New Yorkâs Attorney General Letitia James â the same official who once took on Donald Trump and won a $450 million civil fraud verdict â is now in the crosshairs of a federal prosecution. Standing before a judge in Norfolk, Virginia, she pleaded âNot guilty, judge, to both counts.â The courtroom formality barely ended before …
James Comey isnât quietly enduring the charges against himâheâs fighting back with both barrels. The former FBI Director has asked a federal judge to throw out the criminal case he faces, calling it the product of a vindictive political crusade ordered by Donald Trump himself. In filings submitted this week, Comey accused the government of …
A federal judge in Oregon signaled she will stop the Trump administration from enforcing a directive that would strip millions in federal grants from states refusing to erase references to âgender ideologyâ from sex education materials. The caseâbrought by Washington, Oregon, Minnesota, and a coalition of 16 states plus the District of Columbiaâcenters on a …
Judge Moves to Halt Trump Order Targeting âGender Ideologyâ in School Programs Read More »
A U.S. appeals court has granted former President Donald Trump the authority to deploy National Guard troops to Portland, Oregon â a decision that deepens the legal and political divide over the federal governmentâs power to intervene in state affairs. The ruling, delivered by a split three-judge panel of the 9th Circuit Court of Appeals, …
Divided Court Clears Path for Trump to Deploy National Guard in Portland Showdownâ Read More »
Riyad Bank is powering through 2025 with profits on the rise and balance sheets swelling. The Saudi lender posted a 9.98% year-on-year increase in net earnings, reaching SAR 7.77 billion ($2.07 billion) in the first nine months of the year, up from SAR 7.06 billion a year earlier. Earnings per share nudged higher to SAR …
Riyad Bank Rides Growth Wave, Nine-Month Profits Cross $2 Billion Mark Read More »
In a move set to redefine the UAEâs mobility landscape, Multiply Groupâs subsidiary, Emirates Driving Company (EDC), has completed the acquisition of a 22.5% stake in Mwasalat Holding â with an open road ahead to raise that share to a commanding 50.6%. The deal isnât just a financial play; itâs a deliberate pivot toward shaping …
The International Monetary Fund painted an unexpectedly upbeat picture for the Middle East, North Africa, and Pakistan, projecting that regional economies will expand by 3.2% in 2025 and accelerate further to 3.7% in 2026 â a marked rise from last yearâs 2.1% pace. Oil exporters, buoyed by increased production after the rollback of OPEC+ cuts, …
MENA and Pakistan Economies Defy Headwinds, Poised for 3.2% Growth in 2025: IMF Outlook Read More »
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 Mandatory Convertible Sukuk issuance, following a shareholder-approved capital reduction. The restructuring aims to clear accumulated losses and cancel treasury shares, reinforcing …
Salama Charts a New Course with $48 Million Convertible Sukuk After Capital Shake-Up Read More »
Abu Dhabiâs 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 than initial guidance of 4.45%, reflecting strong market interest. Investor demand was robust, with orderbooks exceeding AED 4.7 billion, even before …
Abu Dhabiâs Mamoura Secures AED 1 Billion Bond Amid Surging Investor Appetite Read More »
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 year by IRS agents Gary Shapley and Joseph Ziegler, claimed Lowell defamed them in letters to Congress and media outlets regarding …
DC Legal Heavyweight Wins Dismissal in High-Profile IRS Defamation Case Read More »
Court Cast is a vibrant, collaborative platform designed specifically for legal professionals worldwide. Embrace the opportunity to connect, share insights, and grow with a diverse network of attorneys, legal scholars, and industry experts. Court Cast offers a unique space for members to discuss the latest legal trends, share case studies, and engage in thought-provoking environment.
