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Dubai / Emirates Business The UNLOCK Blockchain Forum which commenced on Sunday at the Ritz Carlton Hotel DIFC has proven once again that Dubai is a vanguard when it comes to attracting innovative experts, blockchain start-ups, and forward looking attendees. Al-Iktissad-Wal-Aamal, the organizers of UNLOCK Blockchain forum were not surprised to receive more than 60 blockchain start-ups from more than ...

Dubai / WAM The Business Registration and Licencing (BRL), sector in Dubai Economy witnessed 288,878 transactions, including 19,877 new licences, during 2017, showing the activity recorded on ‘Business Map’ digital platform. The ‘Business Map’ tracks BRL activity and seeks to reflect economic realities in Dubai by providing vital data on each category of licences including their numbers and category-wise distribution ...

Bloomberg Tesla Inc. helped electric vehicles gain a mainstream foothold in the US by starting with luxury cars and then moving down-market. India’s nascent transition to EVs is heading in the opposite direction. Many consumers will get their first taste of electric vehicles from public-transit systems and corporate fleets in India, where car ownership per 1,000 citizens is just 20, ...

Bloomberg Alibaba Group Holding Ltd. was cited again as a marketplace for fakes on a US blacklist, another sign of increasing tension between the US and China. The Office of the US Trade Representative included Alibaba’s Taobao online marketplace on its list of “Notorious Markets,” citing a high volume of reported counterfeiting and piracy. The agency acknowledged steps Alibaba has ...

DUBAI / Emirates Business The Dubai Islamic Economy Development Centre (DIEDC) on Sunday announced the signing of a Memorandum of Understanding (MoU) with the Group of Strategic Vision ‘Russia – Islamic World’ (RIW Group) to exchange expertise and best practices in the field of Islamic economy. Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of DIEDC, and Rustam ...

Sharjah / Emirates Business Sharjah’s NAMA Women Advancement Establishment (NAMA) and the London-based international organization Global Thinkers Forum (GTF) have launched the Athena MENA Mentoring Programme 2018 to help women in the region to develop new skills and expertise, and to enhance, enrich and expand their professional and personal prospects. The two organisations confirmed the launch of the programme at ...

Bloomberg The European Union will spend one billion euros ($1.2 billion) to try to catch up to China, the US and Japan in supercomputing, the European Commission said. But as the initiative launches, uncertainty over Brexit is creating anxiety among British computer scientists that the UK may miss out on opportunities from the plan. The goal of the project is ...

Bloomberg Intel Corp., trying to defuse concern that fixes to widespread chip security vulnerabilities will slow computers, released test results showing that personal computers won’t be affected much and promised more information on servers. The chipmaker published a table of data showing that older processors handled typical tasks 10 percent slower at most, after being updated with security patches. The ...

Bloomberg Companies pushing new virtual reality headsets talked a good game at CES 2018 in Las Vegas. Facebook’s Oculus touted new features in its upcoming $200 Oculus Go, a device designed to do for VR what the iPhone did for the smartphone, Google and Lenovo showed off a jointly designed headset that will sell for the half the price of ...

Bloomberg Tunisia’s main opposition parties derided a government pledge to increase aid for low-income families, urging Tunisians to step up protests over IMF-backed austerity measures as the country marks the seventh anniversary of the revolt that inspired the Arab Spring uprisings. “Government actions are just painkillers and cannot deal with the situation,” Ahmed Nejib Chebbi, head of the opposition Democratic ...