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UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social As artificial intelligence startups raise increasingly large sums of cash to fund their swelling infrastructure needs, they’re turning to strategic partners like Nvidia … Read more
Abu Dhabi Airports will pioneer digital asset technology to enable a more seamless travel experience. Summary Zayed International Airport will pilot a regulated digital wallet Abu Dhabi Airports and Al Hail Holding signed a memorandum of understanding The initiative aligns with the UAE’s Digital Economy Strategy and Vision for 2030 Abu Dhabi Airports is embracing … Read more
The Santos Ltd. Logo atop Santos Place building, which houses the company’s office, in Brisbane, Australia, on Monday, Dec. 11, 2023. Bloomberg | Bloomberg | Getty Images Abu Dhabi’s National Oil Company has walked away from its $19 billion offer for Australia’s Santos, ending months of speculation over what would have been one of the … Read more
While most of the crypto world was busy watching charts and memecoins, one of the biggest sovereign wealth funds on the planet made a serious move. We’re not talking about small players here. The Abu Dhabi Bitcoin investment is coming from a $300 billion fund, that’s a serious signal. Abu Dhabi’s Mubadala Investment Company invested … Read more
A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025. Leah Millis | Reuters Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the … Read more
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, in what marks the cryptocurrency exchange’s first institutional investment and the “single largest investment” ever paird in crypto. In a joint press release, the firms … Read more
Binance has received a $2 billion investment from Abu Dhabi-based MGX, marking the first institutional investment in Binance’s history. The investment was conducted entirely in unnamed stablecoins, which grants MGX a minority stake in Binance and signals the firm’s entry into the cryptocurrency and blockchain sectors. MGX, known for its focus on AI and advanced … Read more
Key Takeaways Abu Dhabi’s MGX invested $2 billion in Binance, marking the largest-ever crypto company investment. The investment gives MGX a minority stake in Binance to support blockchain technology development. Share this article Binance announced Wednesday that MGX, Abu Dhabi’s AI and advanced technology investor, has invested $2 billion in Binance, marking the largest-ever investment … Read more
Abu Dhabi’s renowned wealth management firm Mubadala has invested $436.9 million in BlackRock’s BitcoinETF. Mubadala, the giant managing assets worth $330 billion, is diversifying its portfolio aggressively. A US Securities and Exchange Commission (SEC) filing revealed Mubadala’s confidence in Bitcoin and allocation of nearly half a billion to the ETF. In the fourth quarter, the … Read more
Phoenix Group, a popular Bitcoin mining company based in the UAE, has reported a staggering 236% increase in its 2024 revenues. On 12 February 2025, the company revealed that its mining revenue reached $107 million in 2024, a significant leap from $32 million in 2023 and $5.4 million in 2022. “This represents an astounding 1852% … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4