DUBAI: Dubai Islamic Bank (DIB) announced on Nov. 14, 2025, that it has successfully priced a $1 billion debut Sustainability-Linked Sukuk. The five-year issuance carries a profit rate of 4.572% per annum. The sukuk marks DIB’s first use of a sustainability-linked structure, which ties the financial terms directly to the bank’s performance on pre-agreed…
EINDHOVEN: Signify, the world leader in lighting, reported a decline in third-quarter sales and profitability, prompting the company to lower its financial guidance for the full year due to a softer-than-expected U.S. market and ongoing challenges in its OEM component business. The company, known for its Philips lighting brands, announced third-quarter sales of 1.41…
ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase of its 300-megawatt renewable infrastructure pipeline in the United Arab Emirates. Construction has begun on the first 8 MW of capacity, with completion targeted for January 2026.…
Net loss widened to €8.4 million, impacted by increased operating costs and depreciation PARIS: Hoffmann Green Cement Technologies (ISIN: FR0013451044, Ticker: ALHGR), a pioneer in clinker-free cement innovation, reported an 8% year-on-year revenue increase for the first half of 2025, driven entirely by cement sales. The Company’s Supervisory Board reviewed and approved the half-year…
Group revenue rose 13% to £113.4 million, with organic growth contributing 7% LONDON: Alumasc Group (ALU.L), the premium sustainable building products and systems provider, reported a 9% rise in underlying profit before tax to a record £14.2 million for the year ended June 30, 2025, driven by strong organic growth and expanding export markets.…
SYDNEY: Hancock & Gore Ltd (H&G) said on Tuesday it had acquired UK-based schoolwear brand Trutex Group in an all-cash deal valued at approximately A$26 million, marking a strategic transformation into a global schoolwear business under the Schoolblazer Group banner. The acquisition, funded entirely from H&G’s balance sheet, brings together Trutex, Schoolblazer UK, and…
LONDON: Zegona Communications plc (LSE: ZEG) announced Monday that Vodafone Holdings Europe, MasOrange S.L, and global investor GIC Private Markets Pte Ltd have entered into a binding agreement to establish FibreCo, a new fibre network company in Spain. The deal activates a prior agreement signed in January 2025 between Vodafone Spain and MasOrange, aiming…
GreenRoc Strategic Materials plc (AIM: GROC), a company specializing in critical mineral projects in Greenland, announced a significant step forward with the signing of a Memorandum of Understanding (MOU) with Morrow Batteries ASA, a Norwegian firm focused on developing sustainable and high-performance lithium-ion battery cells. Alongside this MOU, GreenRoc has initiated the setup of…
Brazil is a country that is not only rich in natural resources, but also in its commitment to sustainability and environmental, social and governance (ESG) practices. According to a recent report by Information Services Group (ISG), a leading global technology research and advisory firm, Brazil is demonstrating leadership and innovation in its sustainability and…
ABU DHABI, UAE: Invictus Investment Company PLC (ADX: INVICTUS), a leading agro-food enterprise in the Middle East, Africa and Asia, announced its financial results for the 12 months ended December 31, 2023, with a revenue growth of 35% year-on-year to AED 8.1 billion – its highest annual revenue as a listed company. The company…