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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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Russia will provide Egypt with a $25 billion loan, equivalent to 85 percent of the construction cost of the new nuclear plant. (File photo)
December 10th, 2017 - 08:28 GMT

Egypt, Russia to Sign Dabaa Nuclear Deal This Week

"Buy our gas and you'll save oil," President Vladimir Putin told Saudi Arabia's Energy Minister Khalid al-Falih. (AFP)
December 10th, 2017 - 08:14 GMT

Russia Looks to Sell Its Gas to Saudi Arabia

Startups and SMEs represent more than 90 percent of the companies in Lebanon, according to a new study by Fransabank. (File photo)
December 6th, 2017 - 03:19 GMT

SMEs, Startups Make up 90 Percent of Lebanon’s Businesses: Report

South Sudan still owes neighboring Sudan $1.3 billion of the amount agreed upon in the 2012 oil deal. (AFP)
December 6th, 2017 - 03:11 GMT

South Sudan Owes Khartoum $1.3 Billion in Oil Debt: Official

Billionaire and businessman Prince Alwaleed bin Talal was among those who were detained in a sweeping anti-corruption purge of the Saudi elite. (AFP/ File)
December 6th, 2017 - 03:04 GMT

Most Detained in Saudi Purge Agree to Cash Settlements: Attorney General

Emirates REIT has successfully closed a $400 million five-year Sukuk with a profit rate of 5.12 percent per annum. (Emirates REIT)
December 6th, 2017 - 02:49 GMT

Emirates REIT Successfully Closes $400 Million, Five-Year Sukuk

The UAE is the second-largest recipient country of foreign direct investment (FDI) in the Middle East, and the 11th largest in Asia. (File photo)
December 6th, 2017 - 02:42 GMT

UAE Second-Largest Recipient of FDI in Middle East

"The MoU highlights our commitment to [enhancing] clean energy technologies that would enable sustainable development in line with Saudi Vision 2030." - Khalid Al Falih, Saudi Minister of Energy (Courtesy of SPA)
December 5th, 2017 - 02:40 GMT

Saudi Arabia, US Sign Clean Energy Deal

Turkey's inflation rose exponentially during 2017, from 9 percent in January to almost 13 percent in November. (AFP/ File)
December 5th, 2017 - 02:22 GMT

Turkey's Inflation Hits 14-Year High in November

Middle East airlines will see net profits doubling to $600 million in 2018, up from the $300 million they made in 2017, according to IATA. (File photo)
December 5th, 2017 - 02:00 GMT

Middle East Airlines' Profits to Double in 2018, Says IATA

Travel agencies in Saudi Arabia can now issue visas for tourism. (AFP/ File)
December 5th, 2017 - 01:50 GMT

Saudi Arabia Allows Travel Agencies to Issue Tourist Visas

"The UAE supports Jordan, and is returning 'favors' to the Kingdom." - UAE ambassador. (File photo)
December 4th, 2017 - 02:30 GMT

UAE to Build $220 Million Renewable Energy Project in Jordan

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