The investment aligns with the United Arab Emirates’ broader push to establish itself as a global technology and crypto hub.

Photo: Win McNamee/Getty Images If reports are correct that former Morgan Stanley technology banker Michael Grimes is set to lead President Trump’s planned U.S. sovereign wealth fund ...

Pokémon Go is now owned by Scopely which means it is now technically owned by the Saudi Arabian government's Savvy Games ...

Abu Dhabi wealth fund MGX invests $2 billion in Binance using stablecoins, setting a new record for crypto-related investments.

THE Mutapa Investment Fund (MIF) has devoted efforts to turn around the fortunes of State Owned Enterprises (SOEs) which had been relegated to the 'corporate graveyards'.Zimbabwe's first Sovereign ...

Binance announced Wednesday that Abu Dhabi-based AI and tech investor MGX has put $2 billion into the company, paid in stablecoins.

Pakistan has disclosed to the International Monetary Fund its intention to offer golden handshake packages to surplus employees, as revenue shortfalls ...

We are hopeful and have called for the rest of the ecosystem of banks, brokers, and asset and wealth managers to play their ...

President Donald Trump, meanwhile, used his first address before Congress to attack America’s largest attempt at directly ...

Profits at Emirates Global Aluminium (EGA) have fallen by nearly a quarter, hit by the suspension of operations in Guinea and corporation tax in the UAE. In October 2023, the Guinea Alumina ...

Abu Dhabi's MGX sovereign wealth fund makes a historic $2 billion investment in Binance using stablecoins, marking the ...

Blackstone and Alpha Wave Capital are the other suitors who have earlier expressed interest in the transaction ...