Phoenix Group (UAE)

Phoenix Group (often styled Phoenix Group PLC) is an Abu Dhabi–headquartered digital infrastructure and blockchain-focused company known primarily for Bitcoin mining and related digital-asset activities. The group presents its mission as building and operating “trusted infrastructure for Bitcoin, AI, and high‑performance compute.” (phoenixgroupuae.com)

Overview

• Type: Public company (PLC), listed on the Abu Dhabi Securities Exchange (ADX). (globenewswire.com)
• Founded: 2017 (as stated in company communications). (globenewswire.com)
• Headquarters: Abu Dhabi, United Arab Emirates (as described in company releases and corporate materials). (globenewswire.com)
• UAE offices listed on its website: Abu Dhabi (Al Maryah Island, ADGM area) and Dubai (Downtown Dubai / Boulevard Plaza Tower 2). (phoenixgroupuae.com)

Business activities

Phoenix Group describes itself as operating across Bitcoin mining and broader digital-asset infrastructure, and positions its platform as extendable to AI / high-performance compute (HPC). (phoenixgroupuae.com)

On its website, Phoenix Group states that it:

• operates as a large-scale Bitcoin miner with international operations (listed by the company as including the UAE and additional countries such as the United States and Canada). (phoenixgroupuae.com)
• runs a “500+ MW” mining operation (company claim). (phoenixgroupuae.com)
• established (per its own statement) a US$2 billion crypto-mining farm on Reem Island through a joint venture with the Abu Dhabi government. (phoenixgroupuae.com)

In investor-oriented materials, Phoenix Group also characterizes itself as a “top 10 global player” and claims to control roughly ~2% of global Bitcoin hash rate (company claim). (phoenixgroupuae.com)

Ventures / ecosystem

Phoenix Group’s website describes an “ecosystem” that includes ventures beyond mining. One example highlighted is Lyvely, which the group describes as a “SocialFi” platform for creator monetization (memberships, streaming, storefronts, tipping), headquartered in Dubai. (phoenixgroupuae.com)

Corporate leadership (as presented by the company)

Phoenix Group’s website lists board members including:

• H.E. Tareq Abdulraheem Al Hosani (Chairman of the Board) (phoenixgroupuae.com)
• Elham Al Qasim (Board Member) (phoenixgroupuae.com)
• Fadi Dahlan (Board Member & Chief Advisor) (phoenixgroupuae.com)
• Munaf Ali (Board Member, Co-founder & Group CEO) (phoenixgroupuae.com)

Listing and public-market profile

Phoenix Group publicly announced in December 2023 that it listed on the Abu Dhabi Securities Exchange (ADX), describing this as a first-of-its-kind Middle East listing for its category. (globenewswire.com)
Later company statements also refer to the trading symbol “PHX” on ADX. (globenewswire.com)

Social media and web presence

• Official website (as provided):
  text https://phoenixgroupuae.com/

• X / Twitter account (as provided):
  text https://twitter.com/phoenixgroupuae

A publicly indexed version of the account’s profile describes Phoenix Group as “Leaders in Bitcoin mining & digital asset infrastructure,” and shows the account handle @phoenixgroupuae. (twitter.com)