WESTLAKE VILLAGE, Calif.-Thursday 2 August 2018 [ AETOS Wire ] (BUSINESS WIRE)-- Dole Food Company announced today that owner David H. Murdock has completed the sale of a 45% equity stake in Dole Food Company to Total Produce, plc, the leading European produce company, headquartered in Dublin, Ireland. This follows the European Commission (the “EC”) approval of the transaction. "I am excited for the future of Dole in our relationship with Total Produce. They have a long and successful history in the produce industry, and I have complete confidence that as the premier produce brand, Dole will be able to tap that expertise in growing our position worldwide," said David Murdock. “Both Dole and Total Produce have a standard of perfection that leads the industry in innovation, together we will further our joint mission of providing the highest quality produce to the world." Total Produce brings strong and knowledgeable industry leadership and produce expertise. The organization differs f ... Read more »

Ajman, United Arab Emirates-Sunday 29 July 2018 [ AETOS Wire ] Ajman Media City Free Zone, a world class free zone hub for the creative, media and entertainment industry announces customer friendly cost effective packages for new business set-up in the UAE. H E Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone said ahead of the official launch of the free zone: “Globally, entrepreneurs and small- and medium-sized enterprises (SMEs) are widely considered to be vital to national economies. We are committed to support the small and mid-size business investors and offer cost effective services for SME sector and boost UAE’s rankings in global business destination list. AMCFZ is developed for making the emirate of Ajman an international economic centre for investors and businesses, in line with the “Ajman 2021” vision. No deposit mandate offers big incentive to new business owners The Chairman announced a landmark decision to abolish all the security deposi ... Read more »

Medical Devices Management System certification demonstrates company’s ability in specialised field Dubai, United Arab Emirates-Thursday 2 August 2018 [ AETOS Wire ] GAC Dubai has been awarded the ISO 13485:2016 Medical Devices Management System certification, demonstrating its ability to provide quality warehousing, distribution and value-added services of medical devices that meet the high standards of the sector and the regulations that govern it. Certification comes after a stringent independent audit which confirmed the company’s compliance with the internationally recognised standard. The company has also been awarded the ‘Certificate of Good Pharmaceutical Storage and Distribution Practices for Medical Stores’ by Dubai Ministry of Health (MOH) after a statutory audit. Only companies who have passed the audit and received such certification are permitted to conduct pharma warehousing operations in the Emirate. These latest certifications add to GAC Dubai’s impressive colle ... Read more »

LONDON-Sunday 29 July 2018 [ AETOS Wire ] (BUSINESS WIRE)-- The Gulf Cooperation Council (GCC) countries have traditionally been exposed to low levels of weather-related claims, although Cyclone Mekunu, which struck Oman in May 2018, Super Cyclone Gonu in 2007 and flooding in the United Arab Emirates (UAE) and Saudi Arabia serve as reminders that the region is not entirely free of natural catastrophes, according to a new report by A.M. Best. The Best’s Market Segment Report, titled, “GCC Natural Catastrophe and Man-Made Losses Highlight Importance of Enterprise Risk Management,” states Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE have experienced lower activity for earthquakes, storms and flooding in comparison with other countries. However, Vasilis Katsipis, general manager, market development, said: “In A.M. Best’s opinion, a single large catastrophe event could have a severe impact on the region’s (re)insurance industry. Had Gonu’s reach been wider or focused on an area ... Read more »

• Strong start on underlying revenue and profitability led by Growth Drivers and Opex discipline • Reported operating profit and EPS impacted by large transactions in Q1 FY2017: 106.3 billion yen one-time gain on the sale of Wako and 16.8 billion yen from the 2nd tranche of products sold to Teva JV. Operating profit excluding these items was +37.5% Print OSAKA, Japan-Thursday 2 August 2018 [ AETOS Wire ] (BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TOKYO:4502): Underlying Revenue growth +6.4% with growth in every region Underlying Revenue grew +6.4%, led by Takeda's Growth Drivers (Gastroenterology, Oncology, Neuroscience and Emerging Markets) displaying strong growth of +11.8% over prior year. Key products Entyvio (+34.1%) and Ninlaro (+43.3%) made important contributions to revenue growth. Underlying Revenue increased in every region, particularly the U.S. which posted double-digit growth, and Japan which grew despite a price cut in April. Emerging Markets benefi ... Read more »