A federal judge in New York has ruled that allegations claiming Bank of America ignored glaring warning signs tied to Jeffrey Epstein’s sex trafficking activities are strong enough to keep a high-stakes civil lawsuit alive. In a detailed opinion explaining an earlier decision, the court said the plaintiffs plausibly argued that the bank acted with …
Judge Opens Door for Epstein Victims’ Case Against Bank of America Read More »
The era of taking the LSAT from a bedroom desk or kitchen table is coming to an end. Beginning in August, the Law School Admission Test — the gatekeeper exam for aspiring lawyers in the United States and abroad — will return almost entirely to brick-and-mortar testing centers. After the June sitting, the online option …
LSAT Pulls the Plug on Remote Testing After Global Cheating Fears Read More »
A regulatory retreat in Washington may be setting the stage for a legal advance elsewhere. The Trump administration is preparing to scrap a 2009 scientific determination that declared greenhouse gases a threat to public health — a finding that has underpinned federal climate regulation for more than a decade. While the move is being cast …
Climate Rollback Could Boomerang Into Courtroom Blitz Read More »
Dubai’s property engine roared to life in spectacular fashion, clocking its most valuable single day on record. On January 26, real estate transactions surged to AED15.6 billion ($4.25 billion), a milestone that redraws the ceiling for daily market performance in the emirate. The figure was powered by 1,501 individual deals, underscoring not just scale, but …
$4.25 Billion in a Day: Dubai Property Market Smashes All-Time Record Read More »
Corporate heavyweights across the Gulf are stepping into 2026 with credit strength intact, even as oil prices soften and geopolitical nerves flicker. According to S&P Global Ratings, companies across the GCC are expected to preserve stable credit profiles this year, buoyed by solid financial buffers and strong sovereign linkages. Lower crude prices and regional tensions …
Gulf Corporates Enter 2026 With Steelier Balance Sheets Despite Oil Dip Read More »
Trading floors across the Gulf opened to a cautious hum on Wednesday, screens flickering red as nerves over U.S.–Iran diplomacy resurfaced. The region’s main indices slipped, with Dubai absorbing the sharpest blow. The unease followed fresh signals from Washington. President Donald Trump said he was weighing the deployment of a second aircraft carrier to the …
Gulf Markets Drift Lower as Washington–Tehran Tensions Cloud Investor Mood Read More »
The United Arab Emirates has been quietly stacking gold — and in 2025, the pile grew dramatically. Fresh figures from the Central Bank show the country’s gold reserves soaring nearly 65 percent over the year, closing December at AED 37.9 billion. Twelve months earlier, the tally stood at AED 22.98 billion. The surge underscores a …
Golden Cushion: UAE Central Bank’s Bullion Vault Swells to Record High Read More »
Dubai’s district cooling heavyweight has a new power center. Dubai Holding has cashed out of Emirates Central Cooling Systems Corporation (Empower), selling its entire 24% stake to Dubai Electricity and Water Authority (DEWA) in a transaction valued at AED 5.184 billion — roughly $1.4 billion. The move reshapes the ownership map. DEWA’s share climbs from …
Cooling Crown Consolidated: DEWA Tightens Grip on Empower in $1.4 Billion Deal Read More »
Dubai’s equity markets, quiet for much of last year, may be preparing for a sharper soundtrack in 2026 — the clang of opening bells and the shuffle of fresh prospectuses. At the front of the queue is Dubai Investments Park (DIP), the sprawling mixed-use development that has long functioned as a self-contained city within the …
After Eid, the Bell May Ring Again: Dubai’s IPO Engine Warms Up Read More »
A courtroom in Texas has become an unlikely battleground in America’s culture war over investing — and this time, the gavel fell against the state. A federal judge struck down Texas’ Energy Discrimination Elimination Act, the 2021 law that ordered public agencies to sever ties with financial firms accused of sidelining oil and gas companies …
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