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Economy / The Times of India

UAE: What is real estate tokenization? Dubais Prypco sells out Dh1.75 million tokenized villa in under 5 mins

Real estate tokenization is transforming property investment by enabling fractional, blockchain-based ownership. In Dubai, Prypco Mint is leading this shift, selling out tokenized properties in minutes. Backed by regulators and aligned with national strategy, Prypco is making real estate more accessible, secure, and global, paving the way for a Dh60 billion digital property market by 2033.

13 Jul 2025 8:21 pm
Dubais secret: Why it leads the region beyond oil and real estate

Dubai has successfully moved away from its reliance on oil. Now trade, logistics, tourism, finance, and technology contribute significantly to its economy. Investor-friendly policies and world-class infrastructure have attracted global businesses and individuals. Its strategic location makes it a key gateway connecting Asia, Africa, and Europe. This transformation highlights Dubai's economic resilience and global importance.

12 Jul 2025 4:11 pm
Postal dept may exploit real estate commercially: Jyotiraditya Scindia

The Department of Posts is planning to commercially develop its prime real estate holdings to boost revenue. Communications Minister Jyotiraditya Scindia stated that the initiative aims to transform the 1.6 lakh post office network into a profit center. The department is currently assessing its properties, verifying title papers, and identifying potential development sites before engaging a developer.

7 Jul 2025 7:43 am
Why are 24% of Americans still Functionally Unemployed in a growing economy?

Despite low official unemployment figures, a deeper crisis looms: 24.3% of working-age Americans are functionally unemployed, according to LISEP. This includes those in low-wage or involuntary part-time work. The data reveals stark gender and racial disparities, challenging the illusion of economic recovery and raising urgent questions about what truly counts as employment in today's America.

26 Jun 2025 7:00 pm
'India now fourth-largest economy in world...soon to become third': CM Yogi after PM Modi completes 11 years in office

Uttar Pradesh Chief Minister Yogi Adityanath highlighted India's economic growth under Prime Minister Modi's 11-year tenure, noting its rise to the fourth-largest global economy and a doubling of per-capita income. He emphasized the shift in India's approach to terrorism, advocating for peace but asserting a strong response to threats through surgical and air strikes.

10 Jun 2025 8:13 pm