Ezz Steel sets share buyback price at $2.7mln after voluntary delisting Ezz Steel, the largest steel company in Egypt, has announced its decision to buy back shares from shareholders who object to or are unwilling to retain their ownership following the company’s voluntary delisting from the stock exchange for EGP 138.15 per share, as per […]
British Fashion Council (BFC) and Copenhagen Fashion Week (CPHFW) announced a new collaboration, joining forces to align their efforts to accelerate the industry’s sustainability actions across the Nordic and British fashion markets. Copenhagen’s basic standards include having a clear ESG plan and a diversity and inclusion policy for recruiting, utilizing preferred materials, and eliminating single-use […]
Anwar Hossain, the head of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has emphasized the need for fair pricing in promoting sustainability in the garment industry. He underlined that pricing decisions have a direct impact on worker welfare, especially given rising production costs caused by a variety of domestic and foreign issues. During a […]
Thyssenkrupp has planned its commitment to a €3 billion ($3.1 billion) green steel production site, indicating that the project could proceed even if Germany’s aspirations to establish a world-leading hydrogen industry fail. German opposition leader Friedrich Merz, who is widely regarded as a strong candidate for the chancellorship in next month’s election, Speaking on Monday […]
The United Arab Emirates’ state-owned renewable energy company, Masdar, has announced a groundbreaking $6 billion project [1] aimed at delivering reliable clean power. The project, unveiled during Abu Dhabi Sustainability Week, is designed to generate 1 gigawatt (GW) of uninterrupted renewable energy. Sultan Al Jaber, chairman of Masdar and UAE Minister of Industry and Advanced […]
Saudi Arabia’s ACWA Power has made a significant move into China’s renewable energy market with two major agreements worth $312 million [1]. These agreements mark a substantial step in ACWA Power’s global expansion strategy and highlight its commitment to supporting China’s clean energy transition. The first agreement involves a 132-megawatt solar photovoltaic (PV) portfolio in […]