A federal judge has halted a Justice Department investigation aimed at several Minnesota officials, delivering a sharp rebuke to the Trump administration’s efforts to scrutinize state leaders over their stance on immigration enforcement. In a ruling made public Monday, U.S. District Judge Patrick Schiltz invalidated subpoenas issued to the office of Minnesota Governor Tim Walz …
A federal court in California has dismissed the Trump administration’s legal challenge against Los Angeles over its policy limiting cooperation with federal immigration enforcement, marking another setback for Washington’s efforts to dismantle so-called sanctuary-style measures adopted by major Democratic-led cities. U.S. District Judge Fernando Olguin rejected the administration’s claim that the Los Angeles ordinance violated …
Court Throws Out Federal Challenge to Los Angeles’ Immigration Shield Policy Read More »
A federal court has dealt a significant setback to the Trump administration’s election oversight strategy, blocking the use of an expanded federal immigration database designed to help states verify the citizenship status of registered voters. In a sweeping ruling issued Monday, a judge in Washington, D.C., struck down recent changes made to the Department of …
Court Halts Federal Push to Use Immigration Records in Voter Roll Scrutiny Read More »
Saudi Arabia’s Bank AlJazira has successfully priced a $500 million perpetual Additional Tier 1 (AT1) sukuk, attracting robust investor demand that allowed the lender to tighten pricing from initial guidance. The US dollar-denominated issuance was priced at a spread of 650 basis points over US Treasuries, improving from initial price thoughts that were set in …
Bank AlJazira Draws Strong Demand as $500 Million AT1 Sukuk Prices Tighter Read More »
UAE equities surged on Thursday as investor sentiment improved following signs of easing tensions between the United States and Iran, helping Dubai post its strongest advance in months. However, growing expectations that the U.S. Federal Reserve could maintain a tougher stance on interest rates prevented a broader rally across Gulf markets. Markets drew support from …
Ceasefire Cheer Lifts UAE Markets, But Fed Jitters Keep Gulf Rally in Check Read More »
Jabal Omar Development Company has entered into a SAR 2 billion ($533 million) Murabaha financing agreement with Saudi National Bank, marking another step in the developer’s efforts to strengthen its balance sheet and streamline long-term financing obligations. The new facility, which carries a 15-year tenor, will be used to refinance existing debt under more favorable …
Jabal Omar Secures $533 Million Refinancing Deal to Extend Debt Maturity Read More »
The global oil industry is nowhere near the end of its growth story, according to OPEC, which has reaffirmed its conviction that oil demand will continue climbing for decades despite the rapid expansion of renewable energy and electric vehicles. In its latest *World Oil Outlook 2026*, the producer group projected global oil consumption to rise …
OPEC Doubles Down on Oil’s Future, Pushes Demand Growth Forecast Through Mid-Century Read More »
First Abu Dhabi Bank (FAB), the UAE’s largest lender, has launched a three-year euro-denominated green bond offering, inviting investors to participate in a senior unsecured benchmark transaction under its established Euro Medium Term Note Programme. The deal, structured as a Regulation S, Category 2 issuance, will be offered through FAB’s $20 billion Euro Medium Term …
FAB Heads to Euro Debt Markets With Green Bond Offering as Pricing Window Opens Read More »
Rhode Island has become the latest jurisdiction to formally address the growing influence of artificial intelligence in the legal profession, introducing new professional standards that place responsibility squarely on lawyers and judges who choose to use AI-powered tools. The state’s highest court has amended its rules of professional conduct, making clear that attorneys must remain …
AI Enters the Rulebook: Rhode Island Sets Boundaries for Lawyers and Judges Read More »
Federal Reserve Governor Lisa Cook has disclosed that nearly $1.2 million in legal assistance was provided on her behalf as she continues a high-stakes court battle against President Donald Trump’s attempt to remove her from the central bank. The disclosure, released through federal ethics filings, sheds light on the extraordinary financial and security costs surrounding …
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