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Dubai: Indian, Emirati, Pakistani investors lead in tokenised property deals
Dubai: Indian, Emirati, Pakistani investors lead in tokenised property deals

Khaleej Times

timean hour ago

  • Business
  • Khaleej Times

Dubai: Indian, Emirati, Pakistani investors lead in tokenised property deals

More than Dh9 million worth of deals through tokenisation have been made in Dubai within a month of selling properties through Prypco Mint, Mena's first real estate tokenisation platform. According to data shared by Prypco Mint, Indians, Emiratis, Pakistanis, Canadians, Americans, and British topped the list of investors by investment amount. More than 50 nationalities based in the UAE have invested in tokenised projects. Properties listed on the platform are being fully funded in record-breaking times, averaging just three minutes per property. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Amira Sajwani, founder and CEO of Prypco, said this strong demand in the first month of the launch of tokenisation of real estate demonstrates how strongly the market is gravitating towards tokenised real estate. 'Investors today want flexibility, transparency, and the ability to participate in high-value property markets with lower entry barriers. We're excited to see demand for tokenised properties growing every day, as more people recognise this as the future of real estate investment,' she said. The latest projects that were fully funded were two apartments in Sobha Creek Vistas Grande and Liv Residence in Dubai Marina, both located in some of Dubai's most sought-after communities. The Sobha Creek Vistas Grande property was fully funded in just 10 minutes by 213 investors from 38 nationalities, with an average investment size of Dh7,512. Meanwhile, Liv Residence in Dubai Marina achieved full funding in an impressive three minutes, attracting 258 investors from 47 nationalities, with an average investment size of Dh7,210. In March, the Dubai Land Department (DLD) launched the pilot phase of the 'Real Estate Tokenisation Project' in collaboration with the Dubai Virtual Assets Regulatory Authority (Vara) and Dubai Future Foundation (DFF) through SandBox Real Estate. Real estate tokenisation transforms real estate assets into digital tokens using blockchain technology. Each asset is divided into shares based on an investor's budget and financial strategy, enabling fractional property ownership. This innovative approach marks a significant shift by allowing investors to acquire a portion of a property without fully purchasing it, leveraging advanced technology. Unlike crowdfunding, which grants investors access to the real estate market with small investments through digital platforms, tokenisation offers a distinct and more structured model for real estate investment. According to DLD estimates, Dubai's real estate tokenisation sector is projected to reach Dh60 billion by 2033, accounting for seven per cent of the emirate's total real estate transactions.

MindHYVE.ai™ and AI Future Lab Announce Strategic Partnership to Deploy ArthurAI™, the World's First Truly Agentic Education Platform, Across South Asia and MENA
MindHYVE.ai™ and AI Future Lab Announce Strategic Partnership to Deploy ArthurAI™, the World's First Truly Agentic Education Platform, Across South Asia and MENA

Yahoo

time2 hours ago

  • Business
  • Yahoo

MindHYVE.ai™ and AI Future Lab Announce Strategic Partnership to Deploy ArthurAI™, the World's First Truly Agentic Education Platform, Across South Asia and MENA

NEWPORT BEACH, Calif. and ISLAMABAD, July 18, 2025 /PRNewswire/ -- one of the fastest-growing artificial intelligence technology companies in the world, has entered into a Memorandum of Understanding (MoU) with AI Future Lab (Pvt) Ltd, a nonprofit organization based in Pakistan focused on democratizing education through technology across South Asia and the Middle East. At the center of this partnership is the deployment of ArthurAI™, a next-generation educational platform built on Ava-Education™, MindHYVE's proprietary domain-specialized large reasoning model. ArthurAI™ is not a conventional learning management system. It is an agentic AI platform where the Arthur agent exercises cognitive agency to understand, adapt to, and guide each learner toward their educational goals, autonomously and in real time. This represents the first full-scale deployment of an agentic education system capable of executing intentional pedagogical decisions without dependence on user prompting or static instruction sets. ArthurAI™ actively learns from each student's behavioral signals, performance data, and linguistic patterns to deliver a uniquely personalized learning trajectory that adjusts continuously based on the learner's evolving context. Deployment Overview Under the terms of the agreement, and AI Future Lab will implement ArthurAI™ in multiple countries across South Asia and the MENA region, with localized delivery in Urdu, Arabic, Swahili, Bengali, and Persian. The deployment includes two major educational initiatives: 1. AI Graduation Program for Educators (Launching Q4 2025)Educators in Pakistan, Kenya, and select MENA countries will receive structured training on how to co-navigate learning environments with the Arthur agent. The training modules will be delivered through agentic interfaces tailored to local pedagogical practices, languages, and curricula. 2. Youth AI Capacity ProgramDesigned for youth aged 15 to 30 in underserved and rural regions including areas such as Muzaffarabad. The program will offer foundational AI literacy, no-code development skills, and digital career fluency. The pilot phase targets 250 to 500 participants, with future scaling planned based on regional performance metrics and community feedback. Executive Commentary "This initiative goes beyond personalization, it operationalizes intelligence," said Bill Faruki, Founder and CEO of "ArthurAI™, powered by Ava-Education™, demonstrates what is possible when true agency is embedded in a learning system. This partnership is not simply about deploying software. It's about deploying opportunity, equity, and systemic access to cognitive infrastructure". Qasir Rafiq, Founder and CEO of AI Future Lab, added, "This is the first time our communities will be served by an AI platform that doesn't just respond to students, it advocates for them. ArthurAI™ gives our educators and youth a tool that thinks, adapts, and guides with intention." About ArthurAI™ and Ava-Education™ ArthurAI™ is the world's first education platform built entirely on agentic AI principles. It is powered by Ava-Education™, a proprietary large reasoning model developed by The model is trained across diverse instructional scenarios, pedagogical frameworks, and cultural contexts to deliver adaptive, multilingual, and purpose-driven learning at scale. Unlike generative AI LMS platforms that deliver content reactively, ArthurAI™ exhibits full agentic behavior, autonomously planning instructional trajectories, prioritizing learning objectives, and making context-specific decisions to optimize student outcomes. It represents a fundamental evolution in how AI is applied to human learning systems. About is a global artificial intelligence company specializing in agentic systems and autonomous cognitive architectures. The company's technology stack is powered by Ava-Fusion™, a large reasoning model that orchestrates intelligent agents across law, healthcare, finance, education, and public sector governance. With its proprietary agent frameworks and swarm intelligence infrastructure, is transforming how intelligence is deployed across real-world industries. Media Contact OrtizEmail: +1 (949) 200-8668Website: SOURCE Inc.

OPEN// Egypt slams attempts to undermine ties with Saudi Arabia
OPEN// Egypt slams attempts to undermine ties with Saudi Arabia

Middle East

time3 hours ago

  • Politics
  • Middle East

OPEN// Egypt slams attempts to undermine ties with Saudi Arabia

CAIRO, July 17 (MENA) – Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty met on Thursday with his Saudi counterpart Prince Faisal bin Farhan in New Alamein, where he strongly rejected attempts by online platforms to damage relations between Egypt and Saudi Arabia. He described the ties as longstanding and resilient. During the talks, the two ministers reaffirmed the strength of bilateral cooperation under the leadership of President Abdel Fattah El Sisi and Saudi King Salman and discussed ongoing work through the Egyptian-Saudi Supreme Coordination Council, which supports joint economic and investment efforts. They also reviewed developments in Gaza, where Abdelatty described Egypt's efforts to secure a ceasefire and deliver humanitarian aid. Egypt is also preparing to host a conference for Gaza's reconstruction. Talks also covered Libya, with Egypt backing a Libyan-led political solution without foreign interference. Abdelatty stressed the importance of protecting Libya's sovereignty and restoring stability. The ministers addressed the crisis in Sudan, agreeing on the need to stop the fighting and preserve the country's unity, institutions, and borders. Additionally, both sides condemned Israeli airstrikes on Syrian territory, including recent attacks in Damascus. They called for Israel to withdraw from the Syrian land occupied since 1967, including the Golan Heights. (MENA) H A T/R G E

OPEN// President Sisi sends his condolences to Nigeria over death of former president Buhari
OPEN// President Sisi sends his condolences to Nigeria over death of former president Buhari

Middle East

time13 hours ago

  • Politics
  • Middle East

OPEN// President Sisi sends his condolences to Nigeria over death of former president Buhari

CAIRO, July 17 (MENA) - President Abdel Fattah El Sisi sent a cable of condolences to Nigerian President Bola Ahmed Tinubu over the death of former president Muhammadu Buhari. On his official Facebook page, President Sisi offered his heartfelt condolences to the Nigerian government and people over the demise of the former president who dedicated his life to serving his country. President Sisi prayed to Allah to grant the deceased his vast mercy and provide comfort and patience to his family and the Nigerian people. (MENA) S R E/R E E

OPEN// TV BRICS highlights Egypt's climate change, desertification domains
OPEN// TV BRICS highlights Egypt's climate change, desertification domains

Middle East

time13 hours ago

  • Politics
  • Middle East

OPEN// TV BRICS highlights Egypt's climate change, desertification domains

MOSCOW, July 17 (MENA) - TV BRICS shed light on Egypt's efforts to preserve the environment and fight climate change and desertification. It highlighted a meeting between Egypt's Minister of Environment Yasmine Fouad with Mexico's Ambassador to Egypt Leonora Rueda Gutierrez to explore new opportunities for bilateral and multilateral cooperation on key environmental issues such as desertification, climate change, and waste management. Fouad, who was recently appointed as Executive Secretary of the United Nations Convention to Combat Desertification (UNCCD), highlighted the history of collaboration between Egypt and Mexico in environmental matters, particularly since 2018 when Egypt assumed the presidency of the Convention on Biological Diversity, previously held by Mexico. She also emphasized the joint efforts to advance a green transition and promote circular economy models. She warned that desertification is one of the most urgent threats in light of worsening climate change and food insecurity, and stressed that 2026 will be a key year, as the conferences of the three Rio Conventions will be held, offering a unique opportunity to strengthen political will, foster international cooperation, and attract financial resources. Ambassador Rueda expressed Mexico's interest in benefiting from Egypt's experiment in turning environmental challenges into economic opportunities. She also underscored the importance of strengthening cooperation in areas such as sustainable agriculture and environmental education, which are priorities for both countries. (MENA) S R E/D A E

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