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BUSINESS

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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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Bank ABC Islamic announces first quarter 2023 net profit of US$9.9 million
May 14th, 2023 - 08:40 GMT

Bank ABC Islamic announces first quarter 2023 net profit of US$9.9 million

Gov’t sells 9.5% stake in Telecom Egypt
May 14th, 2023 - 08:29 GMT

Gov’t sells 9.5% stake in Telecom Egypt

The Islamic Development Bank (IsDB) and its development partners, the Abu Dhabi Fund for Development (ADFD), the Bill & Melinda Gates Foundation (BMGF) and the Islamic Solidarity Fund for Development (ISFD) today announced the launch of the second phase of the Lives and Livelihoods Fund (LLF 2.0) on the sidelines of the IsDB Annual Meetings 2023.  The launch event was attended by the principals of the Fund’s founding partners, including His Excellency Mohamed Saif Al Suwaidi, Director General of Abu Dhabi F
May 14th, 2023 - 08:28 GMT

Islamic Development Bank and partners launch the Lives and Livelihoods Fund 2.0 to support economic development across 32 member countries

NBB Sponsors Ahli Club at This Year’s Asian Men's Club Volleyball Championship
May 14th, 2023 - 08:19 GMT

NBB Sponsors Ahli Club at This Year’s Asian Men's Club Volleyball Championship

Emirates Development Bank Concludes Successful Participation in Annual Investment Meeting
May 14th, 2023 - 07:37 GMT

Emirates Development Bank Concludes Successful Participation in Annual Investment Meeting

Emaar records a 43% increase in net profit for Q1 2023 achieving group property sales of AED 9.2 billion ($2.5 billion)
May 14th, 2023 - 07:34 GMT

Emaar records a 43% increase in net profit for Q1 2023 achieving group property sales of AED 9.2 billion ($2.5 billion)

Emaar Development PJSC (DFM: EMAARDEV), the UAE build-to-sell property development business that is majority-owned by Emaar Properties PJSC (DFM: EMAAR), recorded robust property sales with a 26% increase to AED 8.603 billion (US$ 2.342 billion) in Q1 2023 compared to AED 6.843 billion (US$ 1.863 billion) in Q1 2022. This performance resulted from Emaar Development's successful property launches, which created a good revenue pipeline for the future and marked steady progress towards the company's strategic
May 14th, 2023 - 07:22 GMT

Emaar Development records 26% growth in property sales to AED 8.603 billion (US$ 2.342 billion) in Q1 2023

Picture of Musk, humanoid kissing goes viral
May 14th, 2023 - 07:17 GMT

Picture of Musk, robot kissing goes viral

General Motors Recalls Nearly One Million SUVs Over Airbag Concerns
May 14th, 2023 - 07:16 GMT

General Motors recalls nearly 1 million SUVs over airbag concerns

Germany Commits €2.7 Billion in New Military Aid to Ukraine
May 14th, 2023 - 07:11 GMT

Germany commits $2.97b in new military aid to Ukraine

10 Expert Tips for AI Investing: Boost Your Gains
May 14th, 2023 - 06:47 GMT

10 Expert Tips for AI Investing: Boost Your Gains

Federal Tax Authority
May 14th, 2023 - 06:46 GMT

Federal Tax Authority opens Corporate Tax registration for Public Joint Stock Companies and Private Companies

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