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Dubai has begun opening up its real estate market to small investors globally by allowing properties to be bought and sold in fractional digital shares through a blockchain-based platform. This model, known as real estate tokenization, allows a completed home to be divided into hundreds of units, each representing a percentage of ownership. Some of those units sold for as little as $545, significantly reducing the cost of entry into a market where apartments and villas are often sold outright for millions of dirhams. Dubai has already started testing this model, with several residential units sold through PRYPCO MINT, a…

Mozambique and Total Energies on Thursday resumed development of the French energy giant’s $20 billion liquefied natural gas plant, nearly five years after it was halted following a deadly attack by Islamic militants. Construction on this project was halted in 2021. But after some backers pulled out, Total Energy, which acquired additional capital from its partners, announced late last year that it was ready to resume work at the site in the northern province of Cabo Delgado. Mozambican President Daniel Chapo and Total Energy CEO Patrick Pouyanne were scheduled to attend a ceremony to mark Mozambique’s reopening, the Mozambican government…

Speaking under the patronage and presence of Bandar bin Ibrahim Al-Khoraef, Minister of Industry and Mineral Resources, Majid bin Rafed Al-Ghoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON), and in the presence of the Faculty of Engineering. Khaled bin Ahmed Al Shafri, Vice President of the Food Sector of the Industry Center of the Ministry of Industry and Mineral Resources, and Mohammed bin Abdulrazak Al Owari, Director of the Agriculture and Food Production Sector of Siniora Food Industries, officially opened the new manufacturing plant in the city of Jeddah over two days.The opening of the…

The Economic Development Council held its meeting via video conference. At the beginning of the meeting, the Board considered the monthly report submitted by the Ministry of Economic Planning. The report included global economic developments and growth prospects for 2026 AD, taking into account the challenges faced by the global economy, the potential impact on national economies, and the ability to adapt to global economic changes, and highlighted positive trends reflected in various economic and financial indicators, such as growth in domestic products due to continued increase in non-oil activities, recovery in oil activities, growth in industrial production; Stabilization of…

A recent medical report cited by the UK’s Daily Mail reveals that increased hair loss rates in women are no longer a temporary aesthetic issue, but rather a health indicator related to physical and psychological factors, requiring early diagnosis and careful medical follow-up.Reports have shown that chronic psychological stress, sleep disturbances, and physical stress are among the most prominent triggers that disrupt the natural hair growth cycle and push a large number of hair follicles into a stage of simultaneous hair loss, a condition medically known as “telogen effluvium.”Dermatology experts have shown that this type of hair loss often appears…

Gold prices rose significantly in Egyptian and international markets during today’s trading due to the fall of the US dollar to its lowest level in nearly four years and market expectations for the Federal Reserve’s decisions on monetary policy. According to a report published by the ‘iSagha’ platform, the price of 24-karat gold was recorded at around 8,052 pounds per gram. historical levelSaid Embabi, executive director of iSagha platform, said: “During today’s trading, gold prices in the Egyptian market rose by about 195 pounds, reaching a level of 7,045 pounds for 1 gram of 21 carat gold, while in the…

DUBAI – Dubai Insurance Company has partnered with Zodia Custody to launch the first digital wallet for crypto assets in the insurance sector in the UAE, it was announced in a press release. The new wallet enables secure receipt of premiums and seamless payment of claims using digital assets, establishing Dubai Insurance as a pioneer in next-generation insurance solutions. The initiative will enable policyholders to transact digital assets seamlessly, improving the customer experience while ensuring high standards of security, governance and transparency. Additionally, the solution streamlines business processes in line with the company’s commitment to innovation as financial services continue…

Lockheed Martin, a global defense technology company, announced today (January 28) that it has opened a software factory in Riyadh. The move is aimed at bringing the company’s advanced software development ecosystem to the Kingdom, enabling the rapid development of sovereign software applications and supporting their integration into Lockheed Martin platforms and systems. America’s defense giant is transforming its command and control capabilities through advanced software architectures, continuous integration and delivery pipelines, and distributed software factory models. These efforts establish a flexible command and control environment that supports scalable tactical, operational, and strategic solutions. This approach enables rapid integration of…

Today, German judicial authorities raided buildings owned by Deutsche Bank in the cities of Frankfurt and Berlin on suspicion of money laundering.”The charges are directed against unidentified officials and employees of Germany’s largest commercial bank,” Frankfurt prosecutors said in a statement.Inspection processA prosecutor’s spokesperson said: “We are unable to provide further details about the background of the business relationship, the transactions carried out through Deutsche Bank and their size, or the companies involved themselves.”Meanwhile, a Deutsche Bank spokesperson said, “Currently, the Frankfurt Public Prosecutor’s Office is inspecting the Deutsche Bank headquarters, and we can confirm that the bank is fully…

Doha: Qatar University (QU) launched its first microsatellite, named QUbeSat1, recording significant scientific and educational achievements that reflect its commitment to promoting applied education and building national capacity in the field of space science and technology. QU’s statement on Wednesday said the launch marks the culmination of years of work on student education projects and research infrastructure that QU has self-funded since 2012 and has since been further supported by research projects funded by the Qatar Research, Development and Innovation Council (QRDI) from 2020 to 2025. The project will receive additional support through a funding agreement with Es’hailSat and will…