Author: Arabian Media staff
Image: Supplied/ Prypco Mint PRYPCO Mint, the MENA region’s first real estate tokenisation platform, has crossed Dhs9m in tokenised property investments within a month of launch, marking a major milestone in digital real estate investing. Licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), PRYPCO Mint is also the first platform globally to tokenise a property title deed in partnership with a government body, the Dubai Land Department (DLD). The platform enables fractional ownership of premium properties, making real estate more accessible through blockchain technology. PRYPCO Mint has struck a chord with investors Since going live, PRYPCO Mint has attracted investors…
Charles Schwab’s stock briefly sees record territory after an earnings beat. Source link
Image: WAM The UAE Ministry of Finance has issued a new ministerial decision outlining how depreciation adjustments will apply to investment properties held at fair value, under the framework of the country’s corporate tax law. The decision provides clarity for businesses that report investment properties at fair value in their financial statements. Read-UAE tightens tax rules on sugary drinks: What you need to know It specifies the conditions under which depreciation will be calculated and the method for making tax adjustments, in line with the Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses. Investment properties:…
Low unemployment fuels spending, and more spending keeps unemployment low. Source link
The move aligns with the UAE’s broader public health strategy aimed at reducing sugar consumption, encouraging healthier lifestyles The post UAE tightens tax rules on sugary drinks: What you need to know appeared first on Gulf Business. Source link
Dubai South, one of the largest single-urban master development focused on aviation, logistics, and real estate, has announced the launch of new multiuser facilities within its Logistics District. Covering a built-up area of approximately 215,278 sq. ft., the facilities feature combinable units designed to meet the varied needs of businesses, supporting their growth and enhancing competitiveness across the regional market. Located in the freight forwarding zone, the facilities offer excellent proximity to key transport hubs, including Al Maktoum International Airport and Jebel Ali Port. Tenants will also benefit from direct access to the UAE’s road network, enabling seamless connectivity for…
Amex’s spending growth was 7% in the second quarter, an acceleration versus the 6% rate seen in the first quarter. Source link
Legal settlements like Paramount’s with Trump erode shareholder value, this former FCC official says. Source link
Image credit: Getty Images Dubai’s real estate sector continues its dynamic growth trajectory in 2025, even amid a seasonal slowdown in the first quarter. Bolstered by strong macroeconomic fundamentals, an expanding population, and high investor confidence, the city is cementing its position as one of the most competitive and resilient property markets globally. Read-Dubai property is booming: What every investor should know According to a recent Cavendish Maxwell report, Dubai recorded over 42,000 residential sales transactions in Q1 2025, reflecting a 10.0 per cent quarterly decline due to fewer project launches and seasonal factors. However, the year-on-year performance remains strong,…
3M stock surges as full-year profit outlook gets a boost from lower estimates of tariff costs. Source link