Dubai / WAM The Dubai International Financial Centre (DIFC), and Mashreq on Sunday announced the region’s first blockchain data sharing platform, now in production, to support licenced businesses and corporations instantly opening digital bank accounts. Continuing the association formed in July 2019 between DIFC and Mashreq, an initiative, Know Your Customer (KYC), along with the DIFC incubated FinTech firm, norbloc, ...

Bloomberg China’s economy could be heading for a worse-than-expected first-quarter contraction after the country’s manufacturing sector reported activity was at a record low in February due to the coronavirus outbreak. The manufacturing purchasing managers’ index (PMI) plunged to 35.7 in February from 50 the previous month, according to data released by the National Bureau of Statistics on Saturday. Even before ...

Sharjah / Emirates Business Exploring the many exciting facets of the field of physics, over 500 high school students and their science teachers from 21 schools around the United Arab Emirates took part in FUNtastic FZX 2020, held at American University of Sharjah (AUS) on February 27. The popular physics fair aims to connect students with the university and share ...