Bolivia, a South American country, has officially inaugurated the Mutun steel plant in Puerto Suarez, near the country’s border with Brazil, in a bid to reduce its dependence on metal imports. The $546 million megaproject was largely financed by a loan from the Export-Import Bank of China, further strengthening China’s economic and political influence in […]
Al Yamamah Steel Industries Company has agreed with the South Korean branch of Hyundai Engineering & Construction to supply steel towers for a 380 kV ultra-high voltage transmission line project in Saudi Arabia’s western region. In a statement to the Saudi Stock Exchange on Tuesday, the company announced that the contract is valued at 174.91 […]
Authentic Brands Group has announced a new partnership with Velocity Global Brands to relaunch Quiksilver’s women’s collection in the United States and Canada. Under the agreement, Velocity will oversee design, manufacturing, and distribution, with the collection debuting in spring 2025. Inspired by nature, adventure, and a free-spirited lifestyle, the line will feature high-quality, versatile, and […]
Masdar, the UAE’s leading clean energy company, is in discussions to expand its portfolio [1] of 24/7 ‘baseload’ green power plants. This move follows the successful launch of the world’s first large-scale project combining solar power and battery storage, capable of delivering uninterrupted renewable energy around the clock. The groundbreaking project, located in Abu Dhabi, […]
Oman is making significant strides in its renewable energy sector, with plans to launch ten new projects between 2027 and 2029 [1], targeting a combined capacity of around 2,300MW. This ambitious move is part of the sultanate’s broader efforts to diversify its energy mix and reduce reliance on fossil fuels, aligning with Oman Vision 2040, […]
Chemical management specialist Oeko-Tex has collaborated with traceability technology provider SPOOR to create a new transparency platform for the leather industry. By means of this collaboration, the two organizations will advance a data-driven methodology that permits complete leather product traceability down to the specific animal farm, establishing a new worldwide benchmark for ethical sourcing. This […]
ASOS has announced a major organisational restructuring to align its operations with its strategic goals and customer-centric approach to growth. CEO José Antonio Ramos Calamonte described the overhaul as a pivotal step, stating, “These changes represent an exciting new chapter for ASOS. By reorganising and focusing on our strengths, we’re better equipped to seize opportunities […]
