FAB Locks in Five-Year Dollar Funding as Demand Swells Past $2.8 Billion

FAB Locks in Five-Year Dollar Funding as Demand Swells Past $2.8 Billion

First Abu Dhabi Bank has returned to the debt markets with confidence, sealing a $750 million five-year senior unsecured bond that drew deep global interest. The dollar-denominated note was issued under Regulation S at a fixed coupon and yield of 4.299%, priced at par. The spread was set at 60 basis points over US Treasuries, …

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Aldar Locks in $1 Billion Hybrid Sale as Demand Slashes Pricing

Aldar Locks in $1 Billion Hybrid Sale as Demand Slashes Pricing

Aldar Properties has tapped global debt markets with a $1 billion hybrid bond sale, riding a wave of investor appetite that allowed the Abu Dhabi developer to tighten pricing well below early expectations. The US dollar–denominated notes were priced at a coupon of 5.875%, trimmed sharply from initial guidance that hovered in the mid-6% range. …

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Ethmar and Guggenheim Heirs Bet Big on the Future of Media Tech

Ethmar and Guggenheim Heirs Bet Big on the Future of Media Tech

Abu Dhabi-based Ethmar International Holding is joining forces with Guggenheim Brothers Media to roll out a new investment fund aimed squarely at the next wave of media and technology innovators. The fund, described as running into the multi-million-dollar range, will be steered by Dillon Lawson-Johnston—whose lineage traces back to the founder of New York’s Guggenheim …

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SABIC Reshapes Its Global Footprint With Twin European Exits

SABIC Reshapes Its Global Footprint With Twin European Exits

Saudi Basic Industries Corporation (SABIC) is pressing ahead with a strategic reset, agreeing to sell off two major overseas operations as it sharpens its focus on faster-growing markets. The company has struck a deal with Germany’s AEQUITA SE & Co. KGaA to transfer full ownership of SABIC Europe BV, valuing the business at 1.88 billion …

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Federal Pause Shields Hospitals Offering Youth Gender Care as Court Fight Unfolds

Federal Pause Shields Hospitals Offering Youth Gender Care as Court Fight Unfolds

The U.S. government has put its enforcement plans on hold for now, agreeing not to push hospitals or clinics out of Medicare or Medicaid over gender-affirming care for minors while a major court challenge moves forward. According to a recent court filing, the Department of Health and Human Services will refrain from issuing exclusion notices …

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Immunity on Trial: Maduro’s Courtroom Gamble Puts U.S. Reach Under the Microscope

Immunity on Trial: Maduro’s Courtroom Gamble Puts U.S. Reach Under the Microscope

Nicolás Maduro’s first steps into a Manhattan courtroom were less about handcuffs and charges than about a far larger question: how far can the United States go when it drags a foreign leader before its judges? Standing before the court, Maduro rejected the accusations of narco-terrorism and cocaine trafficking and doubled down on a claim …

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Musk Clears Key Hurdle in OpenAI Showdown as Judge Sends Case to Jury

Musk Clears Key Hurdle in OpenAI Showdown as Judge Sends Case to Jury

Elon Musk has won the right to take his fight with OpenAI to a jury, after a U.S. judge ruled that his claims over the company’s shift toward a for-profit model raise factual disputes too serious to dismiss. At a hearing in Oakland, a federal judge said the record contains substantial evidence suggesting OpenAI’s leadership …

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Trump Seeks $6 Million Payback After Georgia Election Case Unravels

Trump Seeks $6 Million Payback After Georgia Election Case Unravels

Former U.S. President Donald Trump has moved a Georgia state court to recover more than $6.2 million, saying the sum reflects what he spent defending himself in a now-defunct case tied to the 2020 election. The request follows the collapse of the high-profile proceedings in Fulton County, which were formally withdrawn late last year. Trump’s …

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When the Meter Runs Too Fast: Why Law Firms May Be Near a Financial Inflection Point

When the Meter Runs Too Fast: Why Law Firms May Be Near a Financial Inflection Point

After a banner year, much of the U.S. legal industry is staring at an uncomfortable question: how long can the momentum last? Large and mid-sized law firms closed 2025 with enviable numbers. Client demand was strong, billing rates climbed sharply, and profits swelled at double-digit rates. Transactional teams were busy. Litigators stayed occupied. For once, …

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