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RITIKA SHARMA / Emirates Business Roll, camera and, action. Given the number of Hollywood and Bollywood movies shot here, the world is well aware of the potential and the appeal of the Emirates capital as a hot spot for the film and television industry. Now, authorities recognise that too. Aiming to give a major boost to the Emirati film and ...

Bloomberg Almost 100 million households worldwide may be powered by solar panels by 2020, according to Bloomberg New Energy Finance. The off-grid solar market has grown to $700 million now from non-existent less than a decade ago, according to a report Thursday from the London-based research company and the World Bank Group’s Lighting Global. They expect that to swell to ...

New Delhi / Bloomberg Prime Minister Narendra Modi’s message to OPEC is come and store crude oil in India. Modi’s February 29 budget exempts foreign companies from federal income taxes on permitted local sales of oil kept in caverns India has been building. That may spur the Organization of the Petroleum Exporting Countries to fill the bunkers, allowing Modi to ...

VANCOUVER / Bloomberg Canadian Prime Minister Justin Trudeau is urging global leaders to rely more on government spending and less on monetary policy to spur growth as he prepares a budget that will push his country into deficit. In a wide-ranging interview in Vancouver, Trudeau highlighted the importance of infrastructure spending and measures to bolster incomes of middle classes he ...

Manila / AFP Militants fighting in the name of the IS group are escalating attacks in the southern Philippines, analysts said, deepening fears for the volatile region after its main Muslim rebel group failed to seal a peace pact. Gunmen who have pledged allegiance to the extremists controlling vast swathes of Iraq and Syria have instigated a series of deadly ...

Islamabad / AFP A top Pakistani official has said for the first time publicly that the Afghan Taliban’s leadership enjoys a safe haven inside his country, which Islamabad uses as a “lever” to pressure the group into talks with Kabul. The admission by Pakistan’s foreign affairs advisor Sartaj Aziz comes after years of official denials by Islamabad that it offers ...

London / Bloomberg U.K. house prices rose for an eighth month in February as rental investors rushed to purchase homes before a tax increase, Nationwide Building Society said. The average price of a home climbed 0.3 percent from January to 196,930 pounds ($277,000), the lender said in a statement on Thursday. The annual rate of growth accelerated to 4.8 percent ...

Abu Dhabi / WAM The United Arab Emirates, under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has strongly believed in the importance of its human resources in all fields, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said on Wednesday. ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, on Wednesday visited the 41st Middle East Electricity Exhibition, which is being held at the Dubai World Trade Centre. His Highness Sheikh Mohammed toured the exhibition, in which nearly 1,500 companies from 56 countries, including the UAE, are participating, to ...

Dubai / Emirates Business The Global Financial Markets Forum organized by National Bank of Abu Dhabi (NBAD) kicked off in Abu Dhabi on Wednesday. Several national and international policy makers, asset managers, sovereign wealth funds and bankers talked about regional and global financial trends, especially in the banking and capital markets sector. Speaking at the event, HE Sheikh Nahyan bin ...