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News

Learn more about industry trends, member firm accomplishments, network news and the changing legal or regulatory environment for our clients.

Monday, 23 October, 2023
The Central Bank of Egypt (“CBE”) defined prepaid cards, in its Circular dated 8 May 2019 organising the Rules for Payment Services Using Prepaid Cards (the “Prepaid Cards Rules”), as electronic payment cards, where customers load funds in advance and can subsequently use them for transactions, including purchases, transfers, and cash withdrawals, based on the prepaid balance.
Thursday, 19 October, 2023
New approaches to training very large context-aware systems have enabled generative AI systems (GAI), especially large language models (LLMs), which can produce content that is, in many cases, indistinguishable from the products of the human mind.