🇦🇪UAE Legal News

WSM Plots $133 Million Sukuk Drive to Power Growth Ambitions

WSM Plots $133 Million Sukuk Drive to Power Growth Ambitions

Saudi-based WSM for Information Technology is gearing up for a major fundraising move, unveiling plans to launch a sukuk programme worth up to SAR 500 million ($133.3 million). The initiative, still awaiting regulatory clearance, is designed to strengthen the company’s financial muscle, covering day-to-day operations while fueling its broader expansion strategy. To steer the process, …

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Abu Dhabi’s Villa Market Surges as Buyers Flock to Ready Homes

Abu Dhabi’s Villa Market Surges as Buyers Flock to Ready Homes

Abu Dhabi’s housing market just set a new milestone: sales of ready villas and townhouses have jumped 72% in the first half of 2025, marking the strongest performance in four years. Between January and June, around 700 ready units changed hands, driven by families seeking more space and investors chasing strong rental yields and long-term …

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Shuaa Capital Hands the Reins to Nabil Al Rantisi as New Growth Era Begins

Shuaa Capital Hands the Reins to Nabil Al Rantisi as New Growth Era Begins

Shuaa Capital is setting the stage for its next chapter, announcing the appointment of Nabil Al Rantisi as Group CEO, effective September 1. The Dubai-listed investment firm is betting on his leadership to drive expansion, unlock new revenue streams, and sharpen its presence across the region and beyond. Outgoing chief Wafik Ben Mansour, who steered …

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Atomic Leap: CE-Ventures Backs \$100M Push to Power AI With Nuclear Energy

Atomic Leap: CE-Ventures Backs \$100M Push to Power AI With Nuclear Energy

The race to fuel the world’s AI revolution just received a nuclear boost. CE-Ventures, the venture arm of Crescent Enterprises, has joined a heavyweight group of investors in a \$100 million Series B funding round for Aalo Atomics, a fast-rising US nuclear technology company. The round, led by Valor Equity Partners and joined by Fine …

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Binghatti Capital Bets Big on Private Credit to Power Subcontractors and Fast-Track Returns

Binghatti Capital Bets Big on Private Credit to Power Subcontractors and Fast-Track Returns

Dubai’s property market is no stranger to bold experiments, but Binghatti Capital is raising the bar with a move that blends real estate ambition with financial innovation. The asset management arm of Binghatti Group is rolling out a \$1 billion Shariah-compliant investment platform, with private credit sitting firmly at its core. At the heart of …

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Abu Dhabi Royal-Owned Developer Seals $817 Million Financing Pact

Abu Dhabi Royal-Owned Developer Seals $817 Million Financing Pact

The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan, a long-standing real estate powerhouse tied to Abu Dhabi’s ruling family, has secured a major AED 3 billion ($817 million) financing deal backed by its vast property portfolio across the UAE. The 10-year syndicated facility will be channeled into refinancing existing bank loans, meeting sukuk …

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Central Bank Strips Malik Exchange of Licence, Slaps AED 2 Million Fine

Central Bank Strips Malik Exchange of Licence, Slaps AED 2 Million Fine

Abu Dhabi’s financial regulator has delivered a decisive blow to Malik Exchange, revoking its licence and striking the company off the official register. Alongside the shutdown comes a hefty AED 2 million financial penalty. The move follows a deep-dive examination by the Central Bank of the UAE (CBUAE), which uncovered a series of violations tied …

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Abu Dhabi Royal-Owned Property Giant Locks in \$817 Million Financing Boost

Abu Dhabi Royal-Owned Property Giant Locks in \$817 Million Financing Boost

A major real estate player tied to Abu Dhabi’s ruling family has pulled off a hefty new financing deal worth 3 billion dirhams (\$817 million), shoring up its position in the UAE’s property market. The Private Department of Sheikh Mohamed Bin Khalid Al Nahyan, a company with roots stretching back to 1964, secured the 10-year …

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Courts Without Borders: Saudi and Iraq Forge Legal Alliance in Riyadh

Courts Without Borders: Saudi and Iraq Forge Legal Alliance in Riyadh

Riyadh played host to a diplomatic handshake between gavels this week, as Saudi Arabia and Iraq locked in a new era of judicial cooperation. Justice Ministers Dr. Walid Al-Samaani and Dr. Khaled Salam Shawani met in the Saudi capital and signed off on an executive agreement designed to tighten the legal bond between the neighboring …

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Bahrain Cracks Down: Reckless Drivers Face Jail, Fines, and Vehicle Confiscation Under New Traffic Law Shake-Up

Bahrain Cracks Down: Reckless Drivers Face Jail, Fines, and Vehicle Confiscation Under New Traffic Law Shake-Up

In a bold overhaul of its Traffic Law, Bahrain has announced sweeping new penalties aimed at curbing reckless driving, saving lives, and restoring order to the kingdom’s roads. Vehicles involved in serious accidents or reckless acts may now be seized outright—part of a slate of intensified consequences rolled out by the Interior Ministry. This aggressive …

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