Gulf Bourses Drift Lower as Washington–Tehran Talks Cast Long Shadow

Gulf Bourses Drift Lower as Washington–Tehran Talks Cast Long Shadow

A hush settled over Gulf trading floors on Thursday morning. Screens flickered red from Riyadh to Doha as investors chose caution over conviction, waiting for signals from high-stakes nuclear discussions between the United States and Iran unfolding in Geneva. In Saudi Arabia, the main index slid 0.5%, extending recent weakness. The pullback comes as the …

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Mashreq Ignites 2026 Debt Market with $500 Million AT1 Debut on Nasdaq Dubai

Mashreq Ignites 2026 Debt Market with $500 Million AT1 Debut on Nasdaq Dubai

Dubai’s debt market opened the year with a sharp statement of intent as Mashreq placed a $500 million Additional Tier 1 (AT1) bond on Nasdaq Dubai, drawing a wave of demand that far outpaced supply. The perpetual capital notes — rated A3 by Moody’s and A by both S&P and Fitch — were met with …

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Abu Dhabi Returns to Global Debt Markets with $ Benchmark Two-Step

Abu Dhabi Returns to Global Debt Markets with $ Benchmark Two-Step

Abu Dhabi is setting the tone for its 2026 funding calendar, instructing a syndicate of international banks to arrange a dual-tranche US dollar sovereign bond — its first outing of the year. The deal is structured in two slices: a five-year note guided around US Treasuries plus 50 basis points, and a 10-year tranche at …

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Talent Tug-of-War: Davis Polk Lures Another Star From Cravath’s Ranks

Talent Tug-of-War: Davis Polk Lures Another Star From Cravath’s Ranks

The talent carousel in New York’s elite legal circle spun again this week, with Davis Polk & Wardwell securing yet another partner from rival Cravath, Swaine & Moore—a move that underscores the shifting gravity among the city’s most storied firms. Amanda Hines Gold has crossed over to Davis Polk’s New York office, strengthening its executive …

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Washington Shuts Door on Caracas Funding Maduro’s Defense in U.S. Court

Washington Shuts Door on Caracas Funding Maduro’s Defense in U.S. Court

The United States has moved to block the Venezuelan state from footing the bill for Nicolás Maduro’s legal team as he fights federal drug-trafficking charges in New York, according to court filings from his defence camp. Maduro and his wife, Cilia Flores, have pleaded not guilty in Manhattan to accusations that include conspiracy to import …

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Judge Slams Brakes on Trump’s Third-Country Deportation Push

Judge Slams Brakes on Trump’s Third-Country Deportation Push

A federal courtroom in Boston has delivered a sharp rebuke to a cornerstone of former President Donald Trump’s immigration playbook. U.S. District Judge Brian Murphy ruled that a policy allowing migrants to be swiftly deported to countries other than their own — sometimes with only hours’ notice — violates basic constitutional protections. The decision strikes …

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From Courtroom to Corner Office: Maurene Comey Lands at Patterson Belknap

From Courtroom to Corner Office: Maurene Comey Lands at Patterson Belknap

Maurene Comey, once a fixture in Manhattan’s federal courtroom battles, is stepping into private practice after a turbulent exit from government service. The former assistant U.S. attorney has joined Patterson Belknap Webb & Tyler as a partner, marking a new chapter following her dismissal from the U.S. Justice Department last year. Comey had led high-profile …

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From Supreme Court Podium to Jury Verdict: Tom Goldstein’s High-Stakes Gamble Ends in Conviction

From Supreme Court Podium to Jury Verdict: Tom Goldstein’s High-Stakes Gamble Ends in Conviction

A lawyer once synonymous with precision before the nation’s highest bench now faces a reckoning far from its marble columns. A federal jury has convicted Tom Goldstein, a prominent Washington appellate attorney known for arguing more than 40 cases before the Supreme Court of the United States, on a slate of tax and financial crimes …

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Desert Data Fortress: UAE Central Bank Builds Sovereign Cloud With G42 Arm

Desert Data Fortress: UAE Central Bank Builds Sovereign Cloud With G42 Arm

In a decisive pivot toward digital self-reliance, the Central Bank of the United Arab Emirates has inked a deal with Core42, a unit of Abu Dhabi’s AI heavyweight G42, to construct what it calls a Sovereign Financial Cloud Services Infrastructure. This is not just another IT upgrade. It is an attempt to redraw the digital …

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Desert Capital Circles EA’s Debt as $55 Billion Buyout Machine Roars On

Desert Capital Circles EA’s Debt as $55 Billion Buyout Machine Roars On

A heavyweight consortium backed by Saudi Arabia’s sovereign wealth muscle has moved to sweep up $1.5 billion worth of debt issued by U.S. gaming giant Electronic Arts, tightening its grip ahead of a historic takeover. The buying vehicle, dubbed Oak-Eagle, brings together Saudi Arabia’s Public Investment Fund, global tech investor Silver Lake, and Affinity Partners. …

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