A high-stakes case over counterfeit HIV medications has taken an unexpected turn: the federal judge overseeing it has removed herself after learning her own brokerage account briefly held shares of Gilead Sciences, the pharmaceutical company at the center of the case. Judge Mary Kay Vyskocil, based in Manhattan, disclosed that her financial advisor—without her knowledge—purchased …
In a city already tense under an aggressive law-and-order drive, a grand jury in Washington has refused to indict Sean Dunn, a former Justice Department employee accused of an oddly symbolic act: throwing a sub sandwich at a federal agent. Prosecutors had pressed for a felony assault charge, claiming Dunn hurled the sandwich at a …
Grand Jury Tosses Out Case Against Man Accused of Sandwich Attack on Federal Agent Read More »
Washington’s streets have become the stage for one of President Donald Trump’s boldest crackdowns yet—complete with National Guard troops, federalized city police, and swarms of federal agents fanning out across the capital. The target? Not just traffickers or gunrunners, but also men with plastic baggies, folks sipping beer in public, and people lingering too long …
Trump’s Crime Crusade in DC: Federal Firepower Aimed at Petty Offenses Read More »
The fate of Kilmar Abrego—whose forced removal to El Salvador turned him into a flashpoint in America’s immigration wars—remains suspended in limbo. A federal judge in Maryland has ordered that Abrego stay on U.S. soil at least until October, keeping the Trump administration from carrying out its latest plan to deport him, this time to …
Judge Halts Trump Team’s Push to Deport Migrant at Center of High-Stakes Battle Read More »
The spotlight turns to Cairo this week as the Central Bank of Egypt prepares for a decision that could reshape the country’s economic momentum. With inflation cooling and stability gradually taking root, the Monetary Policy Committee is expected to loosen its grip on interest rates, shifting from defense to growth. For months, Egypt has lived …
From Riyadh’s skyline to the Kingdom’s balance sheets, Saudi Arabia’s growth story continues to hold strong. The Council of Economic and Development Affairs (CEDA) convened this week to examine a sweeping set of reports pointing to the nation’s fifth straight quarter of expansion, with non-oil activities powering much of the advance. The Ministry of Economy …
Saudi Arabia’s Economic Pulse: CEDA Charts Fifth Quarter of Momentum Read More »
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 …
Saudi Awwal Bank Secures $1.25 Billion in Landmark 10-Year Green Bond Sale Read More »
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, …
WSM Plots $133 Million Sukuk Drive to Power Growth Ambitions Read More »
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 …
Abu Dhabi’s Villa Market Surges as Buyers Flock to Ready Homes Read More »
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 …
Shuaa Capital Hands the Reins to Nabil Al Rantisi as New Growth Era Begins Read More »
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