Saudi Arabia is preparing a major expansion of its real estate financing market, with plans to roll out property-backed sukuk worth as much as 150 billion riyals ($40 billion) by the end of the decade, according to local media reports. The proposed programme is expected to unfold gradually, with annual issuances estimated at around SAR20 …
Egypt is preparing a broad reset of its business regulatory framework, with officials promising quicker approvals, leaner bureaucracy and a more balanced environment for investors operating inside the country. At a gathering celebrating five decades of cooperation between Egypt and the International Finance Corporation, Investment and Foreign Trade Minister Mohamed Farid said Cairo’s reform agenda …
Egypt Moves to Rewrite Investment Rulebook With Faster Licensing Push Read More »
Qatar’s Islamic debt market saw another strong outing on Tuesday after the Qatar Central Bank rolled out government-backed Ijara sukuk worth QR4 billion ($1.09 billion) on behalf of the Ministry of Finance, attracting bids that far exceeded the amount on offer. Investor appetite came in forcefully, with subscriptions climbing to nearly QR11.4 billion, underscoring continued …
Qatar Draws Heavy Demand as Central Bank Launches $1.09 Billion Sukuk Sale Read More »
Dubai-listed Islamic insurer Salama opened 2026 with a sharp rebound in earnings, signaling that its restructuring efforts and recent capital injection are beginning to reshape the company’s financial footing. The insurer posted a first-quarter net profit of AED 14 million ($3.8 million), a dramatic leap from AED 500,000 recorded during the same period a year …
Salama’s Turnaround Gains Speed as Q1 Profit Jumps After Capital Boost Read More »
The battle over how far Title IX reaches inside America’s schools and universities is headed to the nation’s highest court. The U.S. Supreme Court has agreed to examine whether professors, coaches and other school employees can directly sue federally funded institutions for sex discrimination under Title IX — a question that has fractured federal appeals …
Supreme Court Steps Into Growing Fight Over Title IX Employee Lawsuits Read More »
A Massachusetts courtroom overseeing litigation tied to the Harvard Medical School body-parts scandal has now become the latest battleground in the legal profession’s uneasy relationship with artificial intelligence. A judge in Boston has refused to allow a senior attorney from powerhouse injury law firm Morgan & Morgan to participate in the ongoing lawsuits against Harvard …
Harvard Cadaver Scandal Lawsuit Hit by Fresh AI Fallout as Judge Blocks Attorney Read More »
Costco is asking a federal court in Chicago to throw out a proposed consumer class action that claims the warehouse retailer should hand back money tied to now-invalidated Trump-era import tariffs. The dispute stems from a recent U.S. Supreme Court ruling that struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA), triggering …
Costco Pushes Back as Tariff Refund Lawsuits Spread Across Corporate America Read More »
A fresh legal clash is unfolding over the future of prediction markets in the United States after federal regulators moved to stop Minnesota from enforcing a sweeping new ban aimed at platforms such as Kalshi and Polymarket. The U.S. Commodity Futures Trading Commission filed suit Tuesday against the state, arguing that Minnesota crossed a constitutional …
Minnesota’s Crackdown on Prediction Markets Triggers Federal Court Fight Read More »
A fresh legal clash is unfolding over the future of prediction markets in the United States, with federal regulators moving swiftly against Minnesota after the state approved the country’s toughest restrictions yet on the industry. The Commodity Futures Trading Commission filed a lawsuit Tuesday seeking to stop Minnesota from enforcing a newly signed law that …
Washington Challenges Minnesota’s Sweeping Crackdown on Prediction Markets Read More »
Sam Altman walked out of federal court with a legal victory. What he did not leave with was a cleaner reputation. A California jury dismissed Elon Musk’s lawsuit against OpenAI, ruling that the billionaire entrepreneur had waited too long to challenge the company’s transformation from a nonprofit research lab into a commercial powerhouse. The decision …
OpenAI Wins the Case, But Altman Leaves Court With New Questions Hanging Over Him Read More »
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