UAE-sponsored schools open in Pakistan



ABU DHABI // More than Dh100 million has been spent to open 40 new schools and colleges for children in flood-ravaged areas of Pakistan.

The UAE Project to Assist Pakistan has handed over the schools to local authorities, and some 21,000 children have already started classes in the facilities, according to state news agency WAM. Children also received gifts at each of the openings, including backpacks.

The project to construct schools in Pakistan was carried out under the directives of UAE President Sheikh Khalifa bin Zayed Al Nahyan.

Another two schools will be built in Khyber Pakhtunkhwa and South Waziristan, at a costs if Dh1.8m each.

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Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.