Kuwait Hands Housing Dilemma to the Private Sector After Decades of Bottlenecks

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Kuwait Hands Housing Dilemma to the Private Sector After Decades of Bottlenecks

For decades, Kuwait’s promise of housing for every family has been a slow-moving queue—one that today has swelled to 105,000 requests, growing at a steady 3% each year. If nothing changes, that figure could balloon to nearly 200,000 by 2035. The housing minister has now turned the spotlight onto the private sector, urging developers, banks, …

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UAE’s Building Boom: Construction Output to Soar Past $130 Billion by 2029

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UAE’s Building Boom: Construction Output to Soar Past $130 Billion by 2029

The cranes aren’t slowing down. From new towers piercing the skies of Dubai to mega-infrastructure reshaping Abu Dhabi, the UAE’s construction engine is charging ahead with output expected to hit $130.8 billion by 2029—up 22% from 2024 levels, according to new industry projections. The sector has been on an unstoppable climb since the start of …

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Abu Dhabi Taps Global Markets with Dual-Tranche Dollar Bonds

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Abu Dhabi Taps Global Markets with Dual-Tranche Dollar Bonds

Abu Dhabi has rolled out a fresh pair of dollar-denominated bonds, setting the stage for another heavyweight entry into international debt markets. The emirate is pitching a three-year Reg S/144A note around 40 basis points over U.S. Treasuries, and a 10-year tranche near 55 basis points. Both senior unsecured offerings carry strong backing, stamped with …

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Binghatti Strikes Again: $500 Million Green Sukuk Ignites Investor Frenzy

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Binghatti Strikes Again: $500 Million Green Sukuk Ignites Investor Frenzy

Dubai’s Binghatti Holding is keeping the capital markets buzzing, sealing its second major sukuk deal in less than two months. The developer, best known for its bold real estate projects, priced a $500 million three-year green sukuk at par with a 7.75% coupon—narrowed down from earlier whispers closer to 8.125%. The demand was nothing short …

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Families of Potomac Crash Victims Take Army, FAA, and Airlines to Court

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Families of Potomac Crash Victims Take Army, FAA, and Airlines to Court

A January night over Washington’s skies turned catastrophic, and now the fight for accountability has begun. The family of one of the 67 people killed when an American Eagle regional jet collided with a U.S. Army Black Hawk helicopter over the Potomac River on January 29 has filed a sweeping lawsuit in federal court. The …

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California’s Top Lawyer Promises a Legal Barrage Against Trump’s Green Rollbacks and Big Oil

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California’s Top Lawyer Promises a Legal Barrage Against Trump’s Green Rollbacks and Big Oil

California’s attorney general is sharpening his legal arsenal, vowing to take on both Washington and Wall Street’s energy giants as battles over climate, recycling, and even food intensify. Rob Bonta, speaking live in Times Square during New York Climate Week, declared that his state will not sit idle while the Trump administration dismantles environmental protections. …

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Tylenol Autism Fight Revived as Trump’s Warning to Pregnant Women Lands in Court

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Tylenol Autism Fight Revived as Trump’s Warning to Pregnant Women Lands in Court

Families challenging the dismissal of hundreds of lawsuits over Tylenol and autism are asking an appeals court to weigh an unlikely new ally: the Trump White House. In a letter filed this week, attorney Ashley Keller urged the 2nd U.S. Circuit Court of Appeals to consider President Donald Trump’s recent remarks cautioning pregnant women against …

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Judge Rebukes Justice Dept Over Public Comments in Mangione Murder Case

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Judge Rebukes Justice Dept Over Public Comments in Mangione Murder Case

A Manhattan federal judge has ruled that Justice Department officials crossed a legal line with their public remarks about Luigi Mangione, the man accused of killing UnitedHealthcare’s former chief executive Brian Thompson. Judge Margaret Garnett said the statements violated court rules designed to shield defendants from prejudicial publicity that could poison a jury pool. In …

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Judge Strikes Down Trump Move Linking Disaster Aid to Immigration Crackdown

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Judge Strikes Down Trump Move Linking Disaster Aid to Immigration Crackdown

A federal judge has halted a Trump administration push that sought to tie billions in disaster and emergency aid to states’ willingness to enforce federal immigration policies. The ruling came from U.S. District Judge William Smith in Providence, Rhode Island, who sided with 20 states and the District of Columbia after they challenged conditions imposed …

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