Latest news with #sustainable growth
Reuters
4 days ago
- Business
- Reuters
Private equity firm CAPZA buys minority stake in DI Environment
July 18 (Reuters) - Private equity firm CAPZA said on Friday that it had agreed to buy a minority stake for an undisclosed sum in DI Environnement, a French company specialising in environmental clean-up services such as removing hazardous material. CAPZA's acquisition highlights the potential growth in this sector as companies seek to develop buildings that use less energy and as governments try and clean up the environment. Consultancy firm Precedence Research forecasts that the global environmental consulting services market will increase to about $92.85 billion by 2034 from $46.67 billion in 2025. "We are pleased to welcome the CAPZA team on board as we embark on the next chapter of our growth journey. CAPZA's deep expertise and proven track record will be instrumental in accelerating our expansion and driving market consolidation. Together, we are confident in our ability to deliver sustainable growth and reinforce our position as the leading French player in de-pollution services," said DI Environnement CEO Hugo Rosati. DI Environnement had 2024 revenues of 110 million euros ($128 million). CAPZA's website says the company - which is part of AXA IM Alts ( opens new tab - has around 9.1 billion euros ($10.6 billion) of assets. ($1 = 0.8592 euros)
Malay Mail
6 days ago
- Business
- Malay Mail
Tengku Zafrul warns against poor trade deals as Malaysia continues US tariff talks
KUALA LUMPUR, July 16 — The government's negotiating position aims to ensure that any agreement reached supports the country's economic reforms and sustainable growth strategies. Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz said negative long-term outcomes are not what the public wants, nor what current and future taxpayers need. 'Catchy, feel-good headlines last a few days, a week at most. However, poor deals will have long-term consequences for our people, industries, and economy. 'Our objective is simple: we want to ensure that any agreement supports an open, rules-based and fair, multilateral trade, with the World Trade Organisation at its core,' he said in his keynote address at the International Healthcare Week (IHW) 2025, here today. The minister emphasised that any agreement should also safeguard market access, while recognising the need for emerging countries like Malaysia to develop sustainable supply chains and economies. 'Just like other countries, we value our economic ties with the United States (US). In 2024, total Malaysia-US trade rose nearly 30 per cent to RM324.9 billion (US$71.4 billion), with Malaysia being an important source for key products such as electrical and electronics (E&E) (+ semiconductors); machinery and equipment; rubber gloves, wood-based products and palm oil,' he said. As trade negotiations are a complex multi-stakeholder process, Tengku Zafrul said relevant ministries and agencies must be consulted to minimise conflict and ensure a smooth implementation post-negotiation. 'For context, the average duration for a regular trade negotiation is 18 months. For MITI, the fastest on record thus far is 11 months,' he said. Tengku Zafrul highlighted several red lines that the MADANI government will not cross in trade negotiations, including sacrificing the country's sovereignty or sidelining other trading partners in trying to close a trade deal. Meanwhile, he said Malaysia still has until August 1 to negotiate with the US regarding the 25 per cent reciprocal tariff imposed by the country thus far. He made this comment in reaction to Donald Trump's recent announcement regarding a 19 per cent reciprocal tariff on Indonesia, which has not yet provided any official statement on the issue. 'I have no further information regarding that (reciprocal tariff rate on Indonesia). What we know is based on the announcement made by the US president. We are now waiting to see what will be announced by the Indonesian side. 'As for Malaysia, we are still in negotiations. We have until August 1, so there is still time. What is important is that any negotiation must ensure mutual benefit for both countries,' he said. — Bernama
Zawya
14-07-2025
- Business
- Zawya
Kuwait eyes deeper financial sector engagement to support Vision 2035
AlShamlan: KFH remains committed to advancing sustainable growth and aligning with national priorities under Vision 2035 The role of Kuwait Finance House (KFH) in supporting sustainable economic growth, financial innovation and private sector development in line with Kuwait Vision 2035 was among the central topics of discussion during a recent strategic meeting between Khaled AlShamlan, Group Chief Executive Officer of KFH, and a senior delegation from Oxford Business Group (OBG), led by Andrew Jeffreys, the Group's Chief Executive Officer, and Cristina Mirica, Country Director for Kuwait. The meeting provided an opportunity for both parties to exchange insights on Kuwait's evolving financial landscape, with a particular focus on supporting national development priorities through knowledge sharing, responsible financial practices and enhanced stakeholder engagement. Discussions also explored the possibility of future collaboration in areas such as thought leadership, joint events, and market intelligence. In addition, the parties highlighted the importance of ESG principles, digitalisation and strong corporate governance in shaping a resilient and inclusive financial ecosystem. Khaled AlShamlan shared his thoughts with OBG that the meeting was aligned with KFH's broader commitment to enabling economic progress in Kuwait and strengthening engagement with strategic knowledge partners. 'KFH remains committed to advancing sustainable growth and aligning with national priorities under Vision 2035. Our discussion with Oxford Business Group reflects our interest in working with knowledge partners to support financial innovation, enhance market transparency and drive private sector development in Kuwait and beyond,' he said. Andrew Jeffreys, CEO of Oxford Business Group, said the meeting offered a valuable opportunity to exchange views on regional investment dynamics and future collaboration. 'We are pleased to have had the opportunity to meet with Mr. AlShamlan and his team at a time when Kuwait's financial sector is undergoing rapid transformation. KFH's leadership in ethical banking and innovation aligns well with the themes we are exploring in our research. We look forward to deepening our engagement with key stakeholders in the sector,' he noted. The meeting forms part of OBG's ongoing research for The Report: Kuwait 2025, which will analyse key trends and investment opportunities across the country's economy and will be in both printed and digital formats. The publication will feature insights from leading public and private sector figures, alongside data and analysis covering financial services, energy, infrastructure, and other priority areas. About Oxford Business Group Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on the world's fastest-growing markets, termed The Yellow Slice, in reference to OBG's corporate colour. Through its range of products – Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions. OBG provides business intelligence to its subscribers through multiple platforms, including its own verified subscribers and the ones of Dow Jones Factiva, Bloomberg Terminal, Refinitiv's Eikon (previously Thomson Reuters), Factset and more.
