Emirates Phoenix Group: Operations Continue Amidst Middle East Tensions

Phoenix Group PLC is a UAE-based equipment distributor, manufacturer of MicroBT and distributor of ledger digital wallets and cool wallets across the Middle East and Africa. The Company offers trading of high-performance computing machines and data center hosting. The Company develops, operates and manages specialized data centers, hosting high-performance computing power for digital assets in the United Arab Emirates, Oman, the United States of America and Canada; it also hosts, operates and maintains equipment within its existing data centers and enables investment opportunities in cloud mining. The Company operates approximately 30 subsidiaries, which include M/s Phoenix world Electronics Trading LLC, M/s Mega Phoenix Electronics Trading LLC, M/s PTC Clod Tech FZCO and M/S Phoenix Ventures Limited, among others.