Phoenix Group, which has a number of links to billionaire UAE national security adviser Sheikh Tahnoun Bin Zayed’s business empire, has secured a 80MW power supply for a new crypto-mining site in Ethiopia, in the latest stage of an international push which has taken the Abu Dhabi-based cryptocurrency firm to Oman, Canada and the US –and which could soon lead it to South America.
Sheikh Tahnoun Bin Zayed is one of the most influential figures in UAE politics and business, with an extensive portfolio of state-owned and privately-held commercial interests and a pivotal role as national security advisor. Those two roles sometimes overlap, as does his strong interest in the development of artificial intelligence. Read more
UAE national security advisor Sheikh Tahnoun Bin Zayed Al-Nahyan (TBZ) has become the commercial leviathan of the UAE, with extensive business interests that make him a quietly dominant figure on the Abu Dhabi Securities Exchange (ADX). Read more
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UAE: Tahnoun Bin Zayed Al-Nahyan, UAE: Sheikh Tahnoun's business interests
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