the end of September 2013, gold jewelry demand in Saudi Arabia was 71.7 tons worth $3.4 billion —- up 13 percent year-on-year.
February 19th, 2014 - 03:55 GMT

Are gold markets becoming more and more polarized?

The energy shortage problem facing factories will continue this year and the next year, Abdel Nour said.
February 19th, 2014 - 03:55 GMT

Problem solved? Egypt announces construction of 35 new industrial cities

Retail and hospitality helped Emaar to remain very profitable even after the 2009 property crash in Dubai.
February 18th, 2014 - 09:06 GMT

Tackling the formidable question: is it time to buy or to sell Emaar shares?

Du needs to pay 7.5 per cent of revenues and 20 per cent of net profit as royalty fees to the UAE Federal Government in 2013 compared to five per cent of revenues and 17.5 per cent of net profit.
February 18th, 2014 - 08:49 GMT

Dubai's du tries to maintain optimism amidst plunging profits

KIPCO, a regional investment house with stakes in media, industrial, financial and real estate companies, said in June it was planning an initial public offering of OSN, which it said on Tuesday had nearly one million subscribers.
February 18th, 2014 - 08:32 GMT

Profiting off people's boredom? Cable television brings Kuwait's KIPCO profits up 75%

The master-planned communities will feature landscaped central parks, mosques, educational institutions, healthcare centres, children’s play areas and community centres and will be designed by international architects.
February 18th, 2014 - 08:27 GMT

Emaar and Abdul Latif Jameel come together to introduce master-planned communities

Al Bawaba
February 18th, 2014 - 06:13 GMT

No economy seats on this flight! Qatar Airways to launch business-only travel

The new online platform lets investors track gold prices round-the-clock and manage their metal investments (File Archive/Shutterstock)
February 18th, 2014 - 06:03 GMT

Going for the gold-and silver: Doha opens online metal trading platform

Al Bawaba
February 18th, 2014 - 05:24 GMT

Dam! Why Egypt is halting its Ethiopian dam construction

By 2018, Saudi Arabia's mobile data traffic is expected to reach the equivalent of 469 million text messages each second (File Archive)
February 18th, 2014 - 01:45 GMT

Fast and getting faster: Why mobile data traffic will explode in KSA over next 4 years

Al Bawaba
February 18th, 2014 - 01:23 GMT

Saudization-in Oman?! Well, sort of...

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