July 31, 2025

Abu Dhabi‑based Phoenix Group PLC, a digital asset infrastructure firm, reported robust Q2 2025 performance: publicly disclosing a crypto treasury worth over US $150 million and expanding its operations into blockchain mining and AI integration. The company also saw a 72% surge in its stock price during the quarter. This strategic treasury move highlights institutional backing for digital assets in […]

Despite a surge in stablecoin-related thefts in the MENA region, adoption remains strong. Experts predict theft volumes could reach US $4 billion by year-end, with the UAE recording the highest per-incident losses (~$80,000). However, industry insiders assert that rising crimes will not meaningfully slow adoption, citing stablecoins’ utility and blockchain traceability advantages. Source: agbi.com

The UAE unveiled its Open Finance system in partnership with Abu Dhabi Commercial Bank (ADCB), allowing consumers and businesses to share financial data securely through licensed APIs. This framework—part of the Central Bank’s Al Tareq platform—empowers users with control over data sharing, faster access to credit, and seamless integration of financial services via digital ecosystems like Talabat.  Source:

A recent Reuters poll (conducted July 15–28) elevated MENA region GDP growth projections to 3.2% in 2025. Saudi Arabia is forecast to grow at 3.8%, the UAE at 4.8%, while Qatar is expected to grow 2.7% in 2025, accelerating to 5.4% in 2026. Oman and Kuwait are also projected to reach three-year growth peaks, driven by oil output increases, diversification

Despite the broader rally, weakness in some earnings curbed further momentum. Saudi’s index slipped 0.1% due to disappointing results from firms like Halwani Brothers. Dubai remained flat after a 17% drop in Mashreqbank’s profits, while Abu Dhabi and Qatar markets edged down amid cautious investor positioning ahead of ongoing U.S.–China trade developments.  Source: reuters.com