Wednesday, May 27

World

Emirati Entrepreneur Fatima Ahmed Rashid Qasimi Pioneers Global Shariah-Compliant Wealth Solutions
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World

Emirati Entrepreneur Fatima Ahmed Rashid Qasimi Pioneers Global Shariah-Compliant Wealth Solutions

Fatima Qasimi, a visionary Emirati entrepreneur from a well-reputed UAE family, is redefining the landscape of Shariah-compliant wealth solutions. As a partner, shareholder & board member of Secura International, headquartered in Abu Dhabi Global Market (ADGM), she is on a mission to establish a global footprint by providing innovative & ethical financial solutions to banks & financial institutions across the Middle East, Africa & Asia. Under her leadership, Secura International provides access to top-tier global asset managers, including Franklin Templeton, Goldman Sachs, HSBC, Invesco, ENBD Asset Management, Mashreq Capital, Kotak & Tata to develop cutting-edge financial solutions focused on capital preservation, growth &...
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Gabon coup leader wins election by huge margin 
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Gabon coup leader wins election by huge margin 

Gen Brice Oligui Nguema has been handed a seven-year mandate by an electorate relieved that the Bongo era is now past  Gabon's military leader Gen Brice Oligui Nguema - who in 2023 led a coup that ended a near-60-year dynasty - has won Saturday's presidential election with more than 90% of the vote, provisional results show. Ahead of the vote, critics argued that the new constitution and electoral code were designed to give Oligui Nguema a comfortable pathway to the top job. Some opposition heavyweights who could have posed a serious political challenge were excluded from the race. His election victory consolidates his grip on power, nearly two years after he masterminded the demise of President Ali Bongo, whose family had been in power in Gabon since 1967. Oligui Nguem...
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Algeria to expel 12 French embassy officials
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Algeria to expel 12 French embassy officials

The latest rift comes days after tentative steps had been made to mend relations Algeria has asked 12 French embassy staff to leave the country within 48 hours, France's foreign minister has said. Jean-Noël Barrot added that it was linked to the indictment of three Algerians in France on Friday, one of whom is a consular official. They are accused of involvement in the abduction last year of Amir Boukhors, 41, an outspoken critic of Algeria's government who has an audience of more than one million people online. He had reportedly been granted asylum in France in 2023. Barrot urged Algeria to "abandon" the expulsions and said France was ready to "respond immediately" if they went ahead. Boukhors, also known as Amir DZ, has lived in France since 2016. He was abducted in Apr...
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Best’s Market Segment Report: Algeria’s Insurance Market Primed
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Best’s Market Segment Report: Algeria’s Insurance Market Primed

Demographic, economic and regulatorydevelopments in Algeria appear to bode well for the country’s insurance market, which looksprimed for growth, expansion, foreign investment and profitability, according to a new reportfrom AM Best.In its new Best’s Market Segment Report, “Algeria’s Insurance Market Primed for Growth andExpansion,” AM Best notes several of these potential drivers of growth help set Algeria’sinsurance segment apart from those of other countries in the Middle East and North Africa(MENA) region, bringing advantages and challenges.The report goes on to observe that Algeria’s insurance market continues to recover from thecontraction of premium volumes during the COVID-19 pandemic. While an insurancepenetration rate of less than 1% of gross domestic product (GDP) is still very ...
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Suspected WWII bombs cause evacuation in German city
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Suspected WWII bombs cause evacuation in German city

A traffic sign in Osnabrueck indicates a bomb disposal operation. The central station in the north-western German city of Osnabrück was closed on Sunday and the surrounding zone evacuated after four suspected World War II bombs were found, state-run rail company Deutsche Bahn (DB) announced.Credit: Friso Gentsch/dpa The central station in the north-western German city of Osnabrück was closed on Sunday and the surrounding zone evacuated after four suspected World War II bombs were found, state-run rail company Deutsche Bahn (DB) announced. The central station in the north-western German city of Osnabrück was closed on Sunday and the surrounding zone evacuated after four suspected World War II bombs were found, state-run rail company Deutsche Bahn (DB) announced. Restrictions affect...
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German police deploy in force after three bodies found near Bonn
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German police deploy in force after three bodies found near Bonn

Three bodies have been found in the German village of Weitefeld some 60 kilometres east of Bonn, with a crime suspected as the cause, police told dpa on Sunday. By Kristin Kruthaup, dpa Three bodies have been found in the German village of Weitefeld some 60 kilometres east of Bonn, with a crime suspected as the cause, police told dpa on Sunday. Police urged motorists not to pick up any hitchhikers in the region as they conducted a search for possible perpetrators. A large number of officers were called to the scene. A dpa correspondent reported that special tactical police units with firearms and protective gear had been deployed to cordon off the area, and all cars travelling into and out of the area were being checked. A helicopter was also being sent. Police said there wa...
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Defunct coal-fired power station demolished in Germany
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Defunct coal-fired power station demolished in Germany

Onlookers watch as the boiler house of the former Ibbenbueren coal-fired power plant is blown up.Credit: Friso Gentsch/dpa A demolition company used some 500 kilograms of explosives to topple a 120-metre boiler house and later brought down a 125-metre cooling tower of a defunct coal-fired power station at Ibbenbüren in western Germany on Sunday. By Yuriko Wahl-Immel, dpa A demolition company used some 500 kilograms of explosives to topple a 120-metre boiler house and later brought down a 125-metre cooling tower of a defunct coal-fired power station at Ibbenbüren in western Germany on Sunday. The demolition in two stages, the first before noon and the second shortly afterwards, had gone according to plan, a company spokeswoman said. A crowd gathered to watch the spectacular even...
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Zimbabwe police deploy to block demonstrations against Mnangagwa
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Zimbabwe police deploy to block demonstrations against Mnangagwa

Police deployed heavily in Zimbabwe's capital and other cities on Monday, largely neutralising a call by veterans for massive protests against plans to extend President Emmerson Mnangagwa's rule. Zimbabwe's ruling ZANU-PF party said in January it wanted to extend Mnangagwa's term in office by two years until 2030. Mnangagwa, who first came to power in 2017 after his long-term mentor Robert Mugabe was ousted in a coup, is serving his final term. Independence war veterans led by Blessed Geza previously supported Mnangagwa but have turned against him, accusing him of seeking to cling to power. Anticipating possible unrest, businesses barricaded their premises and car dealerships cleared their showrooms over recent days. Most businesses, schools and vendors across the cap...
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TVS HLX Crosses 4 Million in Global Sales
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TVS HLX Crosses 4 Million in Global Sales

TVS Motor Company (TVSM) – a leading global automaker in the two and three-wheeler segment – marked a significant milestone with the TVS HLX range crossing 4 million in global sales. Launched first in 2013 in Africa, the series has been instrumental in transforming millions of lives. It’s now sold in 57 countries across Latin America, Africa and the Middle East. The TVS HLX series has been a bellwether in easy mobility solution for personal commute, motorcycle taxi and delivery segments. TVS HLX, with its powerful, best-in-class engine that offers great pick-up, acceleration and fuel efficiency has consistently offered great value. Regular additions and upgrade in features such as induction hardened fork, strong alloy wheels, flexible turn signal lamps, extra-long seats, big carrier, te...
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Skoll Foundation Announces Winners of the 2025 Skoll Award for Social Innovation
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Skoll Foundation Announces Winners of the 2025 Skoll Award for Social Innovation

Driving inspiring solutions to the world’s most pressing problems, five social innovators are designing a better future PALO ALTO, Calif.--(BUSINESS WIRE/AETOSWire)-- The Skoll Foundation is pleased to announce the five organizations that will receive the 2025 Skoll Award for Social Innovation. The prestigious $2 million award shines a light on the extraordinary leaders and organizations advancing transformational social change to create a more sustainable, peaceful, and prosperous world for all. The 2025 class of social innovators includes social entrepreneurs, movement builders, system orchestrators, and global coalitions driving collective action across issues ranging from community health, climate, sustainable housing, and democratic rule of law to financ...
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