Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision

Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision

UAE-based Albaddad Holding has unveiled an ambitious $1.9 billion mixed-use development in Botswana, setting the stage for one of Southern Africa’s largest urban and business projects. Named **New Botswana City**, the sprawling development will rise in Gaborone and is being delivered in partnership with Botswana Development Corporation (BDC), the country’s state-backed investment agency. Designed as …

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Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option

Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option

Dubai-based logistics and transportation specialist Tristar Group has secured a $770 million credit facility from a consortium of regional and international lenders, marking a significant refinancing move for the company as it reshapes its debt profile. The agreement, backed by a five-year term, includes two extension options that could provide additional flexibility over the life …

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Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum

Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum

Dubai’s drive to turn more residents into homeowners is gathering pace, with the emirate’s First-Time Home Buyer Programme helping more than 3,200 people purchase their first homes and generating over AED5 billion ($1.4 billion) in residential property transactions since its launch in July 2025. Introduced by the Dubai Land Department (DLD) in collaboration with the …

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Arab Energy Fund Eyes Fresh $500 Million Sukuk After Tapping Investor Interest

Arab Energy Fund Eyes Fresh $500 Million Sukuk After Tapping Investor Interest

The Arab Energy Fund (TAEF) is preparing to return to international debt markets, lining up a syndicate of global and regional banks to engage fixed-income investors ahead of a potential $500 million sukuk offering. Investor discussions are scheduled to begin on June 9, with the fund considering the launch of a benchmark-sized U.S. dollar-denominated senior …

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Court Puts Trump Legal Team on Notice After Missing Key Filing in $10 Billion BBC Battle

Court Puts Trump Legal Team on Notice After Missing Key Filing in $10 Billion BBC Battle

A federal judge in Miami has demanded an explanation from President Donald Trump’s legal team after they failed to meet a court-imposed deadline in his high-profile $10 billion defamation lawsuit against the BBC. The order came after Trump’s attorneys did not file a response by Friday to the broadcaster’s request that the case be thrown …

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Parking-Lot Altercation Puts Federal Appeals Judge Under Judicial Scrutiny

Parking-Lot Altercation Puts Federal Appeals Judge Under Judicial Scrutiny

A federal appeals court judge is now the subject of an ethics inquiry after a parking-lot confrontation in Idaho escalated into a criminal case, drawing renewed attention to standards of conduct within the U.S. judiciary. Chief Judge Mary Murguia of the Ninth U.S. Circuit Court of Appeals has formally initiated a judicial misconduct proceeding against …

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White House Fight Night Faces Courtroom Challenge as Lawsuit Targets Trump’s UFC Spectacle

White House Fight Night Faces Courtroom Challenge as Lawsuit Targets Trump’s UFC Spectacle

A legal battle is brewing over President Donald Trump’s plan to stage a major Ultimate Fighting Championship event on the White House grounds, with opponents asking a federal court to stop the bout before fighters ever step into the cage. Two residents from the Washington region have petitioned a federal judge to block the upcoming …

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Supreme Court’s Next Big Test: Guns, Transgender Sports and the Battle Over America’s Social Fault Lines

Supreme Court’s Next Big Test: Guns, Transgender Sports and the Battle Over America’s Social Fault Lines

As the U.S. Supreme Court approaches the finish line of its current term, attention is increasingly shifting from disputes over tariffs and immigration to a cluster of cases that sit at the heart of America’s cultural and political divide. Several of the court’s most closely watched pending decisions could reshape the legal landscape on gun …

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Judge Strikes Down IRS Rule That Tightened Access to Renewable Energy Tax Credit

Judge Strikes Down IRS Rule That Tightened Access to Renewable Energy Tax Credit

A federal court has set aside a Trump-era policy that narrowed eligibility for key tax incentives used by wind and solar developers, handing the renewable energy sector a significant courtroom victory. In a ruling issued over the weekend, a judge in Washington, D.C., found that the Internal Revenue Service failed to adequately justify a major …

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Trump’s Former Defense Lawyer Moves Closer to Top Justice Role as Attorney General Nomination Lands in Senate

Trump’s Former Defense Lawyer Moves Closer to Top Justice Role as Attorney General Nomination Lands in Senate

President Donald Trump has formally nominated Todd Blanche to serve as the next Attorney General of the United States, elevating the former personal attorney who has become one of the most influential figures in his administration. The nomination, submitted to the Senate on Monday, follows Trump’s earlier pledge to place Blanche permanently at the helm …

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