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

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

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

US-based Nuveen registered an office in the UAE last year, and Fortress has partnered with Abu Dhabi sovereign Mubadala ...

And so it is that Singapore and Abu Dhabi are investing in, and with, each other and forging partnerships. For instance, the ...

The fund invested in companies that played a role in Singapore’s growth, like PSA International ... In the Middle East, ...

The investment came in the form of stablecoins and reflects the growing presence of crypto in the Middle East.

The Abu Dhabi Sovereign Wealth Fund ADQ has sent an offer to acquire the remaining shares of Aramex PJSC, which are not yet owned by Abu Dhabi Ports, controlled by ADQ. This is reported in the press ...

The Abu Dhabi Sovereign Wealth Fund (ADQ) intends to create a new venture to invest in the metallurgical and mining sectors in order to diversify the UAE economy. This is reported in the press release ...

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

The fund invested in companies that played a role in Singapore’s growth ... the Middle East, sovereign wealth funds like Saudi Arabia’s Public Investment Fund and the UAE’s Abu Dhabi ...