Associated tags: Standard Life, Retirement, Carbon, FTSE100, Phoenix Group, Pension, SunLife, Financial adviser, Renewable energy, Insurance, MetLife, Professional Services, Mobile, Longevity, Financial Conduct Authority, Human, FTSE, BPA, Heart, News, Asset management, MetLife Inc. v. Financial Stability Oversight Council, MET, NYSE, United Kingdom
Locations: NEW JERSEY, MINNEAPOLIS, HYDERABAD, EUROPE, SINGAPORE, ASIA, LONDON, NEW YORK, JAPAN, LATIN AMERICA, UNITED STATES, MIDDLE EAST, NORTH AMERICA, ASIA PACIFIC, UNITED KINGDOM, INDIA, UK, ABU DHABI, UAE, AE, ABU
Retrieved on:
Thursday, February 15, 2024
DUBAI, UAE, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Today Phoenix Group UAE announced exceptional financial performance for 2023.
Key Points:
- DUBAI, UAE, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Today Phoenix Group UAE announced exceptional financial performance for 2023.
- Besides a one-off outlier contract in 2022, sales experienced a remarkable surge of 20% year-on-year, underscoring robust organic growth.
- The company's core hosting and self-mining businesses witnessed substantial growth year on year growth of 119% and 480%, respectively.
- Investors can expect further positive developments in the coming months, as Phoenix continues to soar to new heights.
Bitcoin,
MD,
Partnership,
Mining,
Acquisition,
IPO,
USD,
ADX,
Abu Dhabi Securities Exchange,
Phoenix Group,
Growth,
Cryptocurrency "This latest deal, following our successful IPO and partnerships, signals our relentless pursuit of excellence and solidifies our leadership in this dynamic space," declared Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group.
Key Points:
- "This latest deal, following our successful IPO and partnerships, signals our relentless pursuit of excellence and solidifies our leadership in this dynamic space," declared Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group.
- "Partnering with titans like Bitmain and Whatsminer equips us with the best tech, fuels our growth, and redefines the future of efficient and sustainable mining."
- Phoenix Group acquires USD 187 million worth of top-tier Bitcoin mining machines from Bitmain.
- This move follows the company's historic multi million dollar partnership with Whatsminer and a successful IPO on the ADX.
Retrieved on:
Saturday, December 23, 2023
With Phoenix's investment, Lyvely's revolutionary platform leaps beyond the confines of e-commerce, fostering direct-to-consumer relationships through a unique blend of Web2 and Web3 features.
Key Points:
- With Phoenix's investment, Lyvely's revolutionary platform leaps beyond the confines of e-commerce, fostering direct-to-consumer relationships through a unique blend of Web2 and Web3 features.
- Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group, stated, "Phoenix Group's strategic investment in Lyvely illustrates and supports Phoenix's Vision to support home grown tech start-ups and the future of innovation.
- Farah Zafar, CEO of Lyvely and MD & Group CLO of Phoenix Group, elaborates, "This isn't just an investment – it's a strategic alliance between a Web3 powerhouse and tech innovators with the collective vision to revolutionise the way people monetise online and to empower everyone's digital and web3 footprint.
- This strategic investment by Phoenix Group is not just a capital infusion but a partnership between a major player in the Web3 world and a pioneering consumer tech platform.
Retrieved on:
Thursday, December 7, 2023
Bitcoin,
Phoenix Group,
Partnership,
Blockchain,
Mining,
ADX,
HPC,
Miner,
Growth,
Abu Dhabi Securities Exchange,
Cryptocurrency Phoenix Group, already partnered with and the exclusive distributor of WhatsMiner , is taking a significant leap forward by integrating hydro cooling miners in collaboration with WhatsMiner.
Key Points:
- Phoenix Group, already partnered with and the exclusive distributor of WhatsMiner , is taking a significant leap forward by integrating hydro cooling miners in collaboration with WhatsMiner.
- Our established partnership with WhatsMiner, now further enhanced by this deal, showcases our dedication to pioneering sustainable mining technologies, leading the industry towards a greener future.
- Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, shares, "This collaboration with Whatsminer is a milestone for Phoenix Group, reflecting our strategic foresight and commitment to pioneering in the tech industry.
- The ADX listing of Phoenix Group and the collaboration with Whatsminer mark a new era of growth and innovation for the company.
Retrieved on:
Tuesday, December 5, 2023
Bitcoin,
Phoenix Group,
PLC,
Mining,
MD,
Renewable energy,
ADX,
Security,
Growth,
IPO,
History,
Abu Dhabi Securities Exchange,
Cryptocurrency ABU DHABI, UAE, Dec. 05, 2023 (GLOBE NEWSWIRE) -- In a momentous event that marks a new era in the regional technology and financial sector, Phoenix Group PLC proudly announces its successful listing on the Abu Dhabi Securities Exchange (ADX).
Key Points:
- ABU DHABI, UAE, Dec. 05, 2023 (GLOBE NEWSWIRE) -- In a momentous event that marks a new era in the regional technology and financial sector, Phoenix Group PLC proudly announces its successful listing on the Abu Dhabi Securities Exchange (ADX).
- Phoenix Group PLC's public debut on ADX represents a significant leap in innovation and growth for the tech and blockchain sector.
- We extend our profound gratitude to the visionary leadership of Abu Dhabi and the Abu Dhabi Securities Exchange (ADX) for their unwavering support and foresight, which have been pivotal in achieving this landmark success.
- Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, stated: "Today's IPO is a testament to the power of vision, collaboration, and innovation.
Bitcoin,
Public policy,
Phoenix Group,
Public,
Mining,
MD,
Private sector,
ADX,
Optimism,
Growth,
IPO,
Abu Dhabi Securities Exchange,
Security (finance) ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023.
Key Points:
- ABU DHABI, UAE, Dec. 03, 2023 (GLOBE NEWSWIRE) -- Phoenix Group PLC, a trailblazer in the cryptocurrency mining and blockchain industry, proudly announces its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX), slated for December 5th, 2023.
- Bijan Alizadehfard, Co-Founder & Group CEO of Phoenix Group PLC, remarked, "As we approach our IPO, we're thrilled to unveil our ambitious vision for the future.
- Munaf Ali, Co-Founder & Group MD of Phoenix Group PLC, also shared, "The momentum building up to our IPO reflects the excitement and optimism for our future endeavors.
- This is a pivotal moment for us to propel Phoenix Group into a new era of growth and global impact."
Retrieved on:
Tuesday, November 28, 2023
To honor this occasion and ensure comprehensive participation in the IPO, Phoenix Group PLC has rescheduled its listing date to December 5th, 2023.
Key Points:
- To honor this occasion and ensure comprehensive participation in the IPO, Phoenix Group PLC has rescheduled its listing date to December 5th, 2023.
- "With profound respect for the UAE's traditions and in celebration of the National Day, we have moved our IPO date to December 5th," stated Bijan, Group CEO of Phoenix Group PLC.
- Phoenix Group PLC advises all interested investors and parties to take note of the new IPO date.
- "We anticipate a warm reception from investors when we list on ADX this December 5th," added Munaf, Group MD of Phoenix Group PLC.
Retrieved on:
Tuesday, November 21, 2023
The company's offer of 907,323,529 shares has seen an overwhelming demand, particularly from retail investors who oversubscribed by 180 times.
Key Points:
- The company's offer of 907,323,529 shares has seen an overwhelming demand, particularly from retail investors who oversubscribed by 180 times.
- Professional investors also showed strong support, contributing to a 22-fold oversubscription, underscoring the strength and potential of Phoenix Group.
- The listing, scheduled for December 4, 2023, under the trading symbol PHX, marks a new era for Phoenix Group.
- The company looks forward to embarking on its next phase of growth and innovation as it prepares for its public listing.
Retrieved on:
Thursday, November 16, 2023
Lead management,
Phoenix Group,
Abu Dhabi Securities Exchange,
First Abu Dhabi Bank,
AED,
Blockchain,
Prospectus,
Security,
Growth,
Lead,
Cryptocurrency A leading innovator in the blockchain and cryptocurrency space, is pleased to announce the start of its offer period beginning November 16, 2023.
Key Points:
- A leading innovator in the blockchain and cryptocurrency space, is pleased to announce the start of its offer period beginning November 16, 2023.
- This offering comes at a time when Phoenix Group is expanding its influence and is poised for significant growth.
- Investors are invited to apply for shares within the offer period and be a part of Phoenix Group's exciting future.
- For detailed information on the subscription process and to view the prospectus, please visit the Phoenix Group website or contact the Lead Receiving Bank.
Retrieved on:
Wednesday, February 8, 2023
Technology,
Mobile,
Wireless,
Retail,
Other Professional Services,
Insurance,
Consumer,
Consulting,
Professional Services,
Other Retail,
Software,
Networks,
Other Consumer,
Internet,
Data Management,
TCS,
NSE,
Tata Consultancy Services,
Retirement,
Operation Reassurance,
Joint Innovation Lab,
Pension,
Phoenix Group,
Policy,
Partnership,
Growth,
BSE,
Environment,
Asset management Phoenix Group acquired ReAssure, a UK-based life insurance provider, in 2020, and has now engaged with TCS to drive synergies and enhance customer experience for ReAssure's policyholders.
Key Points:
- Phoenix Group acquired ReAssure, a UK-based life insurance provider, in 2020, and has now engaged with TCS to drive synergies and enhance customer experience for ReAssure's policyholders.
- Customer administration and servicing of ReAssure’s 3 million policies will be managed by Diligenta, TCS’ regulated subsidiary in the UK, on behalf of Phoenix Group.
- TCS’ solution will help Phoenix transform the end-to-end customer service through self-service across channels and analytics to enhance customer satisfaction and retention.
- We are delighted to further expand our long-standing partnership with Phoenix Group to digitally transform its ReAssure business, drive synergies and improve the end-to-end customer experience,” said R Vivekanand, President, BFSI Products & Platforms, TCS.
