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.
Issue 1196 - 05 February 2025
Recent bilateral talks on border security, water resources and the 5m Afghans living in Iran point to a more positive atmosphere between the neighbours – prompting speculation that Tehran could soon recognise the Taliban government. It comes at a time when other Gulf states have been recalibrating their relations with the isolated regime.
Issue 1196 - 30 January 2025