MAG PARTNERS WITH MANTRA TO TOKENIZE $500 MILLION IN ASSETS, MARKING A UAE MILESTONE FOR REAL ESTATE

 United Arab Emirates, Dubai: 3 July 2024 — In a significant move in the global tokenized real world asset sector, MAG, a leading real estate developer in the UAE, announced a major partnership today with MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, which will see the tokenization of half a billion US dollars’ worth of MAG’s real estate portfolio.

With MAG’s total real estate portfolio valued at over US$5bn, the collaboration with MANTRA aims to revolutionize real estate investment through the application of blockchain technology.Starting with Keturah projects – Keturah Reserve in Meydan, Dubai and Keturah Resort atDubai Creekside,the partnership will introduce a real estate financing vault on MANTRA’s purpose-built compliance-ready Layer 1 blockchain. This initial vault product provides investors with an attractive yield derived from an alternate asset class and is backed by the security of blockchain technology.

 

DIHAD+ ROME CONVENES GLOBAL HUMANITARIAN LEADERS AT LUISS UNIVERSITY

-Under The Theme: International Relations and the Positive Global Citizen Concept

Dubai, UAE –1stJuly 2024:“DIHAD+ Rome,” a distinguished global initiative dedicated to advancing humanitarian aid and development, was hosted by Luiss Guido Carli University in Rome, renowned globally for its academic excellence.

This event attracted top professionals and experts and was held under the theme “International Relations: The Positive Global Citizen Concept.” It highlighted the importance of the role of individuals and communities in fostering a more interconnected world and how positive actions at the local level can ripple out to create meaningful positive change on a global scale. 

Latifa bint Mohammed honours General Directorate of Residency and Foreigners Affairs – Dubai

Latifa bint Mohammed honours General Directorate of Residency and Foreigners Affairs – Dubai

Dubai, UAE, 2 July 2024:Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture),honoured Lieutenant General Mohammad Ahmad Al Marri, Director General of the General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA), during a visit to the Authority’s headquarters in Dubai Design District (d3).

This recognition was in appreciation of his contributions and efforts in supporting Dubai Culture’s submissions for the Dubai Government Excellence Program. GDRFA’s support helped enhance the Authority’s competitiveness, elevate it to the excellence category in the program, and strengthen its position among Dubai’s government entities.

DSS DAILY SURPRISES BRING 34 DAYS OF EXCLUSIVE SAVINGS ALL SUMMER

 DSS DAILY SURPRISES BRING 34 DAYS OF EXCLUSIVE SAVINGS ALL SUMMER

Dubai, United Arab Emirates, 2 July 2024:Dubai Summer Surprises (DSS) 2024 is bringing brilliant bargains to everyone across the city with the return of DSS Daily Surprises. Runningfrom 2 July to 4 August, the highly anticipated and incredibly popular exclusive deals are bringing 34 days of exceptional, limited-time offers across everything from fashion and beauty to electronics and home labels. A key highlight of DSS every year, the mega discounts offer more ways than ever for Dubai residents and visitors to enjoy huge savings and unbeatable value when shopping for their favourite brands across the city’s iconic malls and retail destinations.

“Reportage Properties’ signed a Cooperation agreement with “Empire Holding Pakistan”

 “Reportage Properties’ signed a Cooperation agreement with “Empire Holding Pakistan”

– Initial investments of $300 million over the next five years

Abu Dhabi, United Arab Emirates

 Tuesday, July 2, 2024

Reportage Properties, the UAE leading real estate developer, headquartered in Abu Dhabi, signed an agreement with Empire Holding Pakistan, the leading residential and commercial real estate company based in Lahore, Pakistan, to launch a joint venture in the booming Pakistani real estate market.

The signing ceremony took place during a special event organized by Reportage Properties, on the sidelines of a special sales day on Sunday, June 30, 2024 at the Yas Hilton Hotel in Abu Dhabi.

Andrea Nucera, Managing Director signed the agreement on behalf of Reportage Properties, with Faisal Iftikhar, Managing Director of Empire Holding Pakistan.

Based on this agreement, which aims to enhance cooperation between the two companies, a new company with the name “Reportage Empire Pakistan”, will be founded to explore possible real estate projects in the Pakistani market, and develop the necessary marketing plans, in addition to a long-term strategy for the company’s expansion.

AN EPIC SEASON OF FUN BEGINS: DSS OPENING WEEKEND KICK-STARTS ENDLESS SUMMER JOY

 The biggest season of DSS kicked off this weekend with electrifying entertainment, non-stop fun, spectacular summer adventures, and sensational offers across the city

Dubai, United Arab Emirates, 1 July 2024: A fun-packed summer has officially begun as the opening weekend of the biggest and most exciting edition of Dubai Summer Surprises (DSS) kick-started a citywide line-up of thousands of exceptional offers and sensational things to do, across the emirate. Bringing together the very best that Dubai has to offer at pocket-friendly prices and great value, everyone in the city began their spectacular summer adventures with a jam-packed calendar of citywide celebrations, thrilling concerts, brilliant bargains, incredible prizes, diverse gastronomy experiences, and unbeatable hotel and attraction offers.

MICROSOFT’S 2024 WORK TREND INDEX REPORT

 

Microsoft’s 2024 Work Trend Index Report showcases increased appetite for AI at work, highlights opportunity for leaders to transform enthusiasm into productivity gains

The reportfound that despitelingering concerns about AI resulting in job losses, professionals have recognized that there are significant opportunities for those with AI aptitude to fill in key roles.

1 July, 2024; Dubai, United Arab Emirates –Organizations globally across industries have been forced to confront a new reality where employees, impatient with the pace at which their senior leadership has been adopting and deploying Artificial Intelligence across operations, have decided to bring their own AI tools to work. This is one of the key findings of Microsoft’s fourth annual Work Trend Index (WTI) Report.