DUBAI / Emirates Business Beijing Tai Cloud Technology, the first blockchain company in China’s new OTC market, has announced the launch of its UAE operations aimed to leverage opportunities of trading in blockchain technology. Tai Cloud is a pioneer in the research and application development of the blockchain technology system in the People’s Republic of China. The company established the ...

Bloomberg Global growth is set to slow over the next two years as central banks raise borrowing rates and US fiscal stimulus starts to fade, the World Bank said. The world economy will grow 3.1 percent this year and 3 percent in 2019, the development lender said in its latest Global Economic Prospects report. Both forecasts were unchanged from January, ...

Yemen / WAM The Arab Coalition forces in the Red Sea Coast of Yemen, have launched aerial strikes against the Iranian-backed Houthi militias east of Al Mesharie, Al Jarahi, Al Tahita, Al Hussainya and Zubaid, destroying their positions. The strikes and artillery shelling also targeted Houthi vehicles and reinforcements in several sites near the city of Zubaid, crippling Houthi military ...