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UAE residents actively seeking memorable experiences with 80% allocating a specific experience budget, reveals Shamal Holding UAE Experience Survey

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  • Shamal UAE Experience Survey 2023 looks at the attitudes, preferences and trends contributing to the nation’s experience economy.
  • 75% of UAE residents are more willing to seek, spend and prioritise experiences more than ever before.
  • 56% of UAE residents define an experience as something memorable, followed by something new and something never done before (43%)
  • 80% of residents are allocating a specific experience budget. 

DUBAI, UAE, Nov. 29, 2023 /PRNewswire/ — According to a new study looking at the experience attitudes, preferences and habits in the UAE, residents are actively contributing to the nation’s experience economy.

The UAE Experience Survey 2023 conducted by YouGov on behalf of Shamal Holding found that residents are positively seeking out new and memorable experiences. 75% of those surveyed said they are more willing than ever before to seek, spend and prioritise experiences.

The research sheds new light on the habits, choices and priorities of UAE residents when it comes to experiences with some key themes and new insight emerging:

Residents prioritising experiences, across all age groups.

Aligning with global habits in a post-COVID era and millennials increasingly  prioritising experiencing over material things, the UAE Experience Survey found that across all age groups and backgrounds UAE residents are actively seeking out experiences. Two-thirds (75%) stated they are more willing to seek, spend and prioritise experiences than ever before, with the vast majority (87%) also stating that the UAE offers a wide range of experience options.

Residents looking for an experience to remember and close to home.

Another highlight of the research reveals that memorability is a key factor when defining what an experience is. Over half (56%) define an experience as something memorable, followed by something new and something never done before (43%)

Of the experiences which UAE residents value highly, many are easily accessible with a trip to the beach (53%) and spending time in nature (44%) the most popular experiences for a weekend. The survey also found that staycations were popular for a long weekend, with over half of residents preferring to stay in the UAE rather than travelling overseas.

UAE residents allocating an experience budget as part of their wider spending.

A dedicated experience budget habit also emerges with 80% of residents saying they are specifically allocating an experience budget once they have covered their basic monthly needs.

Whether this budget is spent on entertainment (62%), dining and hospitality (56%) or travel and vacationing (52%), residents’ experience budgets are actively contributing to the UAE’s overall experience economy. The UAE has become a destination where both locals and tourists are constantly seeking new and familiar experiences that inform, inspire and excite. While some look to friends and family (62%), some from word of mouth (39%), social media remains the top source (67%) to seek information and inspiration of what their next experience in the UAE may be.

An experience is what you make of it.

The Experience Survey reveals that when it comes to discovering, planning and spending on experiences, more thought and consideration is taken into account about what is available. With the wealth of experiences the UAE has to offer, from adrenaline fuelled adventures to intimate fine dining moments, budget (34%), location (19%) and positive recollections (14%) rank as the factors UAE residents take most into consideration.

A new UAE resident bucket list emerges.

A yacht trip (52%), skydiving (44%) and hot air ballooning or helicopter rides (44%) ranked as the top three bucket list experiences for UAE residents.

Abdulla Binhabtoor, Chief Portfolio Management Officer, Shamal Holding said: “The UAE Experience Survey brings a new perspective on the experience attitudes and opinions of UAE residents. As social creatures humans are programmed to look for meaningful interactions and relationships with other humans. The survey shows that memorable interactions associated with positive emotional benefits that go beyond a functional benefit are increasingly important for residents in the UAE.

Creating something that is memorable is about making guests feel special and above all providing a human touch through extraordinary service and facilities as consumers look for a deeper and meaningful connections.”

“For Shamal Holding as a diversified investment firm that cultivates the extraordinary, we look forward to working alongside our partners and wider stakeholders to contribute to the UAE’s experience economy through our unique portfolio of investments, experiences and assets.”

As the owning company of some of Dubai’s most unique and iconic leisure and entertainment destinations, Shamal Holding continues to invest in the extraordinary across all its assets including Kite Beach, Dubai Harbour, Five Guys, Skydive Dubai, XPark, XDubai, and Jumeirah Zabeel Saray.

Survey Methodology:
–  Respondents were all residents of the UAE including males and females aged 18+, representing all nationality groups.
–  Survey conducted in both English and Arabic as per respondent’s preference.
–  The survey carried out between 26th June – 4th July 2023

About Shamal Holding

Born in Dubai, Shamal Holding is a diversified investment firm that cultivates the extraordinary, through a unique portfolio of investments, experiences and assets. The investments we make are strategically chosen and thoughtfully nurtured, mirroring Dubai’s ambition, spirit and energy.

Our real estate portfolio spans master communities, districts, residences, retail hubs and commercial spaces, we help realise potential, delivering unique developments such as Dubai Harbour and Nad Al Sheba Gardens. We invest in a range of properties, franchises and operations across the hospitality sector from luxury, premium and affordable experiences, with extraordinary domestic and international brands as diverse as Five Guys, Jumeirah Zabeel Saray and Hart Shoreditch Hotel London. As the owning company of some of Dubai’s most unique and iconic leisure and entertainment destinations, we curate extraordinary experiences every day. We also partner with best-in-class asset managers to manage a globally diversified investment portfolio.

For more information visit www.shamalholding.com

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Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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