Actor Daniel Craig's final outing as British spy James Bond will be titled No Time to Die.
In an announcement on social media on Tuesday on the official accounts of the franchise, the title was revealed along with a release date of April 2020.
Filming for the new instalment, previously known only as Bond 25, got under way in Jamaica in April when producers announced that Oscar winner Rami Malek will play the villain in the latest entry in the British spy franchise.
Craig confirmed in 2017 that he would return for a fifth and final time as secret agent 007.
Producers said on Tuesday that the new film would see Bond enjoying a tranquil life in Jamaica after leaving active service before an old friend, Felix Leiter, from the CIA turns up asking for help.
Bond embarks on a mission to rescue a kidnapped scientist, which puts him on the trail of a mysterious villain armed with dangerous new technology, they said.
No Time to Die was initially expected to arrive in cinemas in November but that date was pushed back to 2020 after the award-winning British director Danny Boyle pulled out and was replaced by American Cary Joji Fukunaga.
The film is also being shot in London, Italy and Norway and actors reprising their roles will include Ralph Fiennes as M, Naomie Harris as Moneypenny and Ben Whishaw as Q.
The Bond franchise is one of the movie world's most lucrative with 2015's Spectre raking in $880 million (Dh3.2 billion) at the box office worldwide, while Skyfall in 2012 grossed more than $1bn globally.
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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.
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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