Boehringer Ingelheim announces appointments to Board of Managing Directors

 INGELHEIM AM RHEIN, Germany - Tuesday, 20. December 2022


    Paola Casarosa appointed member of the Board of Managing Directors per July 1, 2023, with responsibility for the Innovation Unit per January 1, 2024.
    Shashank Deshpande appointed member of the Board of Managing Directors per September 1, 2023, with responsibility for the Animal Health Business Unit per January 1, 2024.
    Michel Pairet and Jean Scheftsik de Szolnok to retire at the end of 2023.

(BUSINESS WIRE)--Boehringer Ingelheim today announces that the Shareholders have appointed Paola Casarosa and Shashank Deshpande to the Board of Managing Directors. They will succeed Michel Pairet, responsible for the Innovation Unit, and Jean Scheftsik de Szolnok, responsible for the Animal Health Business Unit, who informed the Shareholders of their wish to retire at the end of next year.

Paola Casarosa will succeed Michel Pairet to head the Innovation Unit. Paola joined Boehringer Ingelheim in 2007 and is currently Global Head of Therapeutic Areas in the Human Pharma Business Unit. Prior to this role, she held various leadership roles in Business Development and in Research. Paola is an Italian national, holds a PhD in Molecular Pharmacology and a Masters’ degree in Medicinal Chemistry.

Shashank Deshpande will succeed Jean Scheftsik de Szolnok to head the Animal Health Business Unit. Shashank joined Boehringer Ingelheim in 2012 and is currently Country Managing Director Japan. Prior to this role he held several leadership and marketing positions in Japan and Ingelheim. A German and US national, Shashank holds a Masters’ degree in Business Administration.

Christian Boehringer, Chairman of the Shareholders’ Committee said: “Our long-term planning allows for a seamless transition. On behalf of the Shareholders, I want to thank Michel and Jean for their many years of dedication to our company and I congratulate Paola and Shashank on their appointments.”

Hubertus von Baumbach, Chairman of the Board of Managing Directors, added: “I am grateful for the long time that I have had the privilege to work with Michel and Jean and I look forward to continuing to work with them until the end of 2023. The Board is excited to welcome Paola and Shashank to the team later next year.”

The appointment to the Board of Managing Directors will be effective July 1, 2023 for Paola Casarosa and September 1, 2023 for Shashank Deshpande.

Click here for the full release: https://www.boehringer-ingelheim.com/about-us/boehringer-ingelheim-appointment-board-managing-directors

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20221220005424/en/

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Contacts

Contact person:
Médard Schoenmaeckers
Boehringer Ingelheim Corporate Affairs
Email: press@boehringer-ingelheim.com
 

EU Treasures hosts an exclusive event in Abu Dhabi

 

Abu Dhabi, United Arab Emirates 

An exclusive product presentation & live cooking Event aiming to showcase the use and benefits of European products, Krokos Kozanis PDO and Magiun de prune Topoloveni PGI - two of the most sought-after European spices, took place at Restaurant “Seventy Six” ADNEC, Abu Dhabi (Abu Dhabi National Exhibition Center) ) on 6 December 2022, at 5 pm .

During the event the participants had the opportunity to learn more about the delicious Krokos Kozanis PDO and the Magiun de Prune Topoloveni PGI and taste delicious plates base on these products to make them discover their unique flavors and superior quality.

The EU Financed campaign Discover European Treasures promotes the superior quality Krokos Kozanis PDO from Greece and the delicious Magiun de Prune Topoloveni PGI to consumers in Dubai and Vietnam.

Krokos Kozanis PDO is the world’s most expensive spice, is the dried red stigmas of the autumn-flowering crocus. It is known for its properties as a dye as for its unique and distinctively pungent, honey-like flavor and aroma.

Magiun de prune Topoloveni PGI is a concentrated paste made of fresh, homogeneous, viscous, easily spreadable plums, which is used in the diet of people of all ages - from the age of six months when the diet diversification begins), to diabetics, because has a low glycemic index (on the recommendation of the attending physician).

For those who would like to meet our products and the participant organizations visit our website: https://www.europeantreasures.eu/index.php/en/ or Follow us on Facebook: https://www.facebook.com/eutreasures and Instagram: https://www.instagram.com/eutreasures/

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Contacts

Melwyn Abraham

melwyn@matrixdubai.com

UAE is a stepping-stone to success and home to pioneering business set-ups

 “Unity Partners” offers services including company formation, visas for investors and skilled professionals, office spaces, and banking assistance.

 

The United Arab Emirates implemented an array of legislative measures to ensure foreign investors’ seamless entry into the market. The introduction of such policies may cause investors to hesitate to venture into their business journey.

 

Unity Partners, UAE’s leading business setup company, offers a wide range of tailor-made business solutions to those seeking a hassle-free and smooth entrepreneurial journey. With an international network of more than 36 experts with more than 15 years of experience in the industry, provides a wide range of services including company formation, banking assistance, legal advisory, asset management, visa services, tax and accounting services, as well as marketing, concierge, and insurance services.

 

Inna Klishchunk, General Manager at Unity Partners said: “In order to promote the development of the country's economy through the empowerment of foreign investors, Unity Partners seeks to leverage UAE's distinct advantage and its international reputation as a hub for business, investment, and innovation by providing investors with an expanding range of services suited to their needs.”

 

The UAE recently announced the Golden Visa, which allows foreigners to self-sponsor their UAE residency, and the Investor Visa, which entitles investors with a residency that varies in length from 3 to 5 years. To empower foreign investors, Unity Partners delivers various visa services to those who wish to obtain a residency while running their business operations in the country.

 

In Dubai, investors have a selection of multiple jurisdictions on which to base their businesses. To judiciously choose the appropriate jurisdiction, understanding the dichotomy between mainland and free zone companies is essential. This is where Unity Partners plays a vital role in not only educating investors on the distinction between the two but also guiding them through the process of selecting the most suitable company license that caters to their needs. After making that decision and obtaining their license from the concerned authority, investors can set up their business bank account with support and guidance from Unity Partners throughout the process of choosing their preferred bank account depending on their business activity and catering to their goals.

 

The company’s efforts are not limited to the steps taken to ensure a successful launch for start-ups, they extend beyond these borders to ensure these businesses flourish and grow in their journey.  “Our mission is to ensure that our clients thrive in the business world even after successfully launching, which is why we offer our clients state-of-the-art facilities consisting of office and specialized coworking spaces containing individual workstations, as well as necessary office resources such as printers, networking devices, and other amenities,” Klishchunk further stated.          

 

She concluded: “In line with our commitment to empowering businesses and assisting individuals and corporations based on international strategies, we have made our business set-up services simple, efficient, and transparent which gives business owners the opportunity to capitalize on them in order to meet their business goals.”

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Contacts

 

Micheline Macari

m.macari@saharapr.com

 

Industry Sector Boasts Highest Trading Volumes in Iraq Stock Exchange in November 2022

Dubai, United Arab Emirates - Wednesday, 21. December 2022

Following months of political turmoil within the country, and a much-welcomed recent shift towards stability, the Iraq Stock Exchange (ISX) saw a slight dip in the market in November. During the month of November, Rabee Securities Iraq Stock Exchange Index (RSISX Index), largely accepted as a benchmark index in the market, decreased by 4.3% in USD terms, both because the depreciation of Iraqi Dinar by 2.0% against the USD and the decline in share prices of Baghdad Soft Drinks  -5.3% and Asiacell -4.5% which were partially offset by the increase in Mansour Bank +12.5%.

The share price of Bank of Baghdad the largest weight in the index, was stable during the month which limited the decline in the index, as well.

Total trading volumes of the ISX decreased by 21% in November as compared to October 2022, down to USD 13.4 million. The industry sector reported the highest share in trading volume at 32.3%, followed by the banking sector (31.6% share), telecom sector (9.5% share), hotels & tourism sector (8.6% share), services sector (8.5% share) and agriculture sector (5.4% share). Foreigner shares in trading volumes decreased from 11.3% in October to 4.5% in November.

Mrs. Tugba Tan Karakaya, Analyst at the Research Department of Rabee Securities, commented, “Both the Industry and Banking Sectors played a major role in trading during November 2022, constituting roughly 64% in total trading. As the country continues to shift to a more stable geopolitical situation, we anticipate increases in demand on the ISX, in the upcoming first quarter of 2023.”

Three companies distributed dividends during November; Iraqi Islamic Bank (dividend yield: 5.8%), Baghdad Passengers Transport (dividend yield: 2.2%), and Middle East Producing & Marketing – Fish (dividend yield: 0.6%).

On a positive note, twenty-four companies’ share prices went up in November, of which 17 increased by more than 5%, while 13 increased by more than 10%. Fallujah for Construction Materials increased the most, spiking +78.6% during the month, followed by Modern Animal & Agricultural Production which increased by 43.8%.

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Contacts

Mohammed Al Barazenjey

+971557163727

mb@saharapr.com

Nothing appoints Rishi Kishor Gupta as Business Lead for the Middle East

 Dubai, United Arab Emirates - Wednesday, 21. December 2022 AETOSWire

The seasoned business professional will be instrumental in positioning Nothing strategically in the region’s consumer tech space

London-based consumer technology company Nothing, announced today the appointment of Rishi Kishor Gupta as Business Lead for its Middle East operations.

Rishi, a veteran in the consumer technology space with over 15 years’ of experience, will be responsible for driving growth in the highly-competitive market, and spearheading business development and operations for Nothing in the region.

With his vast experience in retail and international consumer markets, Rishi was instrumental in establishing Huwai’s operation and spearheading its strategic growth in the Middle East.

“2022 has been a milestone year for Nothing with the launch of our first smartphone, Phone (1), and reaching the one million products sold mark. As we are gearing up towards 2023, it is time for us to explore new markets” said Steven Gao, VP of Growth and Co-Founder of Nothing. “We are seeing a lot of opportunities in the Middle East and I am thrilled to welcome Rishi to the team as we are getting ready to accelerate our efforts there. With his proven track record and experience, he will play a pivotal role in our region’s growth.”

"I am very excited to be part of Nothing’s journey. It has been very inspiring watching Carl and the team make such a breakthrough in the industry over the last two years,” said Rishi Kishor Gupta, as Business Lead, Nothing Middle East. “Phone (1) has been one of the most anticipated smartphone launches of the year and I look forward to working with local partners so that people in the Middle East can get their hands on it.”

ENDS

About Nothing

Nothing is here to make tech fun again. To inspire creativity, and build the future together with their community. By creating an ecosystem of iconic and connected tech products, Nothing aims to bring artistry and passion back to the industry. Last summer, Nothing launched its first smartphone, Phone (1), which has been one of the most anticipated tech launches of the year and was recently awarded the most innovative design of the year by Time Magazine. To date, Nothing has sold over 1 million products across its Ear (1), Phone (1) and the recently launched Ear (stick).

Based in London, Nothing is a privately held company with backing from GV (formerly Google Ventures), EQT Ventures, C Ventures and other private investors including Tony Fadell (Principal at Future Shape & inventor of the iPod), Casey Neistat (YouTube personality and Co-founder of Beme), and Kevin Lin (Co-founder of Twitch).

To stay updated on all latest information, please follow Nothing on Instagram, Twitter, or visit nothing.tech and subscribe to our newsletter.

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Contacts

Melwyn Abraham

melwyn@matrixdubai.com

Dole Releases 2022 Sustainability Report, Outlining Its Sustainability Strategy and 2030 Goals

 DUBLIN - Wednesday, 21. December 2022

(BUSINESS WIRE/AETOSWire)-- Dole plc (NYSE: DOLE) announced today the release of its first sustainability report since the 2021 merger of Total Produce plc and Dole Food Company. Building on its historical achievements, this report sets out the organization’s refreshed sustainability framework and offers a new set of environmental, social and governance (ESG) goals through 2030.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221220005564/en/

The Dole Way, Dole’s sustainability framework, focuses on robust governance and three core pillars—For Nature, For People and For Food—covering environmental, ethical and social and nutrition related issues. These three pillars incorporate key areas identified as being most material to the impact of our business’ operations.

• For Nature: By committing to the Science Based Target Initiative, Dole plc places climate action at the forefront of its priorities along with water stewardship, biodiversity, waste management and packaging reduction and innovation.

• For People: Directly employing 38,500 people globally while partnering with third party growers worldwide, Dole is committed to being an employer of choice, supporting local communities and protecting human rights across its supply chains.

• For Food: Dole is committing to promoting healthy nutrition and improving access to fresh produce through partnerships and donations.

“Dole has built market-leading positions across a wide range of fresh fruit and vegetable segments by incorporating sustainability into their growth models,” stated Rory Byrne, Dole plc Chief Executive Officer. “As our climate is changing, we are focused on identifying the related risks, adapting to the effects on our operations and minimizing our own impacts. We also recognize and relish the special role we can play in improving people’s lives and the contribution Dole can make to promoting good health and wellbeing.”

The report also lays the foundation for the promotion of regenerative farming practices across Dole’s own operations as well as on associated farms which will support the business’ ambitious climate goals.

Highlights of the report include Dole plc’s:

• First global carbon footprint collection including measuring and managing scope 1, scope 2 and scope 3 emissions resulting in a reduction of 4% in Scope 1 and 2 emissions (2021 over 2020)

• Investment in Renewal Energy with two 2.8 megawatt wind turbines in Dole Fresh Vegetables in Soledad, California and installed new solar panel system at Belfast, Ireland site with a capacity of 120 kWp

• Recognition by American-Costa Rican Chamber of Commerce (AmCham) of Dole affiliate, Standard Fruit Company de Costa Rica S.A., for their innovative project "De la Mano con Dole." The project positively impacts the social development of employees and their families using the Business Multidimensional Poverty Index (bMPI) methodology which measures poverty beyond only per capita income - to include access to health, education, housing, work, social protection and 16 other key indicators.

Xavier Roussel, Dole plc’s Chief Marketing and Sustainability officer, stated, “Although fresh produce has a low environmental footprint in comparison to other food sources, there is still much to do to further decrease our impacts and adapt to the effects of climate change. We are addressing those challenges for the long term with likeminded partners along the supply chain. Our vertically integrated business model allows us to research much in our own operations before expanding to our associated farmers which is instrumental to lead change in the industry.”

Adding, “Caring for our most important resources: our people, the nature around us and the food we deliver to the world is our way to contribute to society and will set us up for continued success.”

To view the full Dole plc 2022 Corporate Responsibility & Sustainability Report click here or visit www.doleplc.com.

About Dole plc

A global leader in fresh produce, Dole Plc grows, markets, and distributes an extensive variety of fresh fruits and vegetables sourced locally and from around the world. Dedicated and passionate in exceeding our customers’ requirements in over 75 countries, our goal is to make the world a healthier and a more sustainable place. For more information, please visit www.doleplc.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20221220005564/en/

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Contacts

Media Contact:
William Goldfield
william.goldfield@dole.com
818-874-4647

Investor Contact:
James O’Regan, Head of Investor Relations, Dole plc
investors@doleplc.com
+353 1 887 2794

 

Shipsy Recognized in 2022 Gartner® Market Guide for Last-Mile Delivery Technology Solutions

 Shipsy, a leading SaaS-based logistics management provider, has been recognised as a Representative Vendor in the 2022 December Gartner Market Guide for Last-Mile Delivery Technology Solutions.

"The aspirations of many organisations to provide an Amazon-like experience combined with the continued evolution of unified commerce operations is driving many organisations to enhance their last-mile capabilities. These delivery capabilities were often not supported with the right technology solutions, resulting in inefficient processes and a less-than-optimal customer experience. Software vendors in the last-mile delivery market are responding to these business drivers by adding new and enhancing existing capabilities to their products, filling the gaps in the last-mile process that more mature transportation software solutions have," highlights the Gartner Market Guide for Last-Mile Delivery Technology Solutions.

"At Shipsy, we endeavour to empower our customers to unlock operational efficiencies in a rapidly changing delivery landscape. We are honoured with our recognition in the Gartner Market Guide for Last-Mile Delivery Technology Solutions. Through rapid technology innovation, Shipsy is helping businesses to be future-ready to address evolving last-mile delivery challenges and rapidly growing customer demands. Our platform plays a pivotal role in assisting businesses to unlock new revenue streams and identify cost-optimisation pockets while delivering superior customer experiences. This, in turn, is helping accelerate the growth of our customers," said Soham Chokshi, CEO & Co-founder, Shipsy.

The increase in e-commerce operations required businesses to adapt to the pace of quickly changing customer demands to remain competitive. LMD solutions enable organisations to automate and better manage the orchestration of the delivery process, providing capabilities to leverage their own fleet and extend their carrier networks (including courier and local fleets). This allows the shipper to provide more choices to the end consumers and better, faster or more sustainable service, depending on the carriers connected to the application.

Shipsy's last-mile solution automates delivery orchestration, drives logistics efficiencies through data and analytics, and makes deliveries more sustainable. It enables delightful delivery experiences with an auto allocation of orders, courier-partner management, dynamic en route order clubbing, live order tracking, driver app, and many other loaded capabilities that help manage SLAs efficiently.

Gartner Disclaimer:

Gartner, Market Guide for Last-Mile Delivery Technology Solutions, Oscar Sanchez Duran, Carly West, Nathan Lease,13 December 2022

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designations. Gartner's research publications consist of the opinions of Gartner's research organisation and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Shipsy:

Shipsy enables businesses worldwide to build a resilient, connected, agile, sustainable, and autonomous supply chain and logistics operations. Its smart logistics management platform empowers businesses to significantly reduce operating costs, lower carbon footprint, enhance customer experiences, boost delivery productivity, and drive seamless cross-border freight movement. Shipsy's 350+ team is based out of India, Dubai, and Indonesia serving 200+ customers across the globe. Shipsy tracks 650,000+ containers per month, procuring freight worth $150mn+ per month, and powers 60mn+ parcels per month. On a broader perspective, Shipsy has integrations with 64+ major shipping lines, 50+ third-party logistics companies, 300+ freight forwarders, 50+ customs agents, and a network of over 20,000 global shippers. To learn more about us, please visit www.shipsy.io.

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