More from The National:
Friday's best photos: from Biden among Christmas trees to winter solstice at Stonehenge
Thursday's best photos: from nuns in the Vatican to Zelenskyy in Congress
Wednesday's best photos: from penguins in the Antarctic to Santa in Corsica
Tuesday's best photos: from vast snow sculptures to ferocious waves
Monday's best photos: from Sikhs at the Golden Temple to football fans in Buenos Aires
Sunday's best photos: from the World Cup final to Santas on gondolas in Venice
Saturday's best photos: from ski jumping in Switzerland to lightning in Albania
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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.
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
