Saudi real estate developer Masqa Investment has unveiled the schedule for its upcoming public offering, with subscriptions set to open on June 17 and run through June 24 as the company advances toward a listing on Saudi Arabia’s Nomu parallel market. The offering stands out as one of the relatively few IPO transactions progressing in …
Saudi Property Developer Masqa Sets June Timeline for Nomu Market Debut Read More »
UAE telecom giant e& has agreed to sell a portion of its ownership in ride-hailing and delivery platform Careem to Uber Technologies in a cash transaction valued at $100 million, further reshaping the long-running partnership between the two companies. Under the binding agreement, e& will offload 12.5% of its stake in Careem from its current …
e& Trims Careem Holding in $100 Million Uber Deal, Keeps Strategic Footprint Read More »
Florida has become the first U.S. state to file a lawsuit against OpenAI, escalating scrutiny of artificial intelligence platforms and their impact on young users. The legal action, filed Monday by Florida Attorney General James Uthmeier, accuses OpenAI and its chief executive, Sam Altman, of misleading the public about the safety of ChatGPT. State officials …
The legal battle over President Donald Trump’s executive order on mail-in voting is moving to the next stage, with the Democratic Party formally seeking appellate review after a federal judge declined to halt the measure while litigation continues. A court filing submitted Monday signaled the party’s intention to challenge a recent ruling that refused to …
Democrats Take Voting Order Fight to Appeals Court as Mail-Ballot Dispute Deepens Read More »
A sprawling federal insider-trading prosecution took a major step forward in Boston on Monday as 15 defendants, including lawyers and financial professionals, pleaded not guilty to allegations that they participated in a long-running scheme built around confidential merger information. At the center of the case is Nicolo Nourafchan, an attorney who previously worked at several …
The U.S. Securities and Exchange Commission has moved to defend its proposed settlement with Elon Musk over his delayed disclosure of Twitter stock purchases, insisting the agreement emerged from legitimate negotiations and not from any improper arrangement between the parties. In a filing submitted to a federal court in Washington, the regulator argued that the …
SEC Pushes Back on Judge’s Concerns, Defends Musk-X Share Disclosure Deal Read More »
New Mexico’s legislative investigation into Jeffrey Epstein entered a more aggressive phase on Monday, with lawmakers announcing the commission’s first round of subpoenas aimed at uncovering what happened during the financier’s decades-long presence in the state. The New Mexico Truth Commission, created earlier this year to examine Epstein’s activities, has requested records from 14 organizations …
A federal appeals court has temporarily blocked the Pentagon from removing transgender service members from the U.S. military, delivering a significant setback to the Trump administration’s effort to enforce a sweeping ban on transgender personnel. In a split 2-1 decision, the U.S. Court of Appeals for the District of Columbia Circuit ruled that active-duty transgender …
A controversial proposal backed by President Donald Trump to create a nearly $1.8 billion compensation fund for individuals claiming to have been targeted by alleged government misconduct has been effectively shelved after facing intense resistance from within his own party. The plan, which emerged from a settlement linked to Trump’s legal battle with the Internal …
Trump Compensation Fund Hits Wall as Republican Resistance Forces Retreat Read More »
A federal courtroom in Boston became the latest battleground over the Trump administration’s aggressive immigration policies, as a judge questioned whether the president’s authority to regulate entry into the United States stretches far enough to justify a $100,000 fee on new H-1B visa applications. During a hearing on Friday, U.S. District Judge Leo Sorokin repeatedly …
Judge Presses Government Over Trump’s $100,000 H-1B Visa Charge Read More »
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