UAE conglomerate DAMAC Group, with investments in property development, hospitality, and data centres, has announced plans to tokenize $1 billion worth of its assets for financing purposes in early ...
The DAMAC Group was founded in 1982 and its subsidiary DAMAC Properties was launched in 2002 after the UAE opened the country's real estate market to international investors. The company launched ...
DAMAC Properties today noted that construction work is progressing steadily on its DAMAC Lagoons project, which has been named the UAE’s first pre-certified LEED Platinum community development ...
Damac Properties, one of Dubai’s largest private developers ... and even airport information boards showcasing the Damac Air logo. Read More: Flight Prices to Go up 50% in December According ...
a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said on ...
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
Spread across a 55 million sqft area, this master development by UAE's leader developer DAMAC Properties offers a unique experience in community living in Dubai and provides residents and visitors ...
MANTRA, a layer-1 blockchain designed for tokenized real-world assets (RWA), entered an agreement with United Arab Emirates-based property conglomerate DAMAC Group to bring at least $1 billion of ...