Damac Group, the Dubai property company, has partnered with the Hong Kong-based blockchain platform Mantra to tokenise assets worth at least $1 billion. The project will use blockchain technology to ...

We can use initially our own financial resources, but then [in the] second phase we can use [a] third party’s money,” Sajwani ...

Private property owners along Sheikh Zayed Road, extending from the Trade Centre Roundabout to the Water Canal and Al Jaddaf, ...

founded Damac Properties in 2002. The company is part of Damac Group, a major presence in Dubai's burgeoning real estate market that is known for its megaprojects, which include luxury high-rises ...

The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.

DUBAI, UAE, Jan. 9, 2025 /PRNewswire/ -- MANTRA , a purpose-built layer 1 blockchain for tokenized real-world assets (RWAs) has signed a US$1 billion agreement with DAMAC Group , a prominent ...

Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto ...