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- ❌📺 MBC Faces Backlash Over Hamas Report, Saudi Authorities Launch Investigation
❌📺 MBC Faces Backlash Over Hamas Report, Saudi Authorities Launch Investigation
Sunday, October 20, 2024

👋 Good morning, Smashi Business Lovers!
Today’s newsletter dives into the global tech scene, regional controversies, and bold new branding. From Dubai’s AI leadership to MBC’s heated backlash, and Emirates’ NBA-themed jet, there’s a lot to unpack. 🚀💼
Let's dive right in! 👇
1️⃣ 🚀 UAE Urges Governments to Act Fast on AI Regulation
📰 What is it about?
At the Annual Meeting of the Global Future Councils in Dubai, Omar Al-Olama, the UAE's Minister of State for Artificial Intelligence, stressed the urgency for governments to quickly regulate AI. He highlighted the risks of leaving AI unchecked, comparing it to the late regulation of social media.
💡 Why it matters?
The UAE’s proactive stance on AI positions it as a global leader in technology while attracting top talent. Without swift regulation, AI could bring challenges similar to those caused by unchecked social media.
🔜 What’s next?
Expect continued efforts from the UAE to shape global AI governance and promote awareness of AI's societal impact, with the media playing a crucial role.
📈 Markets
🔼 EGX 30 | 30,143.86 | -1.31% |
🔽 DFMSI | 2,598.09 | +5.295% |
🔼 ADX | 9,287.69 | +0.114% |
🔼 Tadawul | 11,907.43 | -1.09% |
2️⃣ 📺 MBC Faces Backlash for Labeling Hamas Leaders as "Terrorists"
📰 What is it about?
MBC is under fire after a report referred to Hamas leaders as "terrorists," sparking protests across the Middle East. The Iraqi Media and Communications Commission revoked MBC’s license, citing disrespect for national values. Journalist Mohammed Al-Mashari, behind the report, has faced severe public backlash and deleted his social media accounts amid widespread calls for boycotts.
💡 Why it matters?
The report has intensified scrutiny of MBC's editorial stance, highlighting regional sensitivities around the Israel-Palestine genocide. The controversy led the Saudi General Commission for Audiovisual Media to launch an investigation into MBC, citing violations of Saudi media policies.
🔜 What’s next?
Saudi authorities have announced that officials from MBC have been referred for investigation due to the report's violation of national media guidelines. Meanwhile, Palestinian journalists are calling for a boycott of MBC, which could further impact the channel’s operations in the region.
💭Quote of the day
"If you light a lamp for someone else, it will also brighten your path." – Buddha
3️⃣ Emirates Unveils NBA-Themed A380 Livery for NBA Cup 🏀✈️
📰 What is it about?
Emirates has revealed a special A380 livery to celebrate its partnership with the NBA and the launch of the inaugural Emirates NBA Cup. The vibrant design features bold NBA logos and themed onboard services.
💡 Why it matters?
This move solidifies Emirates' position as a major player in global sports sponsorships, further enhancing its brand reach.
🔜 What’s next?
Look out for the NBA-themed A380 flying across global routes, offering a unique experience for basketball fans.
🔍In other news…
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