Intelligent Retail.tech Issue 2 | Page 10

NEWS
Chipotle partners with Zipline for aerial delivery

Chipotle Mexican Grill has announced it is partnering with

Zipline, one of the world’ s largest autonomous delivery systems, to fly digital orders to guests’ locations in greater Dallas.
Chipotle’ s new delivery option, Zipotle, will use Zipline’ s fleet of quiet, zero emissions aircraft, to make super fast, convenient deliveries that save customers’ time and keep orders dine-in fresh. Chipotle’ s entire menu is eligible for Zipotle delivery.
Zipline designs, manufactures and operates its autonomous aircraft, pioneering the use of physical AI in commercial last mile logistics. Zipline delivery is extraordinarily quiet and barely noticeable and food arrives restaurant-fresh – even in wind, rain, cold or Texas summer heat – thanks to its speed and builtin insulation.
“ Zipotle is a quick and convenient source of delivery that lets guests enjoy our real food from places that are traditionally challenging to serve, including backyards and public parks,” said Curt Garner, President, Chief Strategy and Technology Officer at Chipotle.“ Zipline’ s commitment to building an efficient, environmentally friendly delivery experience is synonymous with our mission to‘ Cultivate a Better World’.”
“ With Zipline, you tap a button, and minutes later food magically appears – hot, fresh and ultra-fast,” said Keller Rinaudo Cliffton, CEO and Co-founder of Zipline.“ Starting now, families in the Dallas area can have food delivered by Zipotle and served for lunch or dinner. What once felt like science fiction is soon going to become totally normal.”
Eighty-five percent of UAE retail investors back local stocks despite global trade tensions

Astriking 85 % of UAE-based retail investors are currently invested in local stocks, with many buying even more in response to global trade tensions, according to the latest UAE Retail Investor Beat from trading and investing platform, eToro.

The study, which surveyed 1,000 retail investors, found that 39 % hold Abu Dhabi stocks, 28 % hold Dubai stocks and 18 %
George Naddaf, Managing Director at eToro MENA hold both. Some 63 % of investors said they are‘ very confident’ in the UAE economy’ s current performance, with a further 29 %‘ somewhat confident’. Looking longer term, 59 % are‘ very confident’ in the outlook for locally listed stocks.
Nearly half( 48 %) forecast significant gains in the UAE stock market over the next 12 months, while 34 % expect steady growth. Real estate( 55 %), technology( 48 %), financial services( 37 %) and energy( 37 %) are the sectors viewed most optimistically.
George Naddaf, Managing Director at eToro MENA, said:“ The DFM and ADX are among the best-performing stock exchanges in the world this year, outperforming the S & P 500 by a considerable margin. Our research confirms that investor confidence in the UAE market remains strong.”
Geopolitical risk remains a concern, with 90 % saying tariffs and trade wars will impact portfolios. Investors are responding by increasing exposure to UAE equities( 53 %) and commodities( 51 %), particularly gold( 49 %).
Despite uncertainty, 65 % of UAE investors have already increased portfolio contributions and 76 % expect to do so in the next three months.
10 www. intelligentretail. tech