Israel, UAE to sign deal at White House on September 15: US officials
Washington: Israel and the United Arab Emirates will sign their historic deal normalising relations at a White House ceremony on September 15, US officials said Tuesday.
The officials said senior delegations from both countries will likely be led by Israeli Prime Minister Benjamin Netanyahu and Emirati Foreign Minister Mohammed bin Zayad, the brother of the UAE crown prince.
The officials, who were not authorised to discuss the matter publicly and spoke on condition of anonymity, said the ceremony would either be on the South Lawn, the Rose Garden or inside depending on weather.
The ceremony will come just a month after the agreement to establish full diplomatic relations was announced on August 13.
The historic deal delivered a key foreign policy victory to President Donald Trump as he seeks reelection, and reflected the changing Middle East in which shared concerns about archenemy Iran have largely overtaken traditional Arab support for the Palestinians.
That announcement has been followed by the first direct commercial flight between the countries, the establishment of telephone links and commitments to cooperate in numerous areas.
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Odisha Police arrests key accused in Rs 40-crore investment fraud
Bhubaneswar (PTI): Odisha Police's Economic Offences Wing (EOW) has arrested the prime accused in a Rs 40-crore trading fraud, an officer said on Friday.
The accused, identified as Amit Mandal of West Bengal's Bankura, was arrested from his home district on December 31, the officer said.
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After producing him in a local court there, Mandal was brought to Odisha on Friday, the EOW officer said.
The arrest was made in connection with a case registered on December 29 at the EOW police station on the basis of a complaint lodged by Sushant Kumar Das of Khurda district.
The complainant alleged that Mandal and his associates induced him to invest in share trading by promising high monthly returns ranging from 3.5 to 7 per cent per month.
Das had reportedly deposited Rs 8.5 lakh during 2022–2024.
According to police, Mandal induced around 500 depositors from Odisha and 100 from West Bengal between 2020 and 2024 and collected over Rs 120 crore, of which over Rs 40 crore is yet to be returned to investors.
"Initially, he paid monthly returns of depositors. However during 2023, Mandal failed to pay the returns and falsely assured the depositors that their money will be re-invested in his newly formed company. But suddenly he went missing before being arrested in Bankura district," the official said.
According to the EOW, the accused had been collecting deposits in his personal bank accounts maintained with two banks. "Scrutiny of one bank account revealed transactions amounting to Rs 122 crore. Other accounts are under verification," the officer said.
