The National News on LinkedIn: Princess Iman marries Jameel Thermiotis in Amman (2024)

Former central bank governor Riad Salameh has been charged with the theft of bank assets.Mr Salameh was arrested by Public Prosecutor Judge Jamal Hajjar on Tuesday after a judicial hearing in Beirut in relation to an investigation into a vast fraud scheme which saw over $110 million allegedly embezzled from Lebanon’s central bank, a case known as the Optimum case.Mr Hajjar ordered four-day preventive detention.Mr Salameh, once praised as the guardian of Lebanon’s financial sector, is now an international fugitive with assets worth millions of dollars frozen, an Interpol notice against him, and several judicial cases both locally and internationally. He is also widely blamed for Lebanon’s financial collapse.Read more: https://lnkd.in/gqmXkFsr

1

The European Union funds training and infrastructure for Lebanese security forces involved in border management which forcibly send Syrian refugees back to Syria after their expulsion from Cyprus, a practice that goes against human rights laws, a Human Rights Watch report has found.The European Commission, the EU's executive arm, said it is aware of possible violations of human rights by Lebanese security actors but it appears this has not stopped it from increasing its funding to an external think tank, the International Centre for Migration Policy Development, that works with those security forces.In May, European Commission President Ursula von der Leyen announced a €1 billion ($1.1 billion) package for Lebanon, which included funding for security forces, although it remains unclear what exactly they have received. One week later, Lebanon's most powerful security agency, General Security, announced new measures to restrict Syrians' ability to obtain legal status, said HRW.

The final height of a skyscraper set to be the world’s second tallest has been announced by its developer.The Dh6 billion ($1.63 billion) Burj Azizi will stand 725 metres with at least 131 levels, surpassing the 679-metre Merdeka 118 in Kuala Lumpur as world’s second-tallest, Azizi Developments said. Once complete, Dubai will be home to the world’s two tallest buildings, including Burj Khalifa at 828 metres.Construction on the tower near Dubai World Trade Centre began this year and is set for completion in 2028.Read more: https://news.ae/4dRwiqI

60

2 Comments

"Our mission is to redefine how the world accesses this vital resource, starting from a single drop to entire cities," said A1RWATER founder and chief executive Alex G. "New water technology is all about getting to scale," he explained in an interview withThe National. "The DIC facility is a major milestone, and a testament to our commitment ... we are just beginning to scratch the surface of what's possible."#Water #MiddleEast #Technology #Sustainability #Dubai #UAECody Sigel Combs reports

1

Investors love the US, and with good reason. Wall Street has made them rich over the last dozen years. The big question now is whether it can continue to do so.While China, Europe and emerging markets have struggled since the financial crisis, the US stock market has stood tall and now dominates to an almost unprecedented degree.

1

President Sheikh Mohamed has ordered pardons for the Bangladeshi citizens involved in protests and disturbances across the emirates.Read more leading stories from the UAE: news.ae/TheUAEToday

1

The Emirati economy expanded by 3.6 per cent last year, compared to the 3.1 per cent estimated by the UAE Central Bank in the fourth quarter.But it revised down its growth projections for 2024 to 3.9 per cent from the previous estimate of 4.2 per cent.

4

Global warming in the Arctic has significantly increased the likelihood of conflict in the region, one of Norway’s top defence figures has warned.

A majority of people seeking a reprieve in the first days of the UAE's visa amnesty had arrived in the country on tourist permits in the hope of finding work, a senior official said.

“Most people coming to amnesty centres had come [to the UAE] on visit visas to find a job and overstayed after their visa expired,” said Maj Gen Al Qamzi, a Dubai immigration official.The UAE’s immigration laws state people entering on a visit visa must be in the country for tourism only, and not to look for employment.The ongoing government amnesty initiative, which began on Sunday and runs until the end of October, allows people with expired residency and visit visas an opportunity to settle their status or leave their country without incurring fines.