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  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 ...

  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. ...

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 ...

  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 ...

  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 ...

  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 ...

  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 ...

  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 ...

  Dubai / WAM The directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and his innovative vision to invest in the future, have further boosted Dubai’s global leading position in terms of transforming digital expertise, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of ...

  Dubai / WAM The third edition of The World Green Economy Summit (WGES) was inaugurated on Wednesday under the patronage and in the presence of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. Under the new theme “Driving Global Green Economy,” WGES 2016 will continue on Thursday, with ...