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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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The new budget sees a debt-to-GDP ratio of 89% by the end of June 2020
June 25th, 2019 - 09:00 GMT

Egypt Approves Budget Targeting 7.2 Percent Deficit, 6 Percent GDP Growth

Lebanon’s public debt burden, equivalent to about 150% of GDP, is one of the heaviest in the world.
June 25th, 2019 - 08:30 GMT

IMF: Lebanon Should Approve State Budget ASAP

The plant will come online by 2025 and increase Qatar's polyethylene output capacity by 82 percent.
June 25th, 2019 - 08:00 GMT

Qatar Helps Pakistan With $3 Billion Bailout Package

The improved growth will be driven by spending related to Expo 2020
June 25th, 2019 - 07:04 GMT

Dubai’s Economic Growth to Hit 3.7 Percent in 2020

The United States Fashion Industry Association (USFIA) also thinks that there no other viable alternative to Chinese suppliers for now.
June 25th, 2019 - 07:00 GMT

New Levies on Chinese Imports to Cost Americans $18 Billion a Year

ACWA Power and Silk Road Fund’s further collaboration is a mirror image of the robust and strategic ties between Saudi Arabia and China that is strengthened year after year.
June 25th, 2019 - 06:30 GMT

Silk Road Fund Acquires 49 Percent Stake in Saudi Arabia’s ACWA Power

Carrefour Group will retain a 20% stake in the business and two seats out of seven on Carrefour China’s Supervisory Board.
June 24th, 2019 - 01:00 GMT

Carrefour to Sell 80 Percent Stake in China to Suning.com

It said the average salary of expatriates working in both sectors was SR3,872 — SR3,980 for men and SR2,900 for women.
June 24th, 2019 - 12:00 GMT

Private Sector Companies in Saudi Arabia Pay 59% Less for Same Job in Public Sector

Facebook is unfortunately in the middle of a bad political decision-making process that Congress needs to address.
June 24th, 2019 - 11:30 GMT

The Difficulties Cannabis Related Companies Face on Social Media

The deflationary momentum began in Saudi Arabia and the UAE because the introduction of value-added tax (VAT) in 2018 created a high base for comparison.
June 24th, 2019 - 11:00 GMT

Deflation Continues to Rise in GCC as Consumer Prices Record Steepest Fall

Consumer prices in the GCC overall fell into deflation for the first time since 2000
June 24th, 2019 - 10:30 GMT

Oil Prices Rebound Amid Deflation Fears

The platform will help the FIU prevent money laundering, financing of terrorism and other illicit financial activities.
June 24th, 2019 - 10:00 GMT

UAE Launches First New Anti-Money Laundering Platform in GCC

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