Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals

Sharjah Property Market Extends Momentum With AED3.1 Billion in May Deals

Sharjah’s real estate sector maintained its strong pace in May, recording property transactions worth AED3.1 billion ($844 million) across 7,119 deals, highlighting sustained demand from investors and end-users across the emirate. According to figures released by the Sharjah Real Estate Registration Department, sales transactions covered approximately 9.5 million square feet during the month, reflecting broad-based …

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Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal

Egypt’s Bond Market Hits New High as EFG Corp-Solutions Closes Record EGP 5.1 Billion Deal

Egypt’s corporate debt market has reached a new milestone after EFG Corp-Solutions, the leasing and factoring subsidiary of EFG Finance, completed a record-breaking bond issuance worth EGP 5.1 billion (approximately $106 million). The transaction stands as the largest corporate bond offering ever recorded in Egypt, underscoring growing investor appetite for local debt instruments and strengthening …

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States Ready Antitrust Showdown as Paramount-Warner Mega Merger Faces New Threat

States Ready Antitrust Showdown as Paramount-Warner Mega Merger Faces New Threat

A coalition of U.S. states is preparing what could become the most significant legal challenge yet to Paramount Skydance’s proposed $110 billion takeover of Warner Bros., setting the stage for a major antitrust confrontation that could reshape the future of Hollywood. According to people familiar with the matter, California and New York are among the …

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Pennsylvania Judge Pick Advances After Fetterman Breaks Democratic Ranks

Pennsylvania Judge Pick Advances After Fetterman Breaks Democratic Ranks

A judicial nomination in Pennsylvania has exposed another fault line within the Democratic Party, with Senator John Fetterman becoming the first Democrat to allow one of President Donald Trump’s second-term federal court nominees to move forward in the Senate confirmation process. Fetterman returned the Senate’s traditional “blue slip” form for Antonio Pozos, a partner at …

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Federal Judge Freezes USDA Funding Conditions Tied to Trump Policy Agenda

Federal Judge Freezes USDA Funding Conditions Tied to Trump Policy Agenda

A federal judge has temporarily blocked the Trump administration from attaching new political and social policy conditions to billions of dollars in U.S. Department of Agriculture (USDA) funding, handing a significant victory to a coalition of Democratic-led states. The ruling prevents the USDA from withholding federal agricultural and nutrition assistance unless states certify compliance with …

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Supreme Court Draws the Line, Not a New One: FCC and SEC Prevail in Regulatory Showdown

Supreme Court Draws the Line, Not a New One: FCC and SEC Prevail in Regulatory Showdown

The U.S. Supreme Court handed federal regulators a pair of notable victories on Thursday, siding with the Federal Communications Commission (FCC) and the Securities and Exchange Commission (SEC) in separate disputes that tested the limits of agency authority. While the court has spent recent years curbing aspects of federal regulatory power, the latest rulings signaled …

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White House Ballroom Battle Reaches Critical Stage as Trump Administration Defends Ongoing Construction

White House Ballroom Battle Reaches Critical Stage as Trump Administration Defends Ongoing Construction

A legal fight over the future shape of the White House entered a crucial phase this week, with the Trump administration telling a federal appeals court that construction of a massive new ballroom has advanced too far to be halted. At the center of the dispute is a $400 million project rising on the site …

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FAB Backs Global Water Access Push Through Landmark Impact Investment

FAB Backs Global Water Access Push Through Landmark Impact Investment

First Abu Dhabi Bank (FAB) has expanded its sustainability agenda beyond traditional finance, forging a strategic alliance with Water.org and impact investment manager WaterEquity in a move aimed at widening access to clean water and sanitation in emerging economies. Announced ahead of World Environment Day, the partnership includes FAB’s investment in the WaterEquity Everspring Fund, …

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Saudi-Russian Energy Alliance Holds Firm as Global Oil Market Navigates Unprecedented Turbulence

Saudi-Russian Energy Alliance Holds Firm as Global Oil Market Navigates Unprecedented Turbulence

Saudi Arabia and Russia projected a message of unity at the St. Petersburg International Economic Forum as mounting geopolitical conflicts continue to reshape the global energy landscape and tighten oil supplies. Saudi Energy Minister Prince Abdulaziz bin Salman stressed the need for stability across energy markets, arguing that the world cannot afford disruptions at a …

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