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Abu Dhabi Tightens Its Grip on TAQA as L’IMAD Expands Utility Bet

Abu Dhabi Tightens Its Grip on TAQA as L’IMAD Expands Utility Bet

Abu Dhabi’s fast-rising sovereign investment powerhouse, L’IMAD Holding, has deepened its control over energy and water giant TAQA, marking another significant move in the emirate’s increasingly concentrated investment strategy. TAQA disclosed that Abu Dhabi Power Corporation (AD Power), a subsidiary of L’IMAD, has completed the purchase of an additional 9.1 billion shares in the utility …

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Trump Set to Shape Another Key Federal Court as Fifth Circuit Seat Opens

Trump Set to Shape Another Key Federal Court as Fifth Circuit Seat Opens

President Donald Trump is poised to make another influential judicial appointment after a vacancy emerged on one of the nation’s most conservative federal appellate courts. Judge Kurt Engelhardt of the Fifth U.S. Circuit Court of Appeals has notified the White House that he plans to transition to senior status at the close of 2026, or …

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AI Safety Whistleblower Takes xAI to Court, Claims Concerns Over Grok Led to His Dismissal

AI Safety Whistleblower Takes xAI to Court, Claims Concerns Over Grok Led to His Dismissal

A legal battle is unfolding around Elon Musk’s artificial intelligence venture xAI after a former engineer alleged he was pushed out of the company for sounding alarms about AI safety and the potential dangers associated with its flagship chatbot, Grok. The lawsuit, filed in a California state court, comes from Devin Kim, an early member …

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Maryland Judge Halts One Transgender Care Records Demand, Refuses Broader Nationwide Shield

Maryland Judge Halts One Transgender Care Records Demand, Refuses Broader Nationwide Shield

A federal judge in Maryland has declined a request to erect a nationwide legal barrier against U.S. Department of Justice efforts to obtain records related to transgender minors who received gender-affirming medical treatment, ruling that such sweeping relief cannot be achieved through the type of class action proposed by LGBTQ advocacy groups. The decision came …

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Judge Refuses Fresh Hearing for Google and Meta in Landmark Youth Addiction Lawsuit

Judge Refuses Fresh Hearing for Google and Meta in Landmark Youth Addiction Lawsuit

A California court has dealt another setback to Google and Meta, refusing to reopen a closely watched lawsuit in which a jury concluded that the companies’ social media platforms were designed in ways that contributed to a young user’s addiction. The decision came from a Los Angeles Superior Court judge, who rejected requests from both …

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Trial Lawyers Cash In as Susman Godfrey Outpaces Big Law’s New Pay Race

Trial Lawyers Cash In as Susman Godfrey Outpaces Big Law’s New Pay Race

The battle for legal talent in the United States has entered a new phase, with litigation powerhouse Susman Godfrey pushing associate salaries beyond the levels recently unveiled by some of the country’s largest law firms. The Houston-based firm has introduced a revised compensation structure that places annual associate pay between $240,000 and $450,000. The move …

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Columbia Clerk Boycott Puts Trump Appeals Court Pick Under Senate Spotlight

Columbia Clerk Boycott Puts Trump Appeals Court Pick Under Senate Spotlight

A federal judicial nomination hearing in Washington turned into a sharp examination of the boundaries between personal conviction and judicial neutrality, as U.S. District Judge Daniel Traynor defended his participation in a controversial boycott targeting graduates of Columbia University. Traynor, nominated by President Donald Trump for a seat on the 8th U.S. Circuit Court of …

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Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision

Albaddad Bets Big on Botswana With $1.9 Billion Smart City Vision

UAE-based Albaddad Holding has unveiled an ambitious $1.9 billion mixed-use development in Botswana, setting the stage for one of Southern Africa’s largest urban and business projects. Named **New Botswana City**, the sprawling development will rise in Gaborone and is being delivered in partnership with Botswana Development Corporation (BDC), the country’s state-backed investment agency. Designed as …

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Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option

Tristar Locks In $770 Million Refinancing Deal, Eyes Additional Islamic Finance Option

Dubai-based logistics and transportation specialist Tristar Group has secured a $770 million credit facility from a consortium of regional and international lenders, marking a significant refinancing move for the company as it reshapes its debt profile. The agreement, backed by a five-year term, includes two extension options that could provide additional flexibility over the life …

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Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum

Dubai’s Homeownership Push Crosses AED5 Billion Mark as Buyer Scheme Gains Momentum

Dubai’s drive to turn more residents into homeowners is gathering pace, with the emirate’s First-Time Home Buyer Programme helping more than 3,200 people purchase their first homes and generating over AED5 billion ($1.4 billion) in residential property transactions since its launch in July 2025. Introduced by the Dubai Land Department (DLD) in collaboration with the …

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