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Dubai-based Islamic insurer Salama is taking bold steps to reset its financial footing. The Takaful provider, listed on the Dubai Financial Market, plans to raise up to 175 million dirhams ($48 million) through a…
Abu Dhabi’s sovereign-backed investment arm, Mamoura Diversified Global Holding (MDGH), has successfully priced a AED 1 billion ($272 million) five-year Reg S bond, offering investors a 4.20% coupon. The final pricing came in tighter…
A federal judge has thrown out a defamation lawsuit filed by two IRS agents against veteran Washington attorney Abbe Lowell, reinforcing the protections afforded to lawyers advocating for their clients. The case, initiated last…
Tesla’s record-shattering $1 trillion pay proposal for CEO Elon Musk is hitting turbulence as influential proxy adviser ISS has urged shareholders to vote it down, calling it an “extraordinarily high” package that could limit…
CHICAGO — Federal immigration officers enforcing the Trump administration’s crackdown in Chicago are now required to wear body cameras, following a ruling by U.S. District Judge Sara Ellis. The judge cited concerns that officers…
The gears of the U.S. federal judiciary are grinding to a slow halt. Starting Monday, courts across the country will begin furloughing staff and scaling back non-essential functions after their emergency reserves ran dry…
In a move that reignited debate over presidential clemency, Donald Trump has commuted the prison sentence of former U.S. Representative George Santos — the scandal-scarred lawmaker whose brief political career was defined by deception…
The storm circling John Bolton, once a towering figure in American foreign policy, now swirls inside a Maryland courtroom. At 76, the former U.S. National Security Adviser stands accused of transmitting and keeping classified…
Abu Dhabi’s district cooling powerhouse, Tabreed, has unveiled the completion of its two largest-ever transactions, setting the stage for a significant leap in scale and operational strength. The company, in partnership with global investor…
Sharjah has successfully raised 2 billion renminbi—roughly $280 million—through a three-year Panda bond, marking another strategic move into China’s domestic debt market. While the final interest rate remains under wraps, early indications on Monday…
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