Latest news with #TheIndex
Tourism Breaking News
4 days ago
- Tourism Breaking News
34% plan to travel at least twice this year and spend more than USD 3000 (approx. AED 11000) on their next holiday
Post Views: 42 As per the recent survey by The Allianz Partners Travel Index 2025 in the UAE regarding their travel plans, preferences and concerns for the year ahead, reveals that most of the respondents in the United Arab Emirates intend to travel internationally in the next twelve months. While global events and financial pressures continue to shape decisions, safety and peace of mind are emerging as top priorities – alongside a growing appetite for group travel, new destinations and higher holiday budgets. Where surveyed respondents in the UAE are heading: UAE The Index finds that the Middle East and North Africa remain the most popular regions for outbound travel from the UAE, attracting 30% of travelers, followed by the UK and Europe at 26%. Meanwhile, younger travelers under thirty are increasingly drawn to central America and the Caribbean Islands, indicating emerging destination trends among Gen Z and millennial audiences. How often, how long and how much they'll spend: Respondents in the UAE Plan Multiple Trips, Longer Stays, and Budgets Over USD 3,000 (approx. AED 11000) One third of the surveyed respondents in the UAE plan to travel at least twice this year, with high income earners likely to take up to five or more trips annually. The typical holiday lasts between 9-15 days, with most travelers preferring to travel with family or companions, reinforcing the region's preference for shared experiences. While budgets are dependent on household income, 34% of travelers plan to spend more than USD 3,000 (approx. AED 11000) on their next holiday. Most of the respondents, take up to three months to plan and book trips, relying on recommendations from family, friends and social media – particularly YouTube, Facebook and Instagram – for travel inspiration. Furthermore, when it comes to using a travel app, 45% of respondents indicate that storing travel documents is the feature they would utilize the most while traveling. Personal safety is the leading concern for UAE travelers, cited by 44% of respondents, followed by fears of extreme weather events, financial constraints, and flight disruptions. Higher-income travelers are especially mindful of geopolitical tensions, while younger travelers place importance on protecting travel documents and digital assets while abroad. Travel insurance purchases are also on the rise, as 26% of respondents say they intend to purchase policies through travel websites. Among those purchasing insurance, 50% state that the main reason for purchasing travel insurance is for their own security/peace of mind. Furthermore, 35% of respondents highlight medical emergency benefits and coverage limits as the most crucial factors influencing their insurance purchase, especially for longer international trips. Commenting on the launch, Vinay Surana, Regional Managing Director, Asia Pacific, Middle East and Africa at Allianz Partners said: 'The Allianz Partners Travel Index 2025 offers actionable insights for our partners at a time when travelers' priorities are rapidly evolving. By understanding the needs and concerns of respondents in the UAE, we can deliver more relevant, secure, and innovative travel solutions that empower our customers to explore with confidence.'
Bloomberg
25-03-2025
- Business
- Bloomberg
Magnificent 7 earnings outlooks stay bullish even under AI pressure, bear market
Mag 7 valuations and earnings forecasts have come under renewed scrutiny amid heightened concerns about China's accelerating entry into the artificial intelligence (AI) space. Investors are showing worry about returns on investments, but that has yet to be realized in forecasts. The issue The Index reached a 16% year-to-date decline on March 18, and Meta's fall that day meant all Mag 7 stocks had turned negative in 2025. Nvidia Corp.'s announcement of new ventures and more powerful AI chips mitigated only some of those losses the following day. Despite this drop and a current bear market, analysts have remained largely bullish on future earnings, with forecasts for aggregate earnings per share (EPS) for 2027 rising by 2%. Future forecasts are roughly 50% higher than they were in 2024. Nvidia specifically had its fiscal 2027 data center revenue estimate increased to more than $234 billion, with 2028's projections rising to $260 billion. Nvidia Corp. CEO Jensen Huang said 'AI is going through an inflection point' and predicted that data center spending will 'very soon' reach $1 trillion annually. Bloomberg Intelligence sees China's recent AI gains as a pressure point for the Mag 7 as advancements will allow Chinese companies to spend less on LLM training and more on agents and applications. As Tencent Holdings Ltd. signaled it will invest $10 billion in AI infrastructure this year, the Mag 7's 25 times forward PE closed in on the Hang Seng Tech Index's 19. Tracking
Yahoo
05-02-2025
- General
- Yahoo
Help The Black Farmer's Index Combat Food Insecurity And Agricultural Inequity
The Black Farmers Index (The Index) is dedicated to uplifting the Black farming community to address food insecurity and reduce inequities in the agricultural sector. Founded by Kaia Shivers, The Index spotlights Black farmers across 11 regions nationwide, providing greater visibility through a comprehensive online directory and other strategic initiatives. Farmers included in the Index receive social media promotion and short narratives that provide more insight into their services and offerings, educational workshops for farmers, food-centered virtual and in-person events, and curated farmer lists for individuals and institutions. Visitors to the site can locate Black growers by selecting their region and state and then browse through an alphabetical list showcasing Black farmers and their available products. The Index began as a solutions-driven journalism initiative launched by Ark Republic in April 2020 providing a small directory of Black farmers to help address resource shortages during the COVID-19 pandemic. Due to being forced out of agrarian lifestyles, many Black communities now live in food deserts and food swamps, making them among the first to suffer during food shortages. When researchers sought solutions, they initially turned to Black farmers, many of whom were subsidized by the USDA and forced to discard thousands of tons of food, causing further supply disruptions. Independent Black farmers, who remained viable alternatives, often lacked market exposure and distribution channels, leaving them excluded from efforts to address the emerging food crisis. These growers have also faced generations of systemic discrimination in the agricultural industry. The Black Farmers Index was created to serve as a user-friendly, accessible directory connecting the public directly with Black farmers. Its mission is to drive business to these growers through a direct-to-consumer model while providing a platform for farmers to share their stories of resilience and survival in the face of generations of agricultural inequities. What started as a small list of 150 farmers has grown to a list of over 1,300 crop farmers, small-to-medium-sized growers, ranchers, poultry farmers, vegetable and fruit producers, grains and nut harvesters, and more. Farmers featured on The Index benefit from a direct consumer-to-Black farmer pipeline while gaining connections to agencies, institutions, and essential resources. The Index operates on four key pillars: Enhanced Marketing, which promotes the Black agricultural ecosystem, including growers, ranchers, fisherfolk, beekeepers, foragers, and foresters; Data Collection & Distribution, where researchers gather, analyze, and share accurate information about Black growers; Resource Access, which provides guidance on securing capital for harvesters; and Land Advocacy, where education and support are provided to Black agriculturalists in acquiring farmland. The Index amplifies Black farmers through various initiatives, including curated gift boxes showcasing their food products, feature stories in news and media outlets, data collection and reporting, and storytelling through farm visits. Additionally, it connects farmers with business opportunities and resources, fosters a strong network for farmer collaboration, and partners with organizations and companies on impactful initiatives. The non-profit is focused on expanding the directory and raising awareness of the farmers in The Index, hosting regular events nationwide to amplify its mission and the Black farming community. In December, it hosted the Collard Green and Kale Giveaway at IGH Gardens in Long Beach, CA. Those interested in supporting The Black Farmers Index can RELATED CONTENT: How Some Black Gulf Coast Farmers Are Leading the Way In Climate-Smart Agriculture
