Friday, December 30, 2022

Event in Dubai reveals the most sought-after European spices


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 International Centre for Culinary Arts - ICCA Dubai (Block 8 - King Salman Bin Abdulaziz Al Saud St - Al Sufouh - Dubai Knowledge Park – Dubai) on 7 December 2022, at 15.30 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: or Follow us on Facebook: and Instagram: .




Melwyn Abraham

Thursday, December 29, 2022

Obvious Technologies shares the top 3 trends to expect in 2023

 As the technology industry continues to grow its significance and dominance across the globe, an increasing number of companies are inclined to adopt digital transformation. The past year has witnessed massive growth in the landscape of technology in every aspect, and this will undoubtedly continue to flourish.

Obvious Technologies, a pioneering scale-up developing a Command & Control (C2) software suite for security and mission-critical organisations, has stressed addressing technology's power within public safety & security. The company has highlighted and demonstrated ways to leverage technological tools such as 3D Data Visualisation, Digital Twins, Artificial Intelligence (AI), and more.

“The UAE is a giant playground for innovation with an extremely high appetite for data and solutions within the public and private sectors. As the amount of data in the world increases, it will become physically impossible to keep track of everything manually. This is where using technologies such as AI and Digital twins will become a compulsion,” said Naoufal el Ouali, Co-Founder and CEO at Obvious Technologies.

As the market grows in 2023, businesses must align their strategies with new technology trends to maintain relevance and competitiveness in their respective sectors. Within the security space, organisations ought to expect the following trends:

TREND 1: The Development of Augmented and Virtual Reality

AR and VR will continue to expand as they provide unique capabilities enabling users to gain a cognitive aspect of the environment. People are looking for faster methods of extracting and understanding information, which is where these technological tools come in. 

One area to look out for is the metaverse — in 2023, there will be more immersive meeting environments where users can talk, brainstorm, and co-create. Metaverse technologies like AR and VR are being used for training and onboarding. Virtual Reality allows users to interact with the virtual environment, use their sensors, and see the city in a 3D holographic sense.

In attempts to keep up with the VR trends, Obvious Technologies have been exploring the added value of OODA, a new-generation integration platform and comprehensive PSIM, C2 software suite, into AR and VR for various applications. Incorporating these technologies into the OODA software suite will enable team collaborations in every role. This means that teams will be able to gain an immersive experience in real-time coordination across multiple sites and users. In the long run, this would be a great advantage for people working from remote locations.

TREND 2: Digital Twins

Digital Twins are a virtual simulation of real-world processes, which people can use to simulate, plan or manage all the data and see the “what ifs” In a safe digital environment building a bridge between the digital and physical worlds. With all the amount of data for users to organise, the 3D digital twins enable rapid decision-making by allowing users to understand past data for training purposes.

These can be used for airports, cities, public transportation and more. If decision-makers were looking to optimise their operations and quality of service in a specific area, 3D digital twins fed with planning and real-time applications’ data would help analyse and understand how to organise assets and resources more efficiently to achieve the global target and related KPIs. To put it in perspective, Digital twins would work like the game SimCity.

Digital Twins can assist users with limitless parameters, provided the users know what they’re looking for. “At Obvious Technologies, we plan on using our 3D Data visualisation capabilities to highlight our security assets, alarms and resources, along with IoT sensors and points of interest, with any necessary notes or social media mentions. The digital twins will help generate valuable information, such as upcoming events, the number of people in a building etc., worth visualising and sharing among key stakeholders,” said el Ouali.

TREND 3: Artificial Intelligence and Big Data

In 2023, AI will be everywhere, and the technologies have never been so powerful and explicit about delivering numerous scenarios and using cases. AI enables users to gather and analyse large amounts of data faster. The challenge is not only to generate AI-enabled data but to index, correlate and display consolidated information at the right time and to the right person. AI provides smarter analytics and faster decision support tools to operators.

As part of keeping up with the trends, Obvious Technologies will integrate multiple AI technologies providing a consolidated view in real-time to enable forensics applications to leverage data correlation and visualisation. These changes will enable decision-makers to access information quickly and easily to help them make judgments.

Obvious Technologies believe that integrating the new trends in the roadmap for 2023 will be key to meeting consumer demands. They intend to keep the DNA and core foundation to make our consumers’ lives easier. Simplifying human missions through intuitive user experience and a new generation of data visualisation, as well as being an open platform while consistently keeping up with the trends, is our fundamental way to progression.

Obvious Technologies assists users in integrating the latest technologies from their ecosystems (treated as raw data providers) and justifies data correlation, complex automated workflows, real-time actionable data display and consolidated view to enable decision-making.

About Obvious Technologies

Obvious Technologies is the editor of OODA, a new-generation integration platform and comprehensive PSIM, Command & Control, Coordination and Crisis Management software suite, leveraging the power of 3D Data Visualization. OODA helps mission-critical public and private organisations to make faster and smarter decisions offering immersive situational awareness, automating complex workflows, and sharing real-time actionable data with all stakeholders. Headquartered in France, Obvious Technologies has also developed a solid presence in the Middle East, with a regional headquarter in Dubai, UAE, an office in Doha, Qatar and a locally based team in Riyadh, KSA.



Melwyn Abraham

Moscow transforms into Christmas City

 Moscow's annual  ‘Journey to Christmas’ highlights Russian traditions in the most fairytale-like manner

Moscow kicks off the signature festive season event Journey to Christmas, which incorporates festive magical places, must-see dynamic destinations, decorations, lighting, traditional winter sports activities, and meeting Father Frost and Snegurochka, or the Snow Maiden. The festival will last until January 8.

The large-scale event is transforming the city: twinkling lights illuminate the streets, ice skating rinks and slides pop up everywhere, and there are shows with music, live performances and more for the whole family to enjoy, all venues filled with delicious food and holiday cheer. Activities take place not only in the city center but also in the distant boroughs. For many, the event marks the start of the festivities sparking that magic and holiday cheer in muscovites and the city guests young and old.

Travel across Russia in 2023

The major theme of the festival is traveling around Russia and getting to know the holiday traditions that are typical for different regions of the multinational country. The festival encourages the event guest to  get a taste of what the holidays look like in every region of Russia. With many holiday markets scattered around the city ready to welcome visitors to taste Russia’s national dishes and warming drinks, indulge in  local products and handicrafts from all around Russia.

With a return to travel, this holiday season is set to be extra special and extra busy. The UN named Moscow the best city in the world in terms of quality of life in its global cities ranking for 2022. Its beauty is undeniable, but in winter the city looks even more imposing, and Moscow is happy to invite everyone to share the festive joy.

Giving back to the community

Christmas is a time for giving. During the festive season, festival guests can surprise their loved ones by gifting them a New Year’s Miracle. The new years’ miracle can be won by taking part in the Kind Christmas Tree Campaign. The campaign calls for event guests to pick up a toy from the christmas tree and scan the QR code for more details, the donations from the campaign will be sent to a notable cause.


For more information please reach out to Vinci PR

Kindly email, Ilyana Zolotareva at

Please find media files here:

And check the video on the festivals YouTube channel:



Melwyn Abraham

Wednesday, December 28, 2022

AIT Worldwide Logistics Signs The Climate Pledge

ITASCA, Ill. - Wednesday, 28. December 2022 AETOSWire

Global freight forwarder recommits to reach net-zero carbon emissions by 2035

(BUSINESS WIRE) -- Supply chain solutions leader AIT Worldwide Logistics reaffirmed its commitment to protecting the environment as a signatory of The Climate Pledge. Co-founded by Amazon and Global Optimism, The Climate Pledge is a commitment signed by nearly 400 companies across 34 countries to reach net-zero carbon emissions by 2040—a decade ahead of the Paris Agreement’s goal of 2050. AIT aims to meet this goal even faster, by 2035.

“AIT is proud to reinforce our commitment to sustainability and join a community that will share knowledge, ideas, and best practices to combat climate change,” said AIT Executive Vice President and CIO, Ray Fennelly. “As a signatory of The Climate Pledge, we look forward to taking collective action to achieve net-zero carbon emissions by 2035, five years ahead of the pledge’s 2040 target. This goal not only aligns with our core values but will also create a better planet for our teammates, customers, partners, and the communities where we live and work—for generations to come.”

As a signatory to The Climate Pledge, AIT agrees to measure and report greenhouse gas emissions on a regular basis, implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies. The company also agrees to neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially beneficial offsets to achieve net-zero annual carbon emissions.

AIT developed its own environmental sustainability initiatives in alignment with the United Nations' Sustainable Development Goals, with an aim to support sustainable consumption and production and to combat climate change and its impacts. To achieve these goals, AIT plans to reach net-zero carbon emissions status by 2035, through both emission reduction practices and carbon offset purchases.

Internally, AIT teammates also oversee emissions, waste, and energy management processes and programs, including a companywide commitment to recycling and paper reduction. Additionally, AIT uses its transportation management system to track and measure carbon dioxide emissions down to the shipment level.

To download AIT’s sustainability report and learn more about AIT’s sustainability initiatives, visit

Learn more about The Climate Pledge at

About AIT Worldwide Logistics

AIT Worldwide Logistics is a global freight forwarder that helps companies grow by expanding access to markets all over the world where they can sell and/or procure their raw materials, components and finished goods. For more than 40 years, the Chicago-based supply chain solutions leader has relied on a consultative approach to build a global network and trusted partnerships in nearly every industry, including aerospace, automotive, consumer retail, food, government, healthcare, high-tech, industrial and life sciences. Backed by scalable, user-friendly technology, AIT’s flexible business model customizes door-to-door deliveries via sea, air, ground and rail — on time and on budget. With expert teammates staffing more than 100 worldwide locations in Asia, Europe and North America, AIT’s full-service options also include customs clearance, warehouse management and white glove services. Learn more at

Our Mission

At AIT, we vigorously seek opportunities to earn our customers’ trust by delivering exceptional worldwide logistics solutions while passionately valuing our co-workers, partners and communities.


Photos/Multimedia Gallery Available:



Matt Sanders

Public Relations Manager

+1 (630) 766-8300

800-669-4AIT (4248)

Paul Park, Former Director of Etisalat Digital Industries, Joins Milestone Systems as Regional Director, MENAT

Dubai, United Arab Emirates - Tuesday, 27. December 2022

Milestone Systems, a leader in data-driven video technology within and beyond security, recently announced the joining of Paul Park as the newly recruited Regional Director for the Middle East, North Africa and Turkey at the company.

Paul is an overachieving business professional with over 30 years of international experience across governmental entities, national security and public safety domains, and more. He has worked among the most prominent Digital Transformation players in the region. His areas of expertise include smart & safe cities, public safety, defence & security, command & control (C2) systems, mission-critical communications and so on.

He has a strong track record of developing and driving businesses and managing complex, large-scale, multi-vendor integration programs across the region.

As the Regional Director of MENAT for Milestone Systems, Paul will manage sales and operations across all MENAT countries.  He will also grow the business in terms of revenues and geographical footprint through working with and augmenting a strong Milestone team and an eco-system of established and new partners and customers.

“I’m excited to have become a part of Milestone Systems. I’m sure I can significantly contribute to their mission of enabling consumers to optimise their business processes through our open and independent IP video surveillance platform,” noted Paul. 

“With the growing demand for video management solutions in the region, we are delighted to have Paul on board with Milestone Systems. Someone with his level of experience in the region and the industry will make a great addition to the team,” said Jos Beernink, vice president for EMEA at Milestone Systems.

About Milestone Systems

Milestone Systems is a leading provider of open-platform video management software technology that helps the world see how to ensure safety, protect assets and increase business efficiency. Milestone enables an open platform community that drives collaboration and innovation in the development and use of network video technology, with reliable and scalable solutions that are proven in more than 500,000 installations worldwide. Founded in 1998, Milestone is a stand-alone company in the Canon Group.

For more information, visit For news and other press releases, visit our Newsroom.

Click here for information on Trademarks.



Melwyn Abraham

Tuesday, December 27, 2022

Hajj Expo Slated for January 2023, under the Patronage of Makkah Governor

Riyadh, Saudi Arabia - Tuesday, 27. December 2022

Bringing together +57 international delegations

Under the patronage of H.R.H Prince Khaled Al-Faisal, Advisor to the Custodian of the Two Holy Mosques and Governor of Makkah Region, the Ministry of Hajj and Umrah will be organizing ‘Hajj Expo 2023’ conference and exhibition, on 9-12 January 2023.

The four-day event is part of the Ministry's ongoing efforts to build an innovative ecosystem of services and solutions to better serve pilgrims at the Two Holy Mosques, while enhancing their religious and cultural experiences. It aims to create an integrated and sustainable ecosystem that improves pilgrims’ experiences, anticipate their future trends, and establish opportunities for further collaborations, agreements, and local and international initiatives.

H.E. Minister of Hajj and Umrah, Dr. Tawfiq bin Fawzan Al-Rabiah, said: “The conference will allow entrepreneurs, innovators, and researchers from more than 200 global organizations to share successful experiences, and brainstorm sustainable quality solutions designed to cater to pilgrims’ aspirations and needs. This reflects the unrelenting support dedicated by the Custodian of the Two Holy Mosques, and HH the Crown Prince to the Hajj and Umrah sector, in line with the Saudi Vision 2030.”

With delegations from over 56 countries, ‘Expo Hajj’ is expected to witness the signing of 400 agreements and partnerships. It will feature 10 keynote sessions, 13 panel discussions and ‘Hajj Talks’, as well as 36 workshops and related events and activities, notably the Islamic exposition and the ‘Hajj Hackathon’.

‘Hajj Expo 2023’ will be sponsored by several entities and companies, including Kidana Development Company, Elm, Al Wukalla Company, Catering Contractors Association, Muslim World League, Rua AlMadinah Holding, Motawifs Pilgrims for Southeast Asian Countries Co., Alrajhi Umrah, Dallah Albaraka Holding, Sadu Business Solutions, The Company for Cooperative Insurance (Tawuniya), and Saudi Arabia Railways (SAR), Saudi Public Transport Company (SAPTCO), Mohamed Yousuf Naghi Motors Co.,  Flynas, Saudi Al-Qaid Transportation Co., Alif Alif FM, High Point Technology Company,  and Casablanca Company for Hotel & Touristic Services Co. LTD.

The 2021 edition of the conference saw record numbers with +45,000 attendees and 115 commercial agreements. The second edition will feature a wide range of scientific sessions, workshops, and training programs, with several ministers of Islamic affairs, endowments and Hajj, ambassadors and consuls, and Hajj and Umrah operators from around the world.



Hussein Nasrallah

Monday, December 26, 2022

Ruler of Sharjah Approves the Emirate's General Budget at 32,240 Billion Dirhams AED for the year 2023

 The budget aims to achieve financial sustainability and enhance the Emirate's economic competitiveness. The 2023 budget is a budget for development and the development of government services in the Emirate of Sharjah

o Sharjah budget 2023 with expenditures of (32.2) billion dirhams, a decrease of (12%) from the 2022 budget.

o Salaries account for (28%) of the general budget.

o (35%) of the general budget for the infrastructure and capital projects sector in the Emirate.

o (34%) of the general budget for the economic development sector focused on development processes and economic competitiveness.

o (23%) of the general budget for the social development sector, in support of scientific, cultural and heritage services, stimulation of creativity, innovation and scientific research, ensuring an ideal healthy environment and promoting decent living.

o The budget reflected the interest of His Highness, the Ruler of Sharjah, in providing social support and assistance to those who deserve it in an effort to achieve welfare and social justice, constituting (13%) of the total general budget, with an increase of (5%) over the 2022 budget.

His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah approved the emirate’s general budget with total expenditures amounting to about (32.2) billion dirhams. The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the emirate. The process of this budget was based on strengthening the financial foundations to enhance economic competitiveness, cultural, scientific and tourism leadership, and strengthening government capabilities in facing global and regional challenges faced by global economies, including the state of inflation, high-interest rates and economic stagnation, which is certainly reflected in all countries. In light of this, the Sharjah government, using Its financial and economic tools are working hard to reduce the negative effects of these challenges on the financial and economic reality of the Emirate of Sharjah and to protect citizens, residents, companies and institutions operating in it. The government's general budget has adopted many goals, priorities and strategic indicators with an economic, social, scientific and cultural dimensions. Perhaps the most prominent of these goals is to promote investment in infrastructure and the rest of the economic activities, which enhance the emirate's competitiveness and the sustainability of its financial position and to provide social support in various forms and methods that serve citizens and work to meet different life needs and guarantees them social stability and economic well-being, which motivates them to give the best and contribute seriously and effectively in making the Emirate of Sharjah a scientific platform, a cultural platform and a tourist environment and distinctive economic and enhance its cultural, economic and financial status on the local, regional and international map. The budget has worked with its objectives and methodology to use and develop the best means and technologies that stimulate the economy, development and financial sustainability, as well as the growing interest in the resources and human energies of citizens and enhance their role in the processes of construction and sustainable development, which It seeks to achieve this budget during the fiscal year 2023. The budget worked to control and rationalize spending in areas that may not add value to the competitiveness and financial sustainability index, to stimulate the efficiency of managing government spending by government agencies in the Emirate of Sharjah. Therefore, expenditures decreased by (12%) from the 2022 budget, but without affecting the most important areas. These include employment, economic and social development.

His Excellency Sheikh Mohammed bin Saud Al Qasimi, Head of the Central Finance Department in Sharjah, indicated that the general budget of the Emirate has adopted many strategic and financial goals and priorities, which reflected the lofty directives of His Highness the Ruler of Sharjah and his comprehensive and renewed vision, as well as the directives of the Executive Council and the strategic vision of the Central Finance Department, which works to achieve the highest levels of financial sustainability and the efficiency of managing government financial resources and promoting the Emirate's competitiveness in various economic and social fields, infrastructure and support the capabilities of government agencies in providing government services according to indicators set by the performance budget applied in the Government of Sharjah, as well as strengthening strategic partnerships with the private sector and providing incentive packages that ensure them to continue advancing the wheel of growth, development and development for the Emirate, Developing techniques for financing the general budget in search of the best financing opportunities available internally and externally to ensure the financial sustainability of the government.

Sheikh Mohammed bin Saud Al Qasimi added: "The general budget for the year 2023 is a budget with two dimensions, which are a dimension of economic and social development and infrastructure, and the other dimension is strategic, represented in developing and strengthening the financial sustainability of the government, as it adopted strategic priorities in the field of stimulating the emirate's economy by granting discounts and reviewing In many service fees to reduce the cost of business for customers and investors, and the budget also focused on providing many developmental and social requirements to ensure the achievement of economic growth rates, which contribute to strengthening the role of Sharjah on the regional and global economic map, ensuring financial stability and improving the level of competitiveness of the Emirate by providing distinguished financial and strategic services and taking into account the level of providing an attractive environment for local and international investors, and providing a tourist environment in various fields, including cultural, heritage, therapeutic, scientific and recreational tourism, and that All data, indicators and results are within international financial standards in terms of inflation rates, sectoral spending and the rest of the macroeconomic indicators, as well as strengthening policy frameworks for controlling and rationalizing government spending.

Sheikh Mohammed bin Saud Al Qasimi said: "The budget reinforces the emirate's strategic direction in developing infrastructure in vital facilities and areas, preserving the environment and public health, and expanding the role of tourism in the emirate through tourism and service projects that were supervised by His Highness the Ruler of Sharjah, which have achieved and will achieve added value." for the Emirate as an effective station for tourism, scientific and cultural attractions, and laying the foundations for a promising investment environment, developing areas of investment in human resources and increasing employment opportunities, which is one of the strategic priorities of His Highness the Ruler of Sharjah, and working hard to support government agencies financially and provide all necessary financing requirements to enhance their capabilities in implementing their strategic and operational initiatives and projects. It also ensures the achievement of the best-distinguished services for citizens and residents in all areas of life per the best standards and practices that achieve the well-being and happiness of society, where Sharjah has a distinguished position on the global cultural, scientific and tourism map, in addition to the fact that Sharjah's attainment of this distinguished position is a result of the strategic vision of His Highness Sheikh Dr For cultural and civilizational creativity and other achievements that we are all proud of.

For his part, His Excellency Waleed Al-Sayegh, Director General of the Central Finance Department in Sharjah, stressed that at a time when the world is witnessing economic and financial developments that may be reflected in cases of financial and economic instability in many countries as a result of many international economic practices, including high inflation rates and an increase in interest rates, which may It leads to economic stagnation and limits the investment and financing capabilities of many international and local economies. The Emirate of Sharjah is a living and interactive part of the international and local environment. Therefore, the Sharjah government, through the general budget, has taken into account these challenges and is working also in two dimensions, it achieves financial sustainability and enhances economic competitiveness, in addition to working to provide social and employment requirements and needs, and enhances the government's capabilities in building and developing the emirate's infrastructure, as the process of implementing capital projects and initiatives continues. The 2023 budget has worked to provide a practical framework for implementing the directives and priorities of His Highness, the Ruler of Sharjah, for this budget to be the strategic tool that translates the vision and strategy of the government with a modern and developed perspective. Therefore, the process of preparing the budget has taken place in the light of preparing a long-term financial plan for the government, in addition to linking the general budget of the Emirate with many economic and social indicators, including increasing the level of development and improvement of the infrastructure of the Emirate, increasing economic competitiveness, and strengthening the role of the private sector through strategic partnerships to ensure that it continues to contribute to the economic development process. The budget also works to provide social support and provide job opportunities and adequate housing For families to enjoy stability, reassurance, and family solidarity, which His Highness the Ruler of Sharjah referred to on more than one occasion, and which represents an obsession for His Highness seeking to achieve a comfortable life and lasting prosperity for citizens and residents on the land of this smiling Emirate. In the same direction, the government has worked to diversify the sources of funding the budget to ensure financial sustainability of the projects and initiatives that His Highness the Ruler of Sharjah directs to implement in various economic, social, tourism, scientific and infrastructure sectors in a professional manner and in accordance with the best international standards and practices in this regard.


His Excellency Waleed Al-Sayegh indicated that the general budget decreased by (12%) compared to the 2023 budget, and the government continued to support the capital projects budget to ensure continuity in meeting the spending needs on these projects in 2023, and this budget constitutes (14%) of the general budget As for salaries and wages, they constituted (28%) of the general budget for the year 2023, and the same applies to operating expenses, which constituted (30%) for the year 2023 with a decrease of (4%) compared to the 2022 budget, as for the support and aid budget, it constituted about (13%) of the general budget and achieved an increase of (5%) compared to the 2022 budget, while the loan repayments and interest budget accounted for (13%) of the total budget. General Assembly for the year 2023, with an increase of (65%) over the 2022 budget, and this is an enhancement of the government's ability and financial solvency to pay all its obligations.

In general, and to enable the government to achieve its strategic and operational goals and initiatives, the Finance Department has worked to enhance the stability and financial sustainability of the government and work to enhance the efficiency of controlling government spending while working to meet the requirements of government agencies and improve their ability to meet development requirements and develop the level of rationalization of government spending.

The process of classifying the budget on the basis of economic sectors is one of the most important tools that reflect the strategic direction of the government. The infrastructure sector ranked first among the sectors of the general budget, constituting 35% of the total general budget for the year 2023, and this reflects the exceptional interest of the government in developing infrastructure. For the Emirate as the main pillar of the development and sustainability process and attracting foreign and local investments in all vital sectors.

While the economic development sector comes in second place in relative importance, as it constituted about (34%) of the total general budget for the year 2023, with an increase of (1%) over the budget for the year 2022. As for the social development sector, it came in third place, as its relative importance constituted about (23%). %) of the total public budget for the year 2023, in order to provide the best services, support and assistance to citizens and residents of the Emirate. While the relative importance of the government administration, security and safety sector constituted about (8%) of the total general budget for the year 2023.


As for the government’s general revenues, at a time when these revenues constitute the main source of financing the general budget, as the government has taken an exceptional interest in developing these revenues, improving collection efficiency, and developing smart and technical tools and methods that enhance this trend, and it is clear from the analysis of public revenue trends, that operational revenues (69%) of the total revenue budget for the year 2023, with an increase of (11%) over the operating revenues for the year 2022, while the percentage of capital revenues reached (11%) for the year 2023, as for tax revenues, they constituted about (10%) of total public revenues, with an increase of about (48%) over tax revenues for the year 2022, and in the same direction, customs revenues accounted for (4%) ) and an increase of about (4%) over customs revenues for the year 2022, while oil and gas revenues constituted about (6%) of the total revenue budget for the year 2023, with an increase of about (96%) compared to oil and gas revenues for the year 2022.



Mohammed Al Barazenjey


Hikma and Junshi Biosciences sign exclusive licensing agreement for cancer treatment drug toripalimab for the Middle East and North Africa region

 Hikma Pharmaceuticals PLC (Hikma), the multinational pharmaceutical company, today announces a new exclusive licensing and commercialization agreement with Junshi Biosciences, an innovation-driven biopharmaceutical company, for toripalimab in the Middle East and North Africa (MENA). Under the terms of the agreement, Hikma has an exclusive license to develop and commercialize toripalimab injection in all its MENA markets. In addition, Hikma has the right of first negotiation for the future commercialization of three under development drugs in MENA.

Toripalimab is an innovative anti-PD-1 monoclonal antibody approved for marketing in China for six indications to date. Over thirty toripalimab clinical studies covering more than fifteen indications have been conducted globally, including in China, the United States, Southeast Asia, and Europe. Ongoing or completed pivotal clinical studies evaluating the safety and efficacy of toripalimab cover a broad range of tumor types including cancers of the lung, nasopharynx, esophagus, stomach, bladder, breast, liver, kidney and skin, among others.


“We believe Hikma is the ideal partner for us in the MENA region. As the third largest pharmaceutical company in MENA, with a history of more than 40 years, Hikma is well established and respected and offers deep-rooted expertise, with unparalleled local knowledge. The company has also demonstrated strong commercial capabilities, particularly in areas such as oncology and biotechnology,” said Dr. Ning LI, CEO of Junshi Biosciences. “We anticipate that toripalimab could be the first marketed Chinese anti-PD-1 antibody in MENA. We look forward to working closely with Hikma to establish toripalimab’s position in the MENA markets in order to provide patients with high-quality innovative care.”


Commenting on this landmark agreement, Mazen Darwazeh, Hikma’s Executive Vice Chairman and President of MENA, said: “Anti-PD-1s have changed the way cancer is treated over the past few years but, unfortunately, patient access to these treatments in the region has been sub-optimal. Toripalimab has a compelling clinical profile with impressive efficacy and safety data, and we are thrilled to be collaborating with Junshi Biosciences to equip doctors and patients in MENA with this innovative treatment.” He added, “This agreement strengthens our biotech and oncology portfolio and enables us to increase patients’ access to PD-1s, an important milestone in delivering on our purpose of putting better health, within reach, every day.”


As part of this collaboration, Hikma has acquired rights to commercialize any combination product that comprises any therapeutically active pharmaceutical agent co-formulated or co-packaged with toripalimab. Hikma has also acquired exclusive rights of first negotiation to three of Junshi Biosciences’ novel oncology molecules.



Hikma Pharmaceuticals PLC

Mona Abdallah

Senior Director, MENA Communications


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:


View source version on



Contact person:
Médard Schoenmaeckers
Boehringer Ingelheim Corporate Affairs

Friday, December 23, 2022

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: or Follow us on Facebook: and Instagram:



Melwyn Abraham

Thursday, December 22, 2022

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.”




Micheline Macari


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%.



Mohammed Al Barazenjey


Wednesday, December 21, 2022

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.”


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 and subscribe to our newsletter.



Melwyn Abraham

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:

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

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

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Media Contact:
William Goldfield

Investor Contact:
James O’Regan, Head of Investor Relations, Dole plc
+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


Webhelp Reflects on Key Year for Global Growth and Looks Towards Continued Investment in People and Technology for 2023

(BUSINESS WIRE) -- Webhelp, a leading global customer experience BPO player, has announced that this year it has achieved its highest global growth since inception, with operations now spanning more than 60 countries and with close to 125,000 people employed globally. Webhelp also won more than 50 industry awards this year, was recognized as a leader in the Gartner Magic Quadrant for Customer Service BPO, and earned top ratings in Customer Experience globally by Analyst Everest Group.

Across the year, Webhelp expanded in 24 new locations and six new countries – Thailand, Bosnia Herzegovina, Ghana, Israel, North Macedonia, and China – with a further 18 new site openings in existing locations across the United States, Latin America, Asia Pacific, and Europe, Middle East and Africa. Webhelp also experienced very strong client growth in 2022, onboarding over 240 new logo clients across the world, and welcoming more than 25,000 game-changers to the company. In line with increased demand, Webhelp continued to bolster hybrid and remote working through its Webhelp Anywhere proposition to deliver ultimate flexibility and scalability to clients and meet evolving employee work preferences.

“Growth is a team sport, and every single one of our people has had a part to play in this extraordinary year for Webhelp. We pride ourselves on the stellar work our game-changers deliver on behalf of our clients and look forward to continuing this trend in 2023, investing further in tech and people, to continue to provide the best possible solutions to our clients and their customers,” said Olivier Duha, CEO and Co-Founder of Webhelp.

Webhelp successfully completed a number of notable acquisitions and strategic investments, including the acquisition of Grupo Services in LATAM, the leading Brazilian providers of digitally enabled Customer Experience. In EMEA, Webhelp also joined forces with Uitblinqers to strengthen its position in the Dutch market and made additional investments with Gobeyond Partners, with the creation of a Nudge practice – a strategic unit that leverages behavioral economics to help organizations drive the best possible outcomes, through influencing customer behaviors.

“The past few years have taught us that connection and humanity are more important than ever. I’m incredibly proud to be at the helm of a fast-growing company that is leading the way in tech-enabled, human-centric Customer Experience,” continues Olivier Duha.

Webhelp has also been focusing on strengthening its sustainability and environmental social governance (ESG) practices. 12% of its workforce have been hired via an award-winning impact sourcing program, which includes hiring disadvantaged youth, reintegration initiatives to help female prisoners get into work, and an ecosystem that supports migrant and refugee employability. This year, Webhelp also partnered with SGS, the leading certification company, on a long-term initiative to safeguard frontline health and well-being.

Webhelp’s growth strategy underpins its desire to serve as a strategic blue ocean partner, leveraging a combination of global reach and hyper local expertise to unlock new value for its clients. Webhelp’s solutions and services are designed to be relevant and valuable for both digital native clients and businesses seeking to transform CX and drive strategic value and differentiation from it.

In 2023, Webhelp will continue its strategic growth, expanding further in new and current key locations across the world, including APAC, EMEA, and the Americas, as well as investments in people, technology, and innovation.


About Webhelp

Webhelp designs, delivers, and optimizes unforgettable human experiences for today’s digital world – creating game-changing customer journeys. From sales to service, content moderation to credit management, Webhelp is an end-to-end partner across all B2C and B2B customer journeys. Its over 110,000 passionate employees across more than 60 countries thrive on making a difference for the world’s most exciting brands. Webhelp is currently owned by its management and Groupe Bruxelles Lambert (Euronext: GBLB), a leading global investment holding, as of November 2019. For more information on Webhelp, visit


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Abigail Blackburn – +31 651634328,


Hollie Abbott – +44 7787975126 -


Working on making hybrid work, work

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

Poly rolls out a report that shows the importance of corporate culture in boosting employee productivity and reducing turnover


Poly, launched the ‘Hybrid Heaven Or Hell? The Journey To Hybrid Working’ whitepaper touches on the importance of reshaping the corporate culture for organizations to succeed in hybrid work.

Office settings, design, and technology have received a lot of attention. However, the hybrid working culture is a critical element to be taken under consideration so that organizations can overcome roadblocks that will put the success of hybrid working at risk.

According to a recent Gartner survey 76 per cent of HR leaders now believe that hybrid work undermines employees' sense of belonging to the company's culture.

Organizations often closely link presenteeism and office presence to productivity, making it a contributing factor to the hiccups witnessed in hybrid solutions, stated the Poly research.

Remodeling the 9-5 hell of the olden days into modern-day heaven

According to the research, while organizations have the right technology and office design in place, most of them have not implemented a culture that will be able to complement the amenities as it takes a lot of work and intentionality. Naturally, only one in four hybrid workers surveyed by Gartner felt connected to their company's culture, leaving ample space for high turnover.

Creating a successful hybrid culture is essential to achieving successful hybrid working methods. According to Poly's research, individual desks occupied an average of 65% of office space before the pandemic. It is anticipated that this would decrease to around 40%, if hybrid models are applied strategically.

The research also stated that in order to build a proper hybrid work culture, it is essential that the appropriate technology must be used to support the appropriate spaces. Additionally, asynchronous communication must be considered when teams are physically meeting less frequently and may be dispersed across different time zones, even though digital equity in synchronous meetings is crucial.

Mental remodeling: reshaping the organizational culture

Relearning the expectations for work and the workplace is an essential step in rebuilding the culture for hybrid working. It is crucial that organizations share a unified vision and direction that goes beyond the strictly tactical to take a firm stance on the hybrid culture so that employees know what they can rely on is necessary to bring about this kind of change.

It is necessary to reorganize face to face gatherings around goals and concrete outcomes, to be more purposeful in promoting network building, and to establish precise, evidence-based standards for when people should come in and when they might work from home.  Leadership should take center stage when a clear vision needs to be established, stated the Poly research.

Applying change from top to bottom

The research identified that in order for hybrid work solutions to succeed, the CEO and C-Suite need to communicate it with the organization, emphasizing their role in the company culture and how changing culture will involve both a top-down and bottom-up strategy.

While the study highlighted that leadership plays a key role in culture setting, it also depicted that a strict set of granular rules may not succeed, especially in workplaces where employees feel like they have some degree of control over their working lives for the first time.

In order for teams to successfully handle hybrid work, leadership and support from top managers must be matched with a certain amount of team empowerment.

You can read the full paper ‘Hybrid Heaven or Hell? The journey hybrid working’ here.

About Poly

Part of HP’s portfolio of hybrid work solutions, Poly creates premium audio and video products so you can have your best meeting – anywhere, anytime, every time. With Poly, you'll do more than just show up, you'll stand out. For more information visit  



Matrix PR

Melwyn Abraham 

Forbes Names Bacardi Among “World's Top Female Friendly Companies”

 HAMILTON, Bermuda - Saturday, 17. December 2022

Bacardi Continues its Commitment to Unleash Potential of Current and Future Female Talent

(BUSINESS WIRE) -- Bacardi, the world’s largest privately held spirits company, is toasting to being recognized by Forbes as one of the World’s Top Female-Friendly Companies. The prominent list and results are based on an independent survey of approximately 85,000 women working at multinational institutions in 36 countries.

Women in Leadership is among the key pillars of the company’s Belonging program, which strives to create a space where everyone is treated fairly and provided equal opportunities. Belonging at Bacardi is a global movement focused on creating programming, development opportunities and more in support of underrepresented groups in the spirits world.

Intending to unleash the potential of current and future female leaders at family-owned Bacardi, the company offers several programs to support personal and professional development. A global mentorship program links women to leaders and allies across markets and functions. In just six years, participation in the mentorship program has increased ten-fold and expanded from a single market to having participants in more than 32 countries. Internal and external programming connects Bacardi to its local communities and guest speakers who share their personal growth stories and tips for managing a more balanced life. Throughout the years, the company has produced several events and development programs crafted for women in the hospitality and spirits industry.

“We are incredibly proud for Bacardi to be recognized by Forbes as a great workplace for female talent and to continue support of women within the company and our industry,” says Leila Stansfield, Global Belonging Lead and Head of Global Travel Retail for Bacardi. “We recognize that creating a sense of Belonging for all inspires an inclusive and diverse culture, creating a strong foundation for ongoing innovation, impactful business and effective organizations.”

In the global annual engagement survey, women and men rated dimensions of workplace satisfaction, wellness, DEI, and other core topics, similarly, demonstrating best-in-class engagement levels across both genders at Bacardi.

“This is a milestone in our Belonging journey at Bacardi – one which continues as we always strive to do more and we look forward to expanding our work in support of women,” says Scott Northcutt, SVP Global Human Resources and Executive Sponsor for Belonging for Bacardi. “We aim to create a workplace where everyone feels appreciated for who they are, what they do, and who they can become.”

Last year, Bacardi made the Forbes World’s Best Employers list and has been certified Great Place to Work® in more than 50 sites.

In partnership with Statista, Forbes set out to identify the 400 companies excelling in championing women at work. The honorees offer competitive pay, substantial career advancement opportunities, and flexible work arrangements that experts agree are important in correcting gender inequities.

About Bacardi

Bacardi Limited, the largest privately held spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi Limited brand portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, GREY GOOSE® vodka, PATRÓN® tequila, DEWAR’S® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSON’S® Scotch whisky, ST-GERMAIN® elderflower liqueur, and ERISTOFF® vodka. Founded over 160 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs more than 8,000, operates production facilities in 10 countries, and sells its brands in more than 170 countries. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit or follow us on Twitter, LinkedIn, or Instagram.


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Jessica Merz


The World AI Cannes Festival Returns for Its Second Edition in Cannes (France)

 PARIS - Friday, 16. December 2022

February 9th to 11th, 2023

(BUSINESS WIRE)--On February 9th to 11th, 2023, the city of Cannes, in south of France, will once again become the world's nerve center for Artificial Intelligence (AI) during the World AI Cannes Festival, the first global event dedicated exclusively to AI, to the tech leaders who are innovating in it, and to the economic, human and societal issues that will impact our lives in the near future.

A second edition with a rich program

The Festival 2023 edition will be composed of several thematic zones, allowing to discover artificial intelligence in all its faces. Each zone will host companies and AI players introducing their solutions and offering demonstrations and immersive experiences. For the second edition, the thematic zones will focus on the new applications of artificial intelligence in robotics, gaming, catering, sports and well-being.

This new edition will also see the attendance of some countries through international pavilions (Switzerland, Scandinavia, Italy, Korea, Israel, Canada). An opportunity for visitors to take a world tour of Artificial Intelligence and discover the startups that will disrupt the future of the Tech sector. The world's leading universities and the best researchers on Artificial Intelligence will also be present at the Festival.

First renowned speakers to be featured at WAICF 2023

With two months to go before its opening, the WAICF is announcing some of the first headliners among many national and international speakers, coming from professional circles, research or public authorities:

    Chad ARONSON, Global Head of Intelligent Automation COE, UBER,
    Oren ETZIONI, CEO, Allen Institute for AI,
    Lila IBRAHIM, Chief Operating Officer, DEEPMIND,
    Luc JULIA, Chief Scientific Officer, RENAULT,
    Yann LECUN, Vice-President and Chief AI Scientist, META AI,
    Alberto PRADO, Vice-President, Global Head of Digital & Partnership, R&D, UNILEVER
    Stuart RUSSEL, Professor of Computer Science and Michael H. Smith and Lotfi A. Zadeh Chair in Engineering, UNIVERSITY OF CALIFORNIA, BERKELEY
    Miriam VOGEL, President & CEO, EqualAI,

More than a hundred speakers are expected for this new edition with an overview of AI in all its diversity through 5 categories of conferences:

    AI FOR SOCIETY: understanding the benefits of artificial intelligence for society, the planet, and the challenges that lie ahead.
    AI TODAY AND TOMORROW: explore what AI can do today to imagine what future innovations will bring to society and organizations tomorrow.
    AI STRATEGY: gain key insights to improve your AI strategy and take your business to the next level.
    AI TECHNOLOGY: learn how to make the best use of different AI technologies and train your innovation mindset with high-level speakers.
    AI APPLICATIONS: get an overview of the advances AI can bring to organizations, with focuses on different industries.

Press accreditations
To apply for your accreditation for the WAICF, please contact the PR team at

About the WAICF
The World AI Cannes Festival was born out of the desire to bring together businesses and individuals in Artificial Intelligence. Through a rich and diverse line up, attendees are invited to discover and understand the many ways in which artificial intelligence impacts our daily lives. The World AI Cannes Festival also presents a unique opportunity for businesses to be exposed to innovative ideas, novel information, and new findings. Businesses will be called to showcase their knowledge and experiences as well as to network with leading industry players and decision makers.


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Press contacts:
Agence Profile
Jennifer Loison +33 6 10 22 52 37
Shérazade El Houari +33 6 22 35 69 79

Prasad Corp to Partner with Cube-Tec International

 Will exclusively represent QUADRIGA technology in some of the world’s largest archival markets

(BUSINESS WIRE) -- Prasad Corp, the world leader in film preservation, digitization, and restoration, has formed a strategic partnership with Cube-Tec International, Germany and will exclusively represent Cube-Tec’s QUADRIGA technology in some of the world’s leading and largest archival markets, including North America and India.

Cube-Tec develops integrated solutions for large media archives and is a pioneer in quality control media workflows for Film and Video. QUADRIGA enables the sustainable safeguarding of large film collections. It offers the possibility of digitizing film material in its original state in mezzanine quality.

Prasad will continue to consult, advise and provide global archives with its full spectrum preservation solutions, which are a unique combination of technology and services, thereby enabling archives to #preserve4posterity.

“As the global markets return to normalcy, global archives are increasingly looking for intelligent archival solutions driven by the latest technologies to preserve their valuable assets. I am very excited to share with you this strategic partnership with Cube-Tec which I believe will be a great value-add to our customers, viz, Archives, Content owners, Content aggregators, and the like, worldwide,” says Saiprasad, Director - Prasad Corp.

“Providing Digital Twins for complete film collections without the time-consuming prep work is a breakthrough technology. Combined with the automation of labour-intensive film inspection and reporting, INSPECTIONscan users can make fact-based preservation decisions for each film reel with minimal effort. The strategic partnership with Prasad will enable more archives to benefit quickly from this new technology,” Jörg Houpert, Head of Technology - Cube-Tec International.

About Prasad Corp:

Prasad Corp offers a comprehensive range of preservation, digitization, and restoration services globally. As the proud owner of Digital Film Technology GmbH, a manufacturer of Motion Picture Film Scanners, Prasad is uniquely positioned to offer convenient, strategic, and wholesome preservation services to its customers both onsite and offsite.

For more visit –

About Cube-Tec International:

Cube-Tec International develops integrated solutions for large media archives. As a pioneer in quality control of media workflows, the company focuses on open standards and agile process automation. Cube-Tec benefits from a great deal of experience with large-scale media digitization projects.

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Prasad Contact:

Prasad Corporation

Ravindran Viswanathan

GM – Marketing

Cube-Tec International:

Tom Lorenz

Managing Partner


Andersen and The University of San Francisco (USF) Expand Partnership to Create New Enterprise MBA Program Especially for Andersen Employees

 Tightly-aligned corporate/educational partnership designed to meet the professional development needs of Andersen’s global workforce

(BUSINESS WIRE)--Andersen — the leader in tax, valuation, financial advisory, and related consulting services — and The University of San Francisco (USF) have extended their partnership to create The Enterprise MBA program, in which eligible Andersen employees can earn an MBA in three to five years, fully-funded by Andersen on behalf of its employees. Modeled after the USF Masagung Graduate School of Management’s rigorous Part-Time MBA offering, the new program offers a standard MBA curriculum with courses tailored to address the specific professional development needs of Andersen employees in today’s complex, global business environment.

The new program is available to employees of Andersen member firms and collaborating firms, starting with U.S. employees and rolling out worldwide in 2023. Full- and part-time Andersen employees from senior associates to partners — regardless of tenure — are eligible for the program. Participating students must take three to four courses per year, delivered online and asynchronously, to complete the program requirements in five years. The first cohort of nearly 50 students started the pilot program in June 2022. USF welcomed 14 new Andersen students to the program in November 2022 and is targeting another 25-50 for January.

“Andersen strives to be the best professional services firm in the world and this new program is consistent with our dedication to continuous professional development and stewardship,” said Mark Vorsatz, CEO of Andersen. “To be the best in our industry, we have to attract and retain the best talent — that’s why we’re so committed to investing in our people. Working closely with the innovative educators at USF, we’ve built a customized program that reflects and enhances the work Andersen employees do on behalf of our clients every day. As the program grows, we expect it to be a unifying employee experience across our practice areas and global offices.”

Andersen’s offering is unique in the degree to which the firm was involved in course development, and the fact that the program is global in nature, fully funded by the firm, and does not have any kind of clawback, should employees enrolled in the program choose to leave the firm.

“Andersen’s culture is what keeps us together and what sets us apart,” continued Vorsatz. “Our investment in our people at all stages is just one component of how we are building and maintaining that culture.”

A Customized MBA to Meet Andersen’s Business Needs

Andersen and USF’s Masagung Graduate School of Management worked together to create a customized program, including content, delivery, modality, structure and timing, and even jointly creating a special elective class on the importance of company culture. In addition, in certain classes, Andersen senior staff can serve as adjunct professors to aid in instruction. Three trimesters of courses are offered each year: from early January to mid-to-late February; from early May to the end of August; and from early-November to mid-December. Given Andersen’s tax-centered business, program courses are offered outside of the busy tax seasons between March 1 and April 15 and between September 1 and October 15.

“This a truly unique and collaborative program and the close partnership between USF and Andersen sets a new standard for the future of corporate education,” said Otgo Erhemjamts, Dean of the School of Management at USF. “It demonstrates how educational institutions and companies can come together to address skill gaps and prepare organizations and their personnel for the rapidly evolving business world.”

Andersen and USF started their collaboration in 2014 when the organizations first partnered to provide Andersen personnel the opportunity to earn a Master of Laws in Taxation (LLM) or a Master of Legal Studies in Taxation (MLST) from the University of San Francisco School of Law. To date, more than 120 employees from 11 countries have graduated from those programs.

"The University of San Francisco, founded by the Jesuits in 1855, has long worked with the business community in and beyond the City to strengthen their talent pool,” stated USF President Rev. Paul J. Fitzgerald, S.J. “Our work with Andersen has been a terrific iteration of this work. The alignment of our cultures makes this excellent teaching/learning experience possible. We are especially grateful to Mr. Vorsatz for envisioning this dynamic partnership."

Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 13,000 professionals worldwide and a presence in over 390 locations through its member firms and collaborating firms.

About the USF School of Management

Founded in 1925, University of San Francisco’s School of Management is on the forefront of educating the next generation of conscious, mindful business leaders. Each year those students join the over 40,000 School of Management alumni around the world to create ethical and innovative change in the private, public, and non-profit management sectors. The School of Management is accredited by the Western Association of Schools and Colleges Senior College and University Commission (WSCUC) and the Association to Advance Collegiate Schools of Business (AACSB).


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Megan Tsuei
Andersen Global

Tuesday, December 20, 2022

CD Capital Natural Resources Fund II Monetization of Lundin Gold for C$130.7 Million

LONDON - Tuesday, 20. December 2022

(BUSINESS WIRE) -- CD Capital Natural Resources Fund II ("CD Capital”) successfully monetizes its long-term investment in Lundin Gold for a total consideration of C$130.7 million.

CD Capital is proud to have been the first institutional investor back in 2014 to support the acquisition financing of the now-growing and cash-flowing top-tier gold producer in Ecuador, Fruta del Norte. The purchase proved to be transformative for the company and a strong catalyst for its growth, confirming CD Capital's vision in supporting the leadership of the Lundin Group and the Fruta del Norte project, which has proven to be a world-leading, low cost and expanding gold operation.

Founder & CEO of CD Capital, Carmel Daniele, noted the eventual monetization of the fund’s long-term holding in Lundin Gold, as part of the fund's normal course of business and mandate terms, delivering not only multiple returns to investors, but supporting the high standards of social and environmental governance whilst unlocking a new resource rich region for investment, such as Ecuador. This vision is well exemplified at Fruta del Norte. "Over the last 8 years, we have seen Fruta del Norte deliver time and time again. It has been a truly spectacular investment for CD Capital Fund II’s investors and a fulfilling journey to have seen the transition of Fruta del Norte from an advanced development project into a cash flowing mine, which has transformed people’s lives for the better in the neighbouring communities and for future generations. We look forward to the opportunity of partnering up on similar world-class projects led by top tier management teams with a strong proven track record, such as the Lundin Group, through the combination of our long-term patient institutional capital and our sector expertise to unlock value from exciting future projects in the pipeline.”

Chairman of the board of Lundin Gold, Jack Lundin, commented, "We are grateful for the long-standing support from CD Capital, who proved to be a catalyst for garnering institutional finance for the original acquisition of Fruta del Norte from Kinross in 2014. I would also like to extend a special thanks to CD Capital’s Founder & CEO, Carmel Daniele, for her continued valuable contributions as a Board member of Lundin Gold. It has been an amazing journey and we will continue to unlock more value from this fantastic asset. We look forward to creating further value for CD Capital investors on current and future ventures within the Lundin Group."

About CD Capital Group

Over the past 15 years, London based CD Capital has launched three Private Equity funds, having raised circa US$1 billion in long-term patient capital, predominantly from leading North American institutional investors, including endowments and foundations, family offices and corporate pension funds. CD Capital develops world-class projects globally in precious metals, critical metals for greening the world, as well as fertilisers for global food security. CD Capital has a unique focus on partnering up with repeat management teams that have a strong track record in successfully developing projects in Latin America, such as Brazil, Peru, Argentina, Guatemala as well as Canada, Finland, Greenland and Australia.

CD Capital was founded in 2006 by Ms Daniele, who was one of the first in London to set up a dedicated fund focused on private mining assets and winning the prestigious Mines & Money Fund Manager of the Year award in 2008. Since establishing CD Capital, Ms Daniele has built a world-class investment technical team of industry insiders and has been an active sponsor and employer of women studying mining geology at Imperial College, London, resulting in a successful nomination to the 100 Women in Mining for 2022.


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Dominic Chapman

Chief Financial Officer

+44 (0) 207 389 1450

Carmel Daniele

Founder, CIO & CEO

+44 (0) 207 389 1450