Fintech PR
UAE residents actively seeking memorable experiences with 80% allocating a specific experience budget, reveals Shamal Holding UAE Experience Survey
- 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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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.
The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.
Event 1: TOKEN2049 Treasure Express
From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:
1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.
Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express
Event 2: Share and Unlock
From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit
Event 3: Meet us offline at TOKEN2049
Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit
An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).
As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.
“Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”
Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.
This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.
Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.
By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Fintech PR
Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series
LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.
Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.
This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.
These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.
This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.
Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”
Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”
About Integrum ESG
Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.
For more information, visit www.integrumesg.com
About CSRHub
CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.
For more information, visit www.csrhub.com
Media Contact
Harish Karunalingam
Integrum ESG
[email protected]
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