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Ethereum balance on crypto exchanges falls to lowest levels since 2018

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Nearly $1.61 billion worth of Ethereum tokens has left crypto exchanges year-to-date, ahead of its protocol’s potential full merge to proof-of-stake in summer.

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Vintage Vaults’ State-of-the-Art Deposit Box Service for the UAE

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DUBAI, UAE, June 21, 2023 /PRNewswire/ — As the UAE creates and attracts an ever-growing number of affluent individuals, boosting the region’s investment industry, two Dubai-based entrepreneurs have launched a state-of-the-art luxury service that ensures residents and tourists can protect their valuable physical possessions and their financial assets.

Inspired by the traditional Swiss private bank but updated with cutting edge technology to meet today’s expectations for convenience and security, Vintage Vaults is located in a discreet section of Mall of the Emirates. With seven sizes of premium safety deposit boxes, and flexible rental periods from 3 months to 10 years, Vintage Vaults makes it easy to safeguard jewellery, watches, documents, crypto codes and other important valuables.

Offering a unique experience that combines award-winning art deco-style reception areas with a custom-made reinforced steel vault, Vintage Vaults gives its customers’ unparalleled peace of mind. Unlike a bank, the facility can be accessed from 10am to midnight every day of the year, with options to move items in and out of the vault in person or using armoured home delivery services. Those visiting in person will benefit from private parking, a lift that opens right in front of the store, and stylish private rooms in which to access the contents of their box with full discretion.

“Our journey started when I tried to get a safety deposit box from my bank and had a terrible experience,” said Sherif El Haddad, Co-Founder of Vintage Vaults. “Once I’d waited six years for a box to become available, they demanded a huge cash deposit and then showed me a tiny box in shabby, unsecure room that was only accessible during branch opening hours. I knew I could do much better, and that others would demand much better too, so the idea of Vintage Vaults was born.”

As you would expect, security is of paramount importance. Not only does the Vintage Vaults facility benefit from Mall of the Emirates’ high tech protection measures, its own security measures include multi-stage biometric checkpoints, HD CCTV linked to Dubai Police, night vision cameras, motion and audio sensors, dual key locks, and security guards on the premises 24/7. Each box is automatically insured for AED1m and cover can go up to AED 5mn, so customers can relax in the knowledge that their valuables are far safer than they would be at home.

“Vintage Vaults brings safety deposit services into the 21st century with its premium services, and tailors them to meet the tastes and requirements of both UAE residents as well as tourists,” said Imran Khan, Co-Founder of Vintage Vaults. “We have attracted customers from over 80 nationalities, almost 70% of them long-term UAE residents. As personal wealth grows in and around our region, and as we expand Vintage Vaults to new markets, we’re confident that demand for our services will keep rising.”

Vintage Vault accounts can be managed online and customers must show an Emirates ID or Passport to rent a box. Memberships come in Standard and Premium tiers, the latter offering additional benefits including a private vault, a dedicated relationship manager, a gold deposit box, and additional nominees who can be given access rights.

Vintage Vaults with its unique blend of state-of-the-art security tech and luxury has managed to attract some of the wealthiest clients in the UAE. It has also attracted high net worth individuals globally that take advantage of Dubai as a key investment haven. The firm also now caters to corporates of different sizes and is continuously expanding its premium service offering.

About Vintage Vaults
Vintage Vaults offers a luxurious, secure place to store valuables with complete discretion and privacy. For more information visit www.vintage-vaults.com

Photo – https://mma.prnewswire.com/media/2106573/Vintage_Vaults.jpg

View original content:https://www.prnewswire.co.uk/news-releases/vintage-vaults-state-of-the-art-deposit-box-service-for-the-uae-301855738.html

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Upsurge in International travel amongst Indians, Dubai emerges as hot favourite – Thrillophilia

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JAIPUR, India, Sept. 22, 2022 /PRNewswire/ — As numerous countries have opened up their boundaries to tourists, Indians are enthusiastically planning vacations with an inclination toward international destinations. With the pent-up demands, there’s an uptick in foreign travel throughout the country for all kinds of travellers.

Thrillophilia brings to the fore destinations preferred by Indian travellers to make their trip unique and memorable. The pulse of travel trends shows that Dubai is an obvious choice for Indians in major segments. While Thailand, Singapore, Bali, and Malaysia are considerably popular among travellers due to cheap airfares and connectivity, Italy, the UK, Switzerland and France fall close behind in international destinations that Indians like to explore.

Top Destinations preference by different types of Indian travellers:

Dubai, a forerunner among family-friendly destinations: While choosing to travel with family, Dubai makes a mark among Indians with its numerous theme parks, attractions, and activity spots. Dubai’s numerous attractions appeal to both adults and children, for instance, Dubai Aquarium, Underwater Zoo, Ski Dubai, Wild Wadi, and several others. 36% of travellers picked Dubai over any other destination, when it comes to family travel. Singapore, Thailand, and Bali are the other hotspots frequented by families for relishing their annual international vacations.

Thailand is the top choice of solo travellers: Thailand is the favourite destination for Indians to travel solo considering the diverse and exciting experiences it provides in terms of food and frenetic nightlife, and not to forget, the tropical beaches and islands that make for a perfect getaway. Dubai comes a close second for solo travellers as it offers unique adventure and leisure activities. Singapore, Indonesia, and the UK are other destinations that are preferred for their natural affinity to attract solo travellers resorting to impromptu travel plans.

Couples choose Maldives over other destinations: Serving unparalleled luxury with pristine beaches and lush greenery, Bali and Maldives turn out to be the favourite destination for couples as per Thrillophilia. Travel to Maldives has been on a decline this year compared to last year, as other destinations have opened up in 2022.

Dubai is also preferred by couples for a romantic vacation. From dinner cruises, and exciting desert safaris, to a romantic date on a yacht and endless shopping options, it becomes apparent why this Emirate City is sought after by couples. Thailand also mesmerises Indian couples to be chosen among their favourite international destinations.

Unparalleled gastronomical experience around the world

When it comes to seeking one-of-a-kind experiences, Indians have been loving how Dubai offers some of the most exclusive culinary adventures with global flavours in exquisite venues. Indian travellers choose Dubai’s Dinner in the Sky, Luxury dinner cruise on a Marina Yacht, BBQ at Desert Safari, and rooftop meals at Burj Khalifa – At the Top for the ultimate gastronomic experiences in the city.

In this niche, Thailand, the street food capital of the world is also a favourite among Indians for the quintessential, authentic, and diverse food options at the street markets of Bangkok. Italy attracts numerous Indians to feast on Italian delicacies, roam around the food market or take part in a wine tasting affair. Recognized for its gourmet French cuisine, bakery, and cooking classes, Indians have ranked France fourth among the top destinations for an unforgettable food experience.

Adventure enthusiasts’ preferred choices

As per Thrillophilia’s data, Dubai tops again as the favourite destination for adventurous activities with skydiving, x-line, deep dive, and dune-bashing experience. Hot air balloon rides, quad biking, and skywalk are other activities that draw Indian tourists to the Emirate.

Australia, Turkey, Thailand, Malaysia and Bali make up the rest of the top 5 destinations preferred by Indians for adventure travel as compiled by Thrillophilia.

Flyboarding, parasailing, trekking, and a ride on the giant swing are the favourite activities of Indian tourists when in Bali. A country ripe for adventure, Indians flock to Thailand to engage in ziplining, snorkeling, and scuba diving among other activities in this fun-filled destination. While Turkey is preferred by Indians for a ride on a hot air balloon at Cappadocia, Malaysia is known to attract thousands of tourists countrywide for the numerous adventure activities it offers like ziplining, scuba diving, skydiving, and jet skiing.

Dubai, an ideal theme park destination

For a fun-filled thrilling experience at theme parks around the world, Indians have chosen Dubai, Singapore, Abu Dhabi, California, and the UK as their top 5 international destinations.

With IMG Worlds of Adventure, Wild Wadi Waterpark, Legoland Dubai, Kidzania, Garden glow, and many others, Thrillophilia bookings show that Dubai is the top theme park destination for Indians. WarnerBros World, Yas Waterworld, and Ferrari World are fascinating theme parks that attract Indians to Abu Dhabi. Singapore’s 4D Adventureland Sentosa and Universal Studios are considered a must-visit by kids and adults alike. Indians also visit Universal Studios and Disneyland in California for an exciting theme park experience along with Alton Towers, Thorpe park, and Legoland Windsor in the UK. 

Destinations preferred by travellers for Museums and Monuments

For the art and history-loving tourists from India, Rome, London, Abu Dhabi and Paris are preferred as they are home to some of the most famous museums and monuments in the world like The Colosseum, the British Museum, Louvre Museum, Eiffel Tower, and numerous others. With over 80 museums, Turkey is also a major attraction for museum lovers for its exquisite collection of Byzantine art and mosaics.

 A significant choice by tourists for an immersive experience has been Dubai’s latest attraction, the Museum of the Future. Indian tourists are flocking to this museum to witness the exquisite culture, as well as the futuristic goals in modern development.

Thailand, the go-to party paradise

Thailand, glittering with lights and a lot of hustle and bustle makes for the ultimate destination for Indian tourists looking for amazing nightlife. With great party destinations each with its own personality, Bangkok, Pattaya, and Phuket are the preferred locations. The Full Moon parties in Thailand also attract Indian tourists to the destination.

Dubai’s vibrant and exotic nightlife with the famous landmarks illuminated in the night sky turned out to be close second according to the trends at Thrillophilia as it has plenty of fine dining places and premier nightclubs. Home to beautiful beaches and hippie parties, Kuta in Bali attracts travellers from India looking to party at famous open-air clubs and beach raves. When looking for a destination with amped-up scenes after sun-down, Malaysia, and Singapore were other top choices for Indians.

Best picks for a luxury affair

Dubai has proven to be a popular choice among travellers looking for luxury experiences. Affluent Indian tourists travelling to the city opt for luxury stays at high-end glittering hotels like Burj al-Arab and Atlantis, The Palm. Booking trends of Thrillophilia show that luxury travellers from India also opt for experiences like premium safari packages, yacht parties, tours in rented luxury cars, and helicopter rides while in Dubai. True luxury affairs like the Saronic Cruise in Greece, and the Grand Canyon Helicopter Rides offer an experience like no other. Among the other chosen luxury experiences from around the world for Indian tourists, Luxury Spa Sessions in Bali entails a traditional yet opulent decadence.

About Thrillophilia:

Thrillophilia is India’s largest online booking platform that enables travellers with hand-picked experiential tours and activities.

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Nala Robotics and Saudi Excellence Co. to Establish First AI-Based Robotic Cloud Kitchen and R&D Center in Saudi Arabia

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NAPERVILLE, Ill. and RIYADH, Saudi Arabia, Sept. 15, 2022 /PRNewswire/ — Nala Robotics, a U.S.-based AI robotics company disrupting the culinary industry with its restaurant-as-a-service platform, and the Saudi Excellence Company, a Riyadh-based tech company, today announced a strategic agreement to develop, market and deliver autonomous food services to Saudi Arabia, one of the most promising and prolific digitally connected markets in the Middle East.

According to a memorandum of understanding signed during the Global AI Summit 2022 this week in Riyadh, both companies will work together to bring advanced and affordable AI robotic solutions to restaurants and food service providers in Saudi Arabia, including establishing the country’s first fully autonomous eatery that will serve a wide variety of Saudi and Middle Eastern dishes.

“We are delighted to be working with the Saudi Excellence Company, a pioneer in bringing emerging  technologies to Saudi Arabia,” said  Balaji Koneru, general manager, Asia Pacific, Nala Robotics. “Saudi Arabia is an important international trade route connecting Asia, Europe and Africa continents. Our collaboration will help Nala Robotics maximize the strategic geographic position and grow our business across the Middle East and North Africa region.”

The partnership’s immediate and longer-term objectives include:

Establishing a R&D center for artificial intelligence and machine learning roboticsSetting-up Saudi Arabia’s first AI-based robotic cloud kitchen that will prepare and cook Shawarma, Doner, Tamiya and other Middle Eastern cuisineCreating a training center for AI robotics engineers and techniciansBuilding a regional center for sales, marketing and fulfillment across the Middle East and North Africa

“The focus of our collaboration is to bring the latest AI robotics technology to the food service sector throughout Saudi Arabia and beyond,” said Omar Mian, chief innovation advisor, Saudi Excellence Company. “By leveraging both of our company’s strengths in technology innovation, we will be able to further revolutionize the country’ culinary industry while creating new opportunities for entrepreneurial endeavors and enhanced job fulfillment and growth.”

About Nala Robotics
Nala Robotics is an AI technology company disrupting the culinary industry. Its innovations include the world’s first fully automated multi-cuisine chef, a customizable robot that uses machine learning to cook infinite recipes replicated with exact precision anytime, anywhere. The company’s line of autonomous robotic solutions are ideal of multiple cuisines including American, Chinese, Indian and Thai. Based in Arlington Heights, Ill., Nala Robotics has offices in California, India and Ukraine. For more information, visit https://nalarobotics.com or follow the company on LinkedIn and Twitter @nalarobotics.

About the Saudi Excellence Company
Saudi Excellence Company, based in Riyadh, is a technology, artificial intelligence, and fintech company that represents many of the world‘s leading high-tech companies in Saudi Arabia, The unit is a subsidiary of Al-Ramez International Group, a diversified corporation with operations in financial investments, trading, contracting, design consulting, advertising and publicity. For more information, visit https://www.alramez.net.

PRESS CONTACTS

For Nala Robotics:

George Medici
PondelWilkinson Inc.
gmedici@pondel.com

For Saudi Excellence Company:

Omar Mian
Al-Ramez International Group
mian@alramez.net

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SOURCE Nala Robotics

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