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 ESG…
Volvo Group Venture Capital AB has joined Zacua Ventures Builders Fund I, L.P., a global venture capital fund that supports early-stage technology start-ups in the construction industry. The fund focuses on emerging technologies that can reduce carbon emissions and improve efficiency in the sector. Zacua Ventures was founded in 2022 and operates in North America,…
Lenovo, the global leader in smart devices and solutions, showcased its latest hardware and software solutions at MWC 2024, highlighting its focus on AI-driven innovation and commitment to a more sustainable future. These include: Lenovo also announced its dedication to the circular economy by innovating in the supply chain, product design, and services and focusing…
How Intel Xeon Next-Gen Processors and Intel Infrastructure Power Manager Software Boost 5G Core Efficiency and Sustainability Intel has announced two major updates to help network operators scale their 5G core networks with energy efficiency and lower TCO: the preview of Intel Xeon next-gen processors, code-named Sierra Forest, with up to 288 Efficient-cores (E-cores), and…
Electric vehicles (EVs) are on the rise in the Middle East and North Africa (MENA), with the market expected to reach US$7.65 billion by 2028, according to a recent study by Deloitte. This was the main topic of discussion at a high-level roundtable hosted by Sustainability Forum Middle East (SFME), a regional platform for net-zero…
LONDON, UK: Pandora, the world’s largest jewellery maker, reported an impressive 8% organic growth in 2023, beating its own guidance of 5-6%. The company attributed its success to its Phoenix strategy, which has transformed Pandora into a more sustainable, innovative and profitable brand. The Phoenix strategy, launched in 2021, involved investing in product development, marketing,…
MANAMA, BAHRAIN: Gulf International Bank (GIB) has successfully closed a $625 million sustainability-linked syndicated loan (SLL), making GIB the first Bahrain-headquartered bank and the first majority Saudi-owned bank to close such a facility. The deal was well received in the international markets and substantially over-subscribed with commitments exceeding the initial facility amount of USD 500…
DUBAI: Dubai Investments – the leading diversified investment company listed on the Dubai Financial Market [DFM] announced that it has enhanced its sustainable reporting by voluntarily publishing the ESG Report 2019, highlighting the Company’s sustainable practices and demonstrating its commitment to operating as a sustainable organization. The move is in line with DFM’s guideline encouraging…