All posts by uaenews247

Travel & Tourism

ATM 2026 rescheduled to August at the Dubai World Trade Centre

Dubai, United Arab Emirates, 18 March 2026: RX has confirmed that the 2026 edition of Arabian Travel Market (ATM) 2026, originally scheduled to take place from 4–7 May 2026 at Dubai World Trade Centre, will now take place from 17-20 August 2026, with the venue remaining unchanged.

The decision to reschedule the event has been made to prioritise the safety and well-being of customers, partners and colleagues, and to give the global travel and tourism community greater confidence and flexibility to attend.

Continue reading ATM 2026 rescheduled to August at the Dubai World Trade Centre →
Business & Investments

Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billion in FY2025

  • In its third full year of operations, Wio Bank reported net profits of AED 622 million, reflecting 57% growth over 2024
  • More businesses and individuals chose Wio as their primary bank, with customer deposits soaring to AED 57 billion
  • Wio ranked as the most loved bank in the UAE across segments, with an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the industry
  • Wio’s robust balance sheet, impressive profitability, and strong shareholder base give it resilience and support the focus on long-term strategy
Continue reading Wio Bank PJSC reports AED 61 billion assets and record revenue of AED 1.24 billion in FY2025 →
Technologies

Presight Unveils First AI Fund Investments Under Its Intelligence Innovation Ecosystem

Six AI startups aligned to next-generation intelligent systems supported through strategic capital and access to world-leading AI infrastructure and proven commercial pathways

Abu Dhabi, UAE – 17 March 2026: Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale.  

The investments form part of the Presight–Shorooq Fund I (PSFI), a US$100 million global early-stage fund established in partnership with Shorooq.

Continue reading Presight Unveils First AI Fund Investments Under Its Intelligence Innovation Ecosystem →
Business & Investments

20 new showrooms in 20 days; Malabar Gold & Diamonds Announces Major Expansion with USD 172 Million Investment

Set to create 725 jobs across emerging and high-growth markets, strengthening Malabar’s leadership in jewellery retail

Malabar Gold & Diamonds, the 5th largest jewellery retailer globally has announced a major retail expansion with the launch of 20 new showrooms in just 20 days, marking one of the fastest showroom rollout initiatives in the Indian jewellery sector. The latest expansion drive will take the total global showroom count to 445 showrooms across 14 countries, with presence in 22 states and Union Territories across India further reinforcing its position as one of the most trusted and expansive jewellery retail chains in the world.

The expansion entails a total investment of USD 172 Million and is expected to generate over 725 employment opportunities, underlining the group’s continued commitment to India’s economic growth, job creation, and retail sector development.

Continue reading 20 new showrooms in 20 days; Malabar Gold & Diamonds Announces Major Expansion with USD 172 Million Investment →
Health Care

Breathing slowly into a paper bag can help calm the mind quickly, says an expert

A psychologist provides 5 simple and quick calming techniques to help manage panic and stress.

Simple grounding activities like holding ice, touching textures, walking barefoot, or tuning into surrounding sounds can help anchor the mind in the present and ease panic.

17 March, 2026; Ras Al Khaimah, UAE – In times of uncertainty, continuous exposure to distressing news and information can trigger feelings of stress, anxiety and even sudden panic. Mental health experts say that while such reactions are natural, there are simple techniques individuals can use to regain control of their emotions and calm the mind.

Ms Zobia Amin, Clinical Psychologist, RAK Hospital

Continue reading Breathing slowly into a paper bag can help calm the mind quickly, says an expert →