Court Cast

Saudi Awwal Bank Secures $1.25 Billion in Landmark 10-Year Green Bond Sale

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Saudi Awwal Bank (SAB) has tapped global debt markets with a bold $1.25 billion Tier 2 green bond, locking in strong investor appetite and marking another milestone in the Kingdom’s sustainable finance drive. The deal, which carries a 10-year maturity, priced at a spread of 220 basis points over U.S. Treasuries—tighter than the initial guidance …

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WSM Plots $133 Million Sukuk Drive to Power Growth Ambitions

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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

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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

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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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Court Tells SEC to Re-Do Its Homework on Short-Selling Rules

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The battle over Wall Street’s most contentious trading tactic has taken another twist. A U.S. appeals court has ordered the Securities and Exchange Commission to go back and reassess the economic fallout of its Biden-era rules on short-selling transparency—a win, at least in part, for hedge funds that challenged the policy. The case was launched …

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Texas Senate Pushes Through Redistricting Overhaul, Clearing Path for Abbott’s Signature

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The fight over who controls Texas’ political map has tilted sharply after the state Senate, in the early hours of Saturday, approved a sweeping redistricting plan designed to hand Republicans an advantage in Washington. The bill now heads to Governor Greg Abbott, who has already promised to ink it into law without hesitation. The plan, …

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Intel’s $8.9 Billion Pact with Washington: Skadden at the Center of the White House Stake Deal

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Intel’s high-stakes dance with Washington just gained a new partner in the spotlight—law firm Skadden, which quietly steered the chip giant through its deal granting the U.S. government nearly 10% ownership in the company. Fresh filings with the Securities and Exchange Commission reveal that Skadden handled the legal groundwork for the $8.9 billion arrangement, giving …

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From El Salvador to Uganda? The Relentless Battle Over Kilmar Abrego’s Fate

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Kilmar Abrego’s story was already one for the history books—a man wrongly deported to El Salvador earlier this year, hauled back to the U.S., only to find himself staring down yet another expulsion. Now, the U.S. government is considering sending him not to his homeland, but to Uganda, a country with which he has no …

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California Republicans Launch Fresh Legal Attack on Newsom’s Redistricting Push

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California’s political battlefield has erupted again, with Republicans filing their second lawsuit to block Governor Gavin Newsom’s newly approved redistricting plan—a blueprint that Democrats believe could hand them five additional seats in Congress ahead of the 2026 elections. Republican lawmakers argue the plan tramples the state’s constitution, which requires independent commissions—not politicians in power—to handle …

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Musk’s xAI Takes Apple and OpenAI to Court, Claims AI Monopoly Rigging the Game

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Elon Musk has opened another front in his war on the tech establishment. His AI venture, xAI, has hauled Apple and OpenAI into federal court in Texas, accusing them of carving up the artificial intelligence market to strangle rivals before they can catch their breath. According to the lawsuit, Apple’s deep embrace of ChatGPT within …

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