The Middle East framed - regional photography for October 26, 2020


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More galleries from The National:

E-scooters for hire now available in Dubai for 50 fils per minute

Dubai couples swap grand weddings for 20-minute ceremonies

Jean-Louis Sabaji unveils new collection that takes inspiration from animal kingdom

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Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

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.