EU AI content labeling rules now in force with fines up to €15 million
The European Union’s AI content labeling rules took effect on 2 August, requiring companies to mark realistic content made or altered by artificial intelligence with visible and machine-readable signals. The measure sits inside the EU AI Act, the first broad legal framework for the technology. Its aim is to cut misinformation and give people a […]
Emirates NBD acquires HSBC Egypt retail arm in regional expansion push
Emirates NBD acquires HSBC Egypt’s retail banking business under a definitive agreement announced on Sunday, a plan that widens the Dubai lender’s consumer reach in the Arab world’s most populous market. The wholly owned Egyptian unit, Emirates NBD Egypt, will take on the portfolio once regulators sign off. Neither bank disclosed the price. Let’s see […]
Dubai Media Narrative Committee Formed to Unify the Emirate’s Global Message
The Dubai Media Narrative Committee will take charge of how the emirate speaks to the world, under a decision issued by the Dubai Media Council. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Council, approved the move. The committee’s job ranges from aligning messages among government […]