Almasar Education, the education arm of Dubai-listed Amanat Holdings, has secured the green light from Saudi Arabiaâs Capital Market Authority to launch its IPO on the Tadawul Main Market. The company plans to offer 30,720,400 shares, equivalent to 30% of its total share capital. Specializing in niche education across the Gulf, Almasar Education operates in …
Amanat-Backed Almasar Education Set to Make Tadawul Debut Read More »
The Islamic Corporation for the Development of the Private Sector (ICDPS) has priced a five-year, $500 million benchmark sukuk, drawing robust investor appetite that pushed initial orders beyond $2 billion. Rated A2 (Moodyâs), A (S&P), and A+ (Fitch), the sukuk carries a 4.391% semi-annual coupon, priced at 65 basis points over U.S. Treasuries, tightening from …
GCC-Backed ICDPS Sparks $500M Sukuk Frenzy with Oversubscribed Launch Read More »
The battle over the future of the Education Departmentâs civil rights office took another sharp turn this week, as a federal appeals court opened the door for the Trump administration to move forward with sweeping layoffs. A three-judge panel of the 1st U.S. Circuit Court of Appeals in Boston temporarily suspended an injunction that had …
Trump Wins Court Backing to Slash Civil Rights Jobs at Education Department Read More »
The clash between federal power and state defiance has flared againâthis time in Minnesota. The U.S. Justice Department has launched a lawsuit against the state, accusing its leaders of shielding undocumented immigrants from federal authorities in violation of national law. At the center of the dispute are Minneapolis, St. Paul, and Hennepin County, which the …
Washington Takes Minnesota to Court Over Immigration Standoff Read More »
A bruising legal standoff over attorney fees tied to Columbia Universityâs massive sex abuse settlements has ended not with a bang but a quiet retreat. New Yorkâs Wigdor law firm and plaintiffsâ lawyer Anthony DiPietro agreed to permanently halt their court battle, which had been simmering since last year. Court papers filed earlier this month …
Lawyers Quietly Close Bitter Fight Over Columbia Settlement Fees Read More »
The top federal prosecutor in Nevada has set Washington buzzing after documents revealed she pressed the FBI to pursue long-debunked claims of widespread voter fraud in the 2020 electionâclaims she hoped would tilt future congressional races and place Democrats under investigation. Sigal Chattah, sworn in this spring as Nevadaâs Interim U.S. Attorney, told senior Justice …
The courtroom spotlight is once again fixed on Sean âDiddyâ Combs. Federal prosecutors have asked a Manhattan judge to hand the 55-year-old music mogul more than 11 years behind bars, plus a $500,000 fine, after his conviction on prostitution-related charges. In July, a jury found Combs guilty on two counts of transporting men across state …
Prosecutors Push for 11-Year Prison Term in Sean âDiddyâ Combs Case Read More »
A federal court in Washington has thrown the brakes on the Trump administrationâs plan to cut loose more than 500 employees from Voice of Americaâs parent agency, warning officials that their conduct showed a troubling disregard for judicial authority. U.S. District Judge Royce Lamberth said the U.S. Agency for Global Media, which oversees VOA, had …
A legal storm is brewing in Delawareâs federal court, where Factor Bioscience has taken aim at Cellectis and pharmaceutical heavyweight AstraZeneca. At the heart of the fight: who owns the cutting edge of gene-editing technology that could transform cancer treatment. Factor claims its pioneering work with messenger RNA and protein-based TALENsâtools designed to reprogram cells …
The fate of TikTokâs U.S. operations is heading for another round of political theater. The powerful chair of the House Select Committee on China has pledged to keep a tight grip on oversight as ByteDance moves to shed its American arm under the rules of a 2024 law signed by Donald Trump. Representative John Moolenaar …
Congress Turns Spotlight on TikTok Sale, Promises Sharp Scrutiny Ahead Read More »
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