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GCC’s Debt Engine Roars to $1.1 Trillion as Sukuk Surge Reshapes the Market

GCC’s Debt Engine Roars to $1.1 Trillion as Sukuk Surge Reshapes the Market

The Gulf’s debt machine has kicked into a higher gear. By the end of the third quarter, outstanding volumes across the region’s debt capital market swelled to a towering $1.1 trillion, marking a muscular 12.7% jump over the past year, based on new figures from Fitch Ratings. One force in particular is rewriting the script: …

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From Regulator to Prosecutor: Holyoak Takes the Helm in Utah’s Federal Arena

From Regulator to Prosecutor: Holyoak Takes the Helm in Utah’s Federal Arena

The quiet corridors of the Federal Trade Commission gained an unfamiliar echo on Monday—the sound of a commissioner stepping away not in defeat or controversy, but to take on an entirely different battlefield. Melissa Holyoak, long a familiar figure in Utah’s legal orbit, has been tapped as the interim U.S. attorney for the District of …

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House Marches Toward an Epstein Files Showdown as Trump Abruptly Switches Sides

House Marches Toward an Epstein Files Showdown as Trump Abruptly Switches Sides

The U.S. House is gearing up for a high-stakes vote that has ricocheted through Washington all week: whether to force open the long-sealed investigative files tied to Jeffrey Epstein. What looked like a looming clash between Congress and the White House dissolved overnight after a sudden pivot from the Oval Office. For days, Republican lawmakers …

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Fed Governor’s Mortgage Battle Takes Center Stage as Her Lawyer Strikes Back

Fed Governor’s Mortgage Battle Takes Center Stage as Her Lawyer Strikes Back

The fight over Federal Reserve Governor Lisa Cook’s future has taken a sharp new turn, with her legal team rolling out a point-by-point rebuttal to the mortgage-fraud allegations that helped trigger the White House’s attempt to oust her. In a strongly worded letter sent to the U.S. attorney general, Cook’s counsel argued that the supposed …

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Judges Signal a Possible Comeback for Tylenol Autism Suits as Market Shivers

Judges Signal a Possible Comeback for Tylenol Autism Suits as Market Shivers

A legal echo bounced through a Manhattan courtroom this week, shaking loose a controversy many thought had been sealed shut. More than 500 private lawsuits—once swept aside—may be clawing their way back into the spotlight, all centered on the allegation that Tylenol use during pregnancy is linked to autism and ADHD. The cases were previously …

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Judge Flags Deep Fault Lines in the Case Against Former FBI Chief James Comey

Judge Flags Deep Fault Lines in the Case Against Former FBI Chief James Comey

A federal courtroom in Virginia has become the stage for a dramatic unravelling: a judge has concluded that the prosecution of former FBI Director James Comey may have been built on shaky—and potentially tainted—ground. In a sharply worded ruling, the magistrate judge declared that the path leading to Comey’s indictment was marred by “profound investigative …

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Dubai’s BOC Outpost Rolls Out Fresh Dollar Notes, Eyes Dual Hub Listing

Dubai’s BOC Outpost Rolls Out Fresh Dollar Notes, Eyes Dual Hub Listing

Bank of China’s Dubai arm has kicked off the sale of a new batch of three-year floating-rate notes, carving its way into global debt markets with a price marker hovering around SOFR plus 100 basis points. The issue slots neatly into the bank’s senior unsecured stack, mirroring the institution’s existing rating profile. A long roster …

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Gulf Markets Drift Sideways as Oil Softens and Wall Street Signals Go Fuzzy

Gulf Markets Drift Sideways as Oil Softens and Wall Street Signals Go Fuzzy

Gulf trading floors opened the week with the energy of a half-charged battery — faint flickers of movement, but not much spark. With oil prices sagging and the U.S. Federal Reserve’s next move shrouded in its usual fog, most regional indices simply floated in place. Oil, the region’s favorite weathervane, dipped after Russian exports resumed …

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Saudi’s Talent Gold Rush Cools as Expats Face Leaner Offers

Saudi’s Talent Gold Rush Cools as Expats Face Leaner Offers

Saudi Arabia’s once-lavish salary packages for foreign professionals are quietly shrinking, as companies recalibrate their budgets and rethink what — and who — is worth paying a premium for. Recruiters across the region say the era of eye-watering offers is giving way to a far more measured chapter. The kingdom’s vast economic re-engineering, built around …

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Derayah Plots a Bigger Footprint with a Fresh Wave of Saudi Bank Funding

Derayah Plots a Bigger Footprint with a Fresh Wave of Saudi Bank Funding

Derayah Financial has unlocked a hefty 500 million-riyals lifeline, tapping into a sharia-compliant credit facility from Saudi National Bank—fuel poured straight into its plans for a more muscular presence in the brokerage arena. The funding is set to stretch the platform’s reach, powering up its main operations and widening its product shelf. A key piece …

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