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CMS Appoints Nidal Abdel Hadi as CEO to Lead Global Expansion Strategy - Middle East Business News and Information
CMS Appoints Nidal Abdel Hadi as CEO to Lead Global Expansion Strategy - Middle East Business News and Information

Mid East Info

time21-05-2025

  • Business
  • Mid East Info

CMS Appoints Nidal Abdel Hadi as CEO to Lead Global Expansion Strategy - Middle East Business News and Information

CMS announces the appointment of Nidal Abdel Hadi as its new Chief Executive Officer, marking a major milestone in the company's long-term growth and global expansion strategy. Mr. Nidal brings over 25 years of global experience in the financial services sector. His career began in Switzerland, where he held senior leadership roles at MIG Bank and Swissquote Bank, contributing to the development of online trading infrastructure, institutional business expansion, and client acquisition across European and international markets. He later joined ADS Securities in the United Arab Emirates, where he held a senior leadership role before becoming CEO of CFI Dubai. At CFI, he led the company's strategic expansion across the MENA and played a pivotal role in securing the prestigious Category One license from the UAE Securities and Commodities Authority (SCA), setting a new benchmark in the financial industry. 'It's a privilege to take on the role of CEO at a time of such strategic importance for CMS' said Mr. Abdel Hadi. 'The company is built on a strong foundation with a clear and ambitious vision for growth. I am committed to driving the next phase of expansion by executing a focused, forward-looking strategy, deepening regional and international partnerships, and creating sustained value for our clients and stakeholders.' The CMS Board of Directors expressed strong confidence in Mr. Abdel Hadi's leadership, citing his cross-border expertise, regulatory knowledge, and deep industry relationships as key assets in advancing their global visions. About CMS: CMS consists of a collection of independently stand-alone licensed entities, including CMS Financial LLC, which is licensed and regulated by the Securities and Commodities Authority (SCA) of the UAE under Category 1 and Category 5, and CMS Prime Ltd., licensed by the Financial Services Commission of Mauritius, along with other international entities. These entities operate under a cohesive ownership and strategic management framework. With over 21 years of experience in the global trading industry, CMS offers a wide range of brokerage and trading solutions across global markets. Known for its advanced technology, robust infrastructure, and client-first approach, CMS continues to set new standards in the financial services sector.

Israel hits southern Lebanon as Hamas agrees to ceasefire from there
Israel hits southern Lebanon as Hamas agrees to ceasefire from there

Yahoo

time08-05-2025

  • Politics
  • Yahoo

Israel hits southern Lebanon as Hamas agrees to ceasefire from there

Tel Aviv/Beirut (dpa) — Israeli fighter jets carried out a series of heavy airstrikes in southern Lebanon on Thursday, targeting a Hezbollah site near the city of Nabatieh, according to Lebanese security sources. At least 15 strikes were reported in the area, resulting in the death of one person and leaving eight others injured, Lebanon's Health Ministry said. The Israeli military confirmed the operation, stating that the targeted Hezbollah facility was used to manage weapons systems related to both offence and defence. The base was described as part of a major underground project run by the Iranian-backed militia. "The strike targeted terrorists, weapons and tunnels," the military said, adding that the facility has been rendered inoperable. Israel accused Hezbollah of violating a ceasefire agreement that has officially been in place since late November 2023. Though both sides have repeatedly blamed each other for violations, Israel maintains it will continue to strike militant targets in Lebanon if deemed necessary to prevent Hezbollah from rebuilding its capabilities. The latest escalation highlights the fragility of the truce between Hezbollah — an ally of the Palestinian militant organization Hamas — and Israel, as tensions in the region remain high. Hamas, which mainly operates in the Gaza Strip and was responsible for attacking Israel, along with others on October 7, 2023, which started the current conflict, said on Thursday that it is fully committed to an Israel-Lebanese ceasefire. This came after a recent rocket-launching incident by Hamas that raised tensions there. In a statement, Ahmad Abdel Hadi, Hamas's representative in Lebanon, said the group had informed Lebanese authorities of its stance and was cooperating with the state to address the matter. He described the rocket fire as an unauthorized act carried out by individuals reacting emotionally to Israel's ongoing offensive in Gaza. Hamas, he emphasized, had no prior knowledge of the launch and did not approve it. In response to a formal request by Lebanese authorities, Hamas handed over three of the four individuals allegedly involved and is continuing coordination with Lebanese security services. Despite the November ceasefire, Israeli airstrikes and intermittent rocket fire from Lebanese territory have continued, including two unclaimed attacks on March 22 and 28. Israel has said it reserves the right to continue targeting militant groups in Lebanon. On Wednesday, another Hamas commander was killed in such an attack. In April, the Lebanese Army arrested several Lebanese and Palestinian individuals reportedly connected to those attacks, including three members of Hamas, according to security sources. Abdel Hadi called his recent meetings with senior Lebanese officials 'positive and constructive,' and denied rumors of tension with the state. He stressed Hamas's respect for Lebanese sovereignty, stability, and laws. The statement also said Jordan had not raised any concerns about Hamas's presence in Lebanon, following claims by Jordan's Intelligence Department that it foiled plots linked to the Muslim Brotherhood, a group ideologically close to Hamas.

Hamas assures compliance with Lebanon cease-fire and cooperation with state
Hamas assures compliance with Lebanon cease-fire and cooperation with state

L'Orient-Le Jour

time08-05-2025

  • Politics
  • L'Orient-Le Jour

Hamas assures compliance with Lebanon cease-fire and cooperation with state

BEIRUT — Hamas' representative in Lebanon, Ahmad Abdel Hadi, said in a Thursday statement that the Palestinian Islamist movement "fully respects the cease-fire" with Israel in Lebanon and is coordinating with the Lebanese state, adding that the unclaimed rocket fire towards Israel on March 22 and 28, which led to deadly reprisals on Lebanon, were "individual acts." The statement noted that the group turned over three suspects to Lebanese authorities, noting that a fourth is still being sought. "The rocket firing incident was an individual act perpetrated by a group of youths, driven by pain and in reaction to the genocide and massacres committed by the Zionist enemy in Gaza after breaking the cease-fire agreement [on March 18, 2025]," stated its representative. "Hamas was not informed in advance of this action and did not decide it." The rocket firings were not claimed, fueling suspicions about their perpetrators. "From the very first moment, and after the Lebanese state's official request to hand over the four wanted persons, the movement cooperated positively and handed over three of them," the statement said. "Coordination is ongoing with the relevant security services to complete the remaining steps." A cease-fire took effect on Nov. 27, 2024, between Hezbollah and Israel, ending 13 months of conflict that killed more than 4,000 people and injured over 16,500 others in Lebanon, according to Lebanese Health Ministry. "Hamas took part in the support war alongside the Islamic resistance, Hezbollah, the Amal movement, the Jamaa Islamiya, and other Palestinian factions to face the Zionist aggression against Lebanon," said Abdel Hadi. The day after the Oct. 7 Hamas attack, Hezbollah opened a "support front" for Gaza, which escalated into a full-scale war on Sept. 23, 2024, following a major Israeli air offensive on Lebanon. 'Close cooperation' with the Lebanese state Palestinian President Mahmoud Abbas is expected on May 21 in Beirut to discuss "the extension of the authority" of Lebanese power to Palestinian refugee camps escaping its control, thus, the disarmament of these overcrowded camps, where some 250,000 refugees live. Nonetheless Abdel Hadi claimed that "no official authority of the Lebanese state informed us of requests" regarding Palestinian weapons, explaining that "the day the state does so, we will respond with a unified Palestinian position, taking into account the sovereignty and interest of Lebanon, as well as those of the Palestinian people." The statement specified that an "inter-Palestinian dialogue is ongoing in Lebanon to develop a unified Palestinian vision on this subject and others: human and social rights, the security and stability of our camps, and other issues." It also mentioned "positive and constructive" meetings with the Director General of the General Security, General Hassan Choucair, and the Director of Intelligence Tony Kahwaji, laying "the foundations of close cooperation on issues related to the Palestinian presence in Lebanon in the future." In an interview on April 30, President Joseph Aoun stated that the authorities were "working to remove heavy and medium weapons from the entire Lebanese territory" and that he should discuss the disarmament of Palestinian camps with Abbas. On May 2, the Supreme Defense Council warned Hamas, for the first time, "not to use Lebanese territory to conduct any actions compromising national security, under penalty of taking the strictest measures and actions to put an end to any violation of Lebanese sovereignty."

Hamas in Lebanon says it fully supports Israel-Lebanon ceasefire
Hamas in Lebanon says it fully supports Israel-Lebanon ceasefire

Yahoo

time08-05-2025

  • Politics
  • Yahoo

Hamas in Lebanon says it fully supports Israel-Lebanon ceasefire

The Palestinian Islamist movement Hamas in Lebanon reaffirmed on Thursday its full commitment to the ceasefire along the Lebanese-Israeli border, following a recent rocket-launching incident that raised tensions there. In a statement, Ahmad Abdel Hadi, Hamas's representative in Lebanon, said the group had informed Lebanese authorities of its stance and was cooperating with the state to address the matter. He described the rocket fire as an unauthorized act carried out by individuals reacting emotionally to Israel's ongoing offensive in Gaza. Hamas, he emphasized, had no prior knowledge of the launch and did not approve it. In response to a formal request by Lebanese authorities, Hamas handed over three of the four individuals allegedly involved and is continuing coordination with Lebanese security services. Despite a ceasefire agreement reached in November between Israel and Hezbollah, Israeli airstrikes and intermittent rocket fire from Lebanese territory have continued, including two unclaimed attacks on March 22 and 28. Israel has said it reserves the right to continue targeting militant groups in Lebanon. On Wednesday, another Hamas commander was killed in such an attack. In April, the Lebanese Army arrested several Lebanese and Palestinian individuals reportedly connected to those attacks, including three members of Hamas, according to security sources. Abdel Hadi called his recent meetings with senior Lebanese officials 'positive and constructive,' and denied rumors of tension with the state. He stressed Hamas's respect for Lebanese sovereignty, stability, and laws. The statement also said Jordan had not raised any concerns about Hamas's presence in Lebanon, following claims by Jordan's Intelligence Department that it foiled plots linked to the Muslim Brotherhood, a group ideologically close to Hamas.

From rocket launch to arrests: How Lebanon traced attackers to Hamas network
From rocket launch to arrests: How Lebanon traced attackers to Hamas network

LBCI

time03-05-2025

  • Politics
  • LBCI

From rocket launch to arrests: How Lebanon traced attackers to Hamas network

Report by Edmond Sassine, English adaptation by Yasmine Jaroudi Lebanese security agencies have identified members of Hamas as being behind the recent rocket attacks launched from South Lebanon on March 22 and 28, which Israel used as a pretext for retaliatory airstrikes on South Lebanon and Beirut that killed several people. According to security sources, four suspects have been arrested, and four others remain at large, reportedly hiding in the Palestinian refugee camps of Ain al-Hilweh, Rashidieh, and El-Buss. All eight individuals are believed to be affiliated with Hamas. Despite earlier attempts by Lebanon's military intelligence to secure their handover, the group did not cooperate until recently. Sources said Hamas acknowledged the group's affiliation but claimed the rocket attacks were conducted independently and did not represent an official decision by the movement. Following the Supreme Defense Council's recommendations, the Director General of General Security, Major General Hassan Choucair, summoned Hamas representative in Lebanon, Ahmad Abdel Hadi, to a meeting attended by Army Intelligence Chief Brigadier General Tony Kahwaji. Abdel Hadi was formally notified that Hamas must cease all military or security operations on Lebanese territory. Abdel Hadi pledged Hamas' full commitment to Lebanon's sovereignty, laws, and national security. He assured authorities that the four fugitives would be handed over within 48 hours. Security officials detailed how the suspects were apprehended. After the rocket launches, General Security detained a man whose fingerprints matched those found on one of the launch pads recovered by the Lebanese Army. Subsequent joint operations led to the arrest of two more suspects. The investigation expanded when army intelligence foiled a third rocket launch attempt during a raid on an apartment in the Zahrani area near Sidon. During the operation, several rockets and launchers were seized. The arrested suspects later confessed to the involvement of four others hiding in refugee camps, all allegedly linked to Hamas.

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