Daily Archives: May 2, 2025

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Emphasizing the importance of innovation and international cooperation

Emphasizing the importance of innovation and international cooperation: Behavioral Exchange 2025 (BX2025) concludes with the UAE launching a global network to shape the future of behavioral sciences

Abu Dhabi, UAE – 1 May 2025 – Behavioral Exchange 2025 (BX2025) concluded in Abu Dhabi under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes Affairs. Organized by the Behavioral Science Group of the Office of Development Affairs, the conference was hosted at the New York University Abu Dhabi from April 30 to May 1, 2025, with the participation of more than 500 international experts, academics, and researchers specializing in behavioral sciences from around the world. The UAE also launched a global network to shape the future of behavioral sciences, called the ‘Global Behavioral Evidence Network’.

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Real Estate

Clédor Signs Landmark Agreement to Bring the first Arthouse Hotel NYC Branded Residences to the UAE

Clédor Signs Landmark Agreement to Bring the first Arthouse Hotel NYC Branded Residences to the UAE, valued at AED 400 Million

  • With Strategic partner Prospect
  • Al Marjan Arthouse is the first Arthouse Residences outside of the USA
  • Clédor continues to make bold strides in reshaping the region’s real estate landscape, with a project pipeline valued at over AED 2.1 billion

Dubai, UAE – May 2025 – In a significant move set to bring Manhattan’s creative legacy to the Middle East, Clédor, a premier real estate development management company, has officially signed a partnership agreement with Arthouse Hotel, NYC. Coming to the iconic Al Marjan Islands in Ras Al Khaimah, Al Marjan Arthouse, valued at AED 400 Million, will be the brand’s first residences outside of the USA.

With a project development pipeline valued at over AED 2.1 billion, Clédor continues to make bold strides in reshaping the region’s real estate landscape. These branded residences are part of Clédor’s vision to deliver high-yield, design-forward communities that offer 150%+ investor returns and average unit prices exceeding AED 14 million.

The signing ceremony took place today, at the elegant Amelia Lounge in Downtown Dubai, in the presence of Omar Gull, Founder & Chairman of Clédor, Karim El Aqabi, from Arthouse, Arch. Abdulla Al Abdouli, CEO, Marjan and Islam El Dafrawy,  Co-founder, Prospect.

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Real Estate

MAG SIGNS STRATEGIC PARTNERSHIP WITH MULTIBANK GROUP TO TOKENIZE  $3 BILLION REAL ESTATE ASSETS

  • The largest tokenization initiative of its kind comes ahead of the $MBG token launch, paving the way for regulated digital access to prime property assets

Dubai, UAE, 1 May 2025:  – MAG, the leading real estate developer in the UAE has signed a historic $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a leading blockchain innovator — marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights the imminent launch of $MBG, the utility token at the core of MultiBank’s next-generation digital finance ecosystem. 

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