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BUSINESS

BUSINESS latest

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 bank's four additional subsidiaries have also been designated. (Shutterstock)
March 23rd, 2019 - 09:00 GMT

US Sanctions Venezuela's Bank Following Arrest of Guaido's Aide

The recent Capacity Middle East 2019 event in Dubai highlighted the developments in subsea segment. (Shutterstock)
March 23rd, 2019 - 08:00 GMT

How 5G Positions UAE as Global Connectivity Hub

Saudi Arabia and UAE embrace blockchain despite a crash in coin prices. (Shutterstock)
March 23rd, 2019 - 07:00 GMT

Will the GCC Lead the Digital Currency World?

Many fear, with good reason, that fossil-fuel interests will exploit solar geoengineering to oppose emissions cuts.  (Shutterstock)
March 23rd, 2019 - 06:00 GMT

Geoengineering, a Double-Edged Sword

Tech Park. (Twitter)
March 23rd, 2019 - 05:03 GMT

UAE Launches Tech Start-Up Hub From Recycled Shipping Containers

The project aims to create a “human space that will bring back the human life to Riyadh. (Shutterstock)
March 22nd, 2019 - 07:00 GMT

Saudi Arabia to Create Largest Public Park in the World

The strategic food security facilities and warehouses at Hamad Port have capacity to stockpile processed and stored food for 3 million people for two years. (Shutterstock)
March 22nd, 2019 - 06:30 GMT

Qatar Increases Efforts to Achieve Food Security

Finnovex ME 2019 brought together over 300 delegates from eight countries including the UAE, Saudi Arabia, Bahrain, Jordan, Kuwait, Lebanon, Oman and Egypt. (Shutterstock)
March 22nd, 2019 - 06:00 GMT

FinTech Expected to Improve Financial Health of People in GCC

Gulf Air operates five weekly nonstop flights between Bahrain and Athens and provides excellent two-way connectivity between the two countries and beyond. (Shutterstock)
March 21st, 2019 - 12:14 GMT

Gulf Air Named 'Fastest Growing Airline' in Middle East

The UAE allocated Dh10.3 billion for education in 2019 budget. (Shutterstock)
March 21st, 2019 - 11:52 GMT

The Effect of Oversupply of Schools on UAE's Educational Sector

Egypt sought to raise more than EGP100 billion in the budget of 2016-2017. (Shutterstock)
March 21st, 2019 - 11:05 GMT

Egypt Aims to Reach 6.1 Percent GDP, 7.2 Percent Budget Deficit

Google has abused its market dominance by imposing a number of restrictive clauses in contracts with third-party websites which prevented Google's rivals from placing their search adverts on these websites. (Shutterstock)
March 21st, 2019 - 10:59 GMT

EU Fines Google for Third Time in 2 Years

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