First Abu Dhabi Bank has returned to the debt markets with a confident stride, pulling in ÂŁ450 million from a sterling-denominated bond—its third outing this year and another sign of its steady access to global capital. The 5.5-year senior unsecured benchmark note tightened sharply in pricing, landing at UKT +75 basis points after initial whispers …
Sterling Bet Pays Off: FAB Locks In £450m as Demand Surges Read More »
In a move that signals both continuity and recalibration, DP World has elevated seasoned Dubai statesman Essa Kazim to Chairman of the Board, while naming Yuvraj Narayan as its new Group Chief Executive Officer. Kazim arrives at the post with a rĂ©sumĂ© steeped in the architecture of Dubai’s financial rise. He currently serves as Governor …
Ports Powerhouse Reshapes Its Helm as Dubai Veteran and Longtime Insider Take Charge Read More »
When it comes to the courtroom, Donald Trump appears to be arguing two positions at once: too occupied with the presidency to defend himself in civil court, yet fully available to file lawsuits against others. Shortly after returning to office in November 2024, Trump’s legal team urged a Delaware state judge to pause a lawsuit …
In Court and in Command: Trump’s Two-Tiered Legal Playbook Read More »
Don Lemon stood before a federal judge in St. Paul and delivered two words that now frame the next chapter of his public life: not guilty. The former CNN anchor is facing criminal charges tied to his livestream coverage of a protest that interrupted a church service in Minnesota during the height of President Donald …
In a move that redraws the lines of America’s climate rulebook, the administration of Donald Trump has dismantled the legal backbone that allowed Washington to police greenhouse gas emissions from cars. The Environmental Protection Agency has formally repealed the 2009 “endangerment finding” for vehicles — the scientific determination that greenhouse gases threaten public health. That …
A federal court has stepped into the fallout of a sweeping immigration crackdown in Minnesota, ruling that detainees were effectively shut out from their lawyers during a recent enforcement surge. U.S. District Judge Nancy Brasel found that actions taken by U.S. Immigration and Customs Enforcement during what authorities called “Operation Metro Surge” severely undermined detainees’ …
Locked Lines: Federal Judge Says ICE Cut Off Legal Access During Minnesota Sweep Read More »
A federal courtroom in Boston has delivered a pointed rebuke to the Trump administration, ordering officials to help bring back a Honduran college student who was deported despite a standing court order shielding her from removal. The ruling centers on Any Lucia Lopez Belloza, a freshman at Babson College in Wellesley, Massachusetts. She was detained …
The standoff between the Trump administration and Harvard University has moved from rhetoric to litigation. Federal officials have filed a lawsuit accusing the Ivy League institution of dragging its feet in a government probe examining whether race played an impermissible role in its admissions decisions. The case, lodged in Boston federal court, seeks to compel …
White House Takes Harvard to Court in Escalating Admissions Clash Read More »
A quiet migration of money is reshaping the global insurance map — and two of Canada’s largest life insurers are following the trail straight into the Gulf. Both Manulife and Sun Life have established a physical presence in Dubai, betting that the emirate’s fast-growing pool of globally mobile millionaires will fuel their next phase of …
Desert Ambitions: Canadian Insurance Giants Plant Flags in Dubai’s Wealth Corridor Read More »
In a clear bid to loosen the grip on borrowing costs, the Central Bank of Egypt has lowered its benchmark interest rates by one percentage point. The decision signals an attempt to inject fresh momentum into the economy, offering some breathing room to businesses weighed down by expensive credit and to consumers navigating tight financial …
Cairo Eases the Brakes: Egypt Trims Key Rates to Spark Growth Read More »
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