• French police arrive at the site of the attack. AFP
    French police arrive at the site of the attack. AFP
  • Firefighters carrying an injured person. AFP
    Firefighters carrying an injured person. AFP
  • Oolice officers cordon off the scene. AFP
    Oolice officers cordon off the scene. AFP
  • A French soldier in the cordoned off the area. AP Photo
    A French soldier in the cordoned off the area. AP Photo
  • A police officer stands guard as firefighters lift an injured person into an ambulance. AFP
    A police officer stands guard as firefighters lift an injured person into an ambulance. AFP
  • Police special forces near the former offices of Charlie Hebdo. AFP
    Police special forces near the former offices of Charlie Hebdo. AFP
  • French soliders near the scene. AFP
    French soliders near the scene. AFP
  • Firefighters move an injured person into a waiting ambulance. AFP
    Firefighters move an injured person into a waiting ambulance. AFP

Paris knife attack suspect says Charlie Hebdo intended target


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The man believed to have attacked and wounded two people with a meat cleaver on Friday has told the police he was targeting weekly satirical magazine Charlie Hebdo, a police source told Reuters.

The incident took place in front of a building where Islamist terrorists killed 12 people in 2015 because of the republication of cartoons depicting Prophet Mohammad.

The trial of 14 alleged accomplices in the attack began in August.

Earlier a suspected accomplice in Friday's attack was released, a judicial source said.

The source said a former hotel roommate of the suspected attacker had been detained though, following a series of other arrests on Friday evening.

The arrests meant that seven people remained in custody on Saturday morning, including the suspected attacker who is said to be cooperating with the police.

Friday's attack outside the former offices of Charlie Hebdo in Paris is being treated as suspected terrorism.

Suspect previously arrested but not on police radar 

The suspected assailant had been arrested a month ago for carrying a screwdriver but was not on police radar for Islamic radicalisation, France's interior minister Gerald Darmanin said.

He said the suspect had arrived in France three years ago as an unaccompanied minor, apparently from Pakistan, but his identity was still being verified.

"Manifestly it's an act of Islamist terrorism," Mr Darmanin told public broadcaster France-2.

“Obviously, there is little doubt. It's a new bloody attack against our country, against journalists, against this society.”

The victims were two workers from a documentary production company who had stepped outside for a smoke break.

The suspects’ identities have not been released and it is unclear what exactly prompted the attack.

An investigation was opened into “attempted murder in relation with a terrorist enterprise,” according to an official at the terrorism prosecutor’s office.

French prime minister Jean Castex said the lives of the two injured workers were not in danger.

He noted the "symbolic site" of the attack "at the very moment where the trial into the atrocious acts against Charlie Hebdo is under way."

He promised the government’s “unfailing attachment to freedom of the press, and its determination to fight terrorism.”

Many of France's most celebrated cartoonists died at the former headquarters of Charlie Hebdo when two brothers, Said and Cherif Kouachi, opened fire on them. 

The 14 people on trial are suspected of helping the Kouachi brothers carry out the attack.

Defiant as ever, the magazine republished cartoons of the Prophet Mohammed at the start of the trial.

Staff, who now work at a secret location, received death threats after it hit the stands.

While the edition sold out in France, it provoked condemnation from several Muslim countries and  Al Qaeda militants reportedly threatened a repeat of the 2015 massacre of its staff.

More than 100 French news outlets called on people to support the magazine amid the threats.

Police cordoned off the area, including the former Charlie Hebdo offices, after a suspect package was noticed nearby, but the package was found to be harmless and no explosives were found, according a police official.

Audible gasps were heard at the terrorism trial currently under way as news of the attack filtered through.

RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

Company Fact Box

Company name/date started: Abwaab Technologies / September 2019

Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO

Based: Amman, Jordan

Sector: Education Technology

Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed

Stage: early-stage startup 

Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.

Visa changes give families fresh hope

Foreign workers can sponsor family members based solely on their income

Male residents employed in the UAE can sponsor immediate family members, such as wife and children, subject to conditions that include a minimum salary of Dh 4,000 or Dh 3,000 plus accommodation.

Attested original marriage certificate, birth certificate of the child, ejari or rental contract, labour contract, salary certificate must be submitted to the government authorised typing centre to complete the sponsorship process

In Abu Dhabi, a woman can sponsor her husband and children if she holds a residence permit stating she is an engineer, teacher, doctor, nurse or any profession related to the medical sector and her monthly salary is at least Dh 10,000 or Dh 8,000 plus accommodation.

In Dubai, if a woman is not employed in the above categories she can get approval to sponsor her family if her monthly salary is more than Dh 10,000 and with a special permission from the Department of Naturalization and Residency Dubai.

To sponsor parents, a worker should earn Dh20,000 or Dh19,000 a month, plus a two-bedroom accommodation

 

 

 

The specs

Price, base: Dh228,000 / Dh232,000 (est)
Engine: 5.7-litre Hemi V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 552Nm
Fuel economy, combined: 12.5L / 100km

'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A

Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EMaly%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Mo%20Ibrahim%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%20International%20Financial%20Centre%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%3C%2Fstrong%3E%20%241.6%20million%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2015%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%2C%20planning%20first%20seed%20round%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20GCC-based%20angel%20investors%3C%2Fp%3E%0A