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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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Iran and Russia are finalizing an agreement between their central banks to overcome financial sanctions by the US. (AFP)
January 1st, 2018 - 09:37 GMT

Iran, Russia Finalizing Deal to Integrate Their Banking Systems

From the year’s biggest IPOs to Saudi Arabia’s new dependent fee and the Qatar crisis, here’s a roundup of some of the most significant business stories of 2017. (AFP)
December 31st, 2017 - 05:28 GMT

2017 Year in Review: Al Bawaba’s Top 10 Business Stories

Emirates expanded its network to over 156 destinations in 2017. (AFP/ File)
December 31st, 2017 - 01:28 GMT

Emirates Ends 2017 With Fleet and Product Milestones

Qatar’s trade surplus expanded to QR12.8 billion in November, a 32 percent jump from a year ago. (Shutterstock)
December 31st, 2017 - 10:00 GMT

Qatar’s Trade Surplus Up 32 Percent in 2017, Despite Blockade

Saudi Arabia has announced that it is working on a mechanism to return the value-added tax (VAT) to tourists in 2018. (Shutterstock)
December 31st, 2017 - 09:00 GMT

Tourists to Get Refund on VAT Paid in Saudi Arabia

250,000 travelers are expected to arrive into Dubai from 28 December to 1 January 2018. (Shutterstock)
December 31st, 2017 - 08:00 GMT

Hundreds of Thousands to Fly Through Dubai for New Year's Eve

Sajwani’s net worth has in turn increased significantly over the last six months from $3.7bn to $4.3bn. (File photo)
December 28th, 2017 - 01:02 GMT

Interview With Hussain Sajwani, the Man Behind Damac

Banks’ assets in Qatar rose by QR14 billion in November, a 10.9 percent jump from a year ago. (Shutterstock)
December 28th, 2017 - 11:00 GMT

Qatar Banks’ Assets Grow by 10.9 Percent in 2017, Despite Blockade

Public transportation in the UAE under the Executive Regulations Article 45 are exempt. (File photo)
December 28th, 2017 - 10:00 GMT

No VAT on Dubai Metro, Taxis in UAE

Qatar facilitated faster customs procedures in 2017, which in turn helped diversify the sources of direct imports to the country. (File photo)
December 28th, 2017 - 09:00 GMT

Qatar Finds New Suppliers of Strategic Goods in 2017: Official

The skills in highest demand in 2018, which are likely to see an increase salary wise, are VAT expertise and digital. (File photo)
December 28th, 2017 - 08:00 GMT

Will Your Pay Hike Beat VAT in UAE?

Turkish Economy Minister Nihat Zeybekci said the country is expected to exceed its revised export target of $156.5 billion by the end of 2017. (AFP)
December 27th, 2017 - 11:06 GMT

Turkey’s Exports to Exceed Targets in 2017: Official

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