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Dubai Holding unveils SmartCity Korea

  Seoul / WAM Dubai Holding on Thursday launched the SmartCity concept in Seoul which combines the UAE’s experience in managing smart cities with South Korea’s tremendous technological advancements. The project will cover an area of 51 million sq ft, and will be strategically located between the two metropolitan cities of Seoul and Incheon, close to two international airports. The project ...

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‘UAE, Niger to take economic, political ties to new heights’

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received President Mahamadou Issoufou of Niger on Thursday. During their meeting, Sheikh Mohammed praised UAE-Niger ties as ‘good’, emphasising the commitment of the countries’ leaders to advance economic and political relations to new heights of co-operation. Niger’s President Mahamadou ...

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Dubai to launch $27bn Green Energy Fund

  Dubai / WAM Dubai will launch the US$27 billion Green Energy Fund to support local, national and international projects, according to the Third Dubai Declaration issued at the conclusion of the World Green Economy Summit (WGES) on Thursday. The third edition of the WGES, organised under the theme of “Driving Global Green Economy”, gathered more than 80 prominent speakers from ...

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Merkel reluctant on special UK access to EU single market

  Bloomberg German Chancellor Angela Merkel signalled a growing reluctance to grant any special trade relations to the U.K. once it leaves the European Union, saying that allowing exemptions to EU rules on migration would lead to a free-for-all across the bloc. Merkel’s comments to Germany’s BDI industry lobby in Berlin on Thursday are a further indication that the U.K. ...

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Syrian army seizes rebel territory in heart of Aleppo

Beirut / AFP Syrian government forces advanced against rebels inside Aleppo on Thursday, making their biggest gains in the ravaged city in years just hours after announcing they would ease their air bombardment. The Syrian Observatory for Human Rights said loyalist fighters now controlled around half of the Bustan al-Basha district near the centre of the divided metropolis. “It’s the ...

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Security Council backs Portugal’s Guterres as UN secretary general

  United Nations / AFP The Security Council on Thursday unanimously backed Antonio Guterres, the former prime minister of Portugal who was the UN’s refugee chief for a decade, to be the next secretary-general. During a closed-door meeting, the 15 council members adopted a resolution formally presenting Guterres as their choice to be the world’s diplomat-in-chief. Applause rang out in ...

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Multi-million dollar ‘American tax scandal’ unearthed in India

  NEW DELHI / AP Indian police arrested 70 people and are questioning hundreds more after uncovering a massive scam to cheat thousands of Americans out of millions of dollars by posing as US tax authorities and demanding unpaid taxes, a police officer said on Thursday. According to police in Mumbai, the yearlong scam involved running fake call centers which ...

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Japan’s IT giant Fujitsu eyes PC merger with China’s Lenovo

  Tokyo / AFP Shares in Japanese IT giant Fujitsu soared on Thursday on news it is considering merging its struggling personal computer division with China’s Lenovo, the world’s biggest PC maker. A deal would mark the latest move by a Japanese firm to hive off struggling divisions to repair their finances, with Toshiba and Sony among a string of ...

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Dubai Design Week to celebrate creativity

  Dubai / Emirates Business The design community in Dubai is ready to stage the largest celebration of design and creativity in the Middle East, collectively underlining Dubai’s rich and multi-faceted design landscape. When Dubai Design Week kicks off on October 24, design professionals, residents and visitors will be able to engage in more than 150 events over six days ...

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Etihad Airways Partners continue plans to align global loyalty programmes

  Emirates Business Etihad Airways Partners (EAP), a unique partnership of eight airlines, has announced further steps aimed at aligning the benefits for tiered members of the separate frequent flyer programmes operated by each airline. The latest enhancements incorporate customer feedback on benefits they value and are part of an ongoing strategy to enhance the customer proposition and create the ...

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