DAMAC in the News

Hamdan bin Mohammed honours winners of ‘One Million Arab Coders’ challenge supported by HSDF

Fri, 13 May, 2022 | WAM

DUBAI, 11th May, 2022 (WAM) -- H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Board of Trustees of the Dubai Future Foundation, today honoured the winners of the ‘One Million Arab Coders’ challenge, which featured a total prizemoney of US$1,350,000.

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Metaverse workplaces are almost here; the future is wow

Mon, 09 May, 2022 | Khaleej Times

The metaverse is, without doubt, one of the most exciting trends in modern tech. It stands to literally change the way we live our lives, which is why I and so many others are keeping such a close eye on developments within this sector.

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Dubai’s developer Damac says will accept cryptocurrencies Bitcoin and Ethereum

Thu, 28 Apr, 2022 | Khaleej Times

Real estate developer Damac Properties on Wednesday announced that it would sell property against cryptocurrencies Bitcoin and Ethereum.

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Damac set to enter world of Metaverse, plans $100m investment

Thu, 28 Apr, 2022 | TradeArabia

UAE-based business conglomerate, the Damac Group is set to embark into the world of the metaverse and build its own digital cities, becoming one of the pioneers in the GCC to do so.

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Hussain Sajwani – Damac Foundation donates AED5mln to 1 Billion Meals Initiative

Mon, 25 Apr, 2022 | Zawya

Dubai, UAE: The Hussain Sajwani – Damac Foundation (HSDF), has announced a donation of AED5 million to the 1 Billion Meals initiative, the region’s largest of its kind, from the UAE to the world to provide food support to the underprivileged and undernourished in less fortunate communities across 50 countries.

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DAMAC’s LOAMS wins Dubai Land Department recognition

Wed, 13 Apr, 2022 | Zawya

Dubai, UAE: DAMAC Properties’ community management arm, LOAMS, has been recognised by the Dubai Land Department (DLD), through its Real Estate Regulatory Agency (RERA), for its outstanding initiatives in managing its communities and buildings.

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