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Bitcoin $89,164.45 -3.34%
Ethereum $3,017.60 -3.53%
BNB $880.32 -2.08%
Optimism $0.30 -6.73%
Arbitrum $0.20 -6.71%
Solana $132.18 -5.06%
Polygon $0.22 +2.77%
Cosmos $2.17 -6.11%
Avalanche $13.29 -7.99%

The chairman of MGX is the son of the first president of the UAE and the younger brother of the current president.

according to the MGX official website, MGX Chairman Tahnoon bin Zayed is the Vice President of the United Arab Emirates and the National Security Advisor of the United Arab Emirates. He is the son of the first President of the United Arab Emirates, Sheikh Zayed Bin Sultan Al-Nahayan, and the brother of the current President of the United Arab Emirates, Mohamed Bin Zayed Al-Nahyan. The 56-year-old Tahnoon bin Zayed controls two sovereign wealth funds with assets totaling up to $1.4 trillion.

MGX Fund Management Limited is a United Arab Emirates state-owned artificial intelligence technology investment company. MGX was established by the Abu Dhabi government in 2024 with the aim of becoming a tool for AI-driven investments, with the goal of managing $100 billion in assets. It focuses on accelerating the development and adoption of artificial intelligence and advanced technology through establishing leading partnerships in the United Arab Emirates and globally.

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The chairman of MGX is the son of the first president of the UAE and the younger brother of the current president.

All Comments

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Economists expect the Federal Reserve to cut interest rates in December, with two more cuts possible in 2026.

Bank of America: Markets will soon digest expectations of a Fed rate cut in January.

He Lifeng held a video call with U.S. Treasury Secretary Bessant and Trade Representative Greer.

Hassett: No discussion with US President Trump regarding the Federal Reserve Chair (selection)

White House National Economic Council Director Hassett: It's Time for the Fed to Cautiously Cut Interest Rates

The yield on the 10-year U.S. Treasury note rose 2 basis points to 4.12%, a new high since November 2020.

Social media platform "X" has been fined €120 million by the European Union for violating content regulations.

Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

Balancer DAO Starts Discussing $8M Recovery Plan After $110M Exploit Cut TVL by Two-Thirds

US investors consider crypto less as risk-taking drops: FINRA study

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