ruya becomes first Islamic bank globally to offer Virtual Asset Investments including Bitcoin

ruya becomes first Islamic bank globally to offer Virtual Asset Investments including Bitcoin

Ajman, UAE: ruya (رويا), the UAE’s digital-first Islamic bank, is proud to announce a pioneering step in the region’s banking industry. In an unprecedented move, ruya has become the first Islamic bank globally to enable customers to buy and sell virtual assets, commonly known as “cryptocurrencies” including Bitcoin, directly through its mobile app. This service is part of ruya’s broader […]

Phoenix Group’s Bitcoin Mining Revenue soars 236% YoY, fuelled by Strategic Global Expansion

Phoenix Group’s Bitcoin Mining Revenue soars 236% YoY, fuelled by Strategic Global Expansion

Abu Dhabi, UAE – Phoenix Group PLC (ADX:PHX), ADX-listed technology leader, today announced a remarkable 236% year-over-year (YoY) surge in revenue for FY 2024, solidifying its position as a driving force in the global digital asset ecosystem. The company’s mining revenue reached $107 million in 2024, a significant leap from $32 million in 2023 and $5.4 million in 2022. This […]

Qareeb and Pantheon forge strategic partnership for rollout of Bitcoin Mining Data Centres across GCC

Qareeb and Pantheon forge strategic partnership for rollout of Bitcoin Mining Data Centres across GCC

Manama, Bahrain: Qareeb Data Centres, the Middle East’s first edge data centre provider, and Pantheon, a full-service global Bitcoin mining service provider, announced today they have signed a Memorandum of Understanding (MoU). This MOU sets out a strategic partnership between Pantheon and Qareeb to cover the rollout of Pantheon Bitcoin mining data centres across the Middle East region. […]

Bitcoin hits record above $109,000 awaiting Trump

Bitcoin hits record above $109,000 awaiting Trump

London – Bitcoin soared to a record high of $109,241 on Monday as anticipation grew over Donald Trump’s impending inauguration as the next U.S. president. The cryptocurrency briefly surged past the historic milestone before settling at around $107,500. The world’s largest cryptocurrency has been on a remarkable rally since Trump’s victory in November’s presidential election, […]