Phoenix Group Plc, together with its subsidiaries, provides crypto and cloud mining services in the United Arab Emirates, Oman, CIS, Canada, the United States, and internationally. The company engages in digital currency and bitcoin mining; cloud hosting; data center hosting; crypto trading; electronic currency design and programming; development, operation, management, maintenance, and leasing of data centers; and operation and maintenance of data center equipment. It also provides M2, a digital asset trading platform; cloud services; insurance; internet and multimedia consultancy; and software service solutions. In addition, the company trades in computing machines, computer and peripheral equipment, computer outfits, computer systems and software, data processing, telecommunication equipment, and spare parts; leases robots and smart machines; and invests into commercial enterprises related to cloud mining. Further, it distributes MicroBT crypto mining equipment, digital wallet ledgers, and CoolWallets. Phoenix Group Plc was founded in 2017 and is headquartered in Dubai, the United Arab Emirates.
Emirati Market Performance
7D7 Days: -0.2%
3M3 Months: 9.0%
1Y1 Year: 17.8%
YTDYear to Date: 8.9%
Over the last 7 days, the market has remained flat, although notably the Consumer Staples sector declined by 3.4%. As for the longer term, the market has risen 18% in the past 12 months. As for the next few years, earnings are expected to grow by 6.6% per annum. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.