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Phoenix Group

Venture capital

Abu Dhabi · 10 people tracked

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Investment thesis

Phoenix Group is a UAE-headquartered, publicly listed (ADX: PHX) global digital infrastructure platform that develops, owns, and operates energy-anchored data center facilities for AI, high-performance computing, and Bitcoin mining across six countries.

Invests inCrypto & Web3Abu DhabiCanadaEthiopiaFranceGlobalOmanUnited Arab EmiratesUnited States

Source: firm website, verified Aug 2, 2026.

HQ
Abu Dhabi, AE
Founded
2017

Team · 10 people

from the firm's website
Munaf Ali· Board Member, Co-founder & CEO

Co-founder and CEO of Phoenix Group with over 20 years of capital markets experience, including prior executive banking roles at Citigroup in London and the UAE. He has built billion-dollar businesses across hospitality, leisure, and blockchain.

Alireza Ardebili· CTO Phoenix Mining

Chief Technology Officer of Phoenix Mining overseeing global technical operations, with nearly two decades of experience in networking, systems administration, blockchain, and software development across Europe and the GCC.

Farah Zafar· Managing Director & Chief Legal Officer

Managing Director and Chief Legal Officer with 23 years of Middle East experience, having held C-level roles at entities including Omniyat, Dubai Holding, and Saudi Arabia's Public Investment Fund, and led government-to-government transactions across the GCC.

Lucien Harrington· Chief Marketing Officer

CMO with senior leadership experience at brands such as Disney and Time Warner and agencies including FutureBrand and Lynxeye. Most recently Group VP of Brands & Campaigns at Cenomi.

Muhammad Aasil Basharat· Global Head of Human Resources

HR Director with over a decade of experience in talent strategy and organizational development, having previously led the hiring of over 5,000 professionals in the UAE.

Omar Maursy· Chief Operating Officer

COO responsible for translating strategy into execution across Phoenix's global operations. Previously spent nearly 17 years at S&P Global Market Intelligence in senior leadership roles across Dubai and London.

Phillip Ross· Director - Data Center Design and Development

Leads the design and delivery of Phoenix's data centre portfolio, with nearly two decades of critical infrastructure experience across roles at AtlasEdge, NTT, CBRE, and Johnson Controls, and a start in the Royal Navy.

Sheharyar Malhi· Chief Financial Officer

CFO who played a pivotal role in Phoenix Group's IPO. Previously CFO of Europe's largest hedge fund platform and a Director at KPMG's Oslo office; a Chartered Accountant and LSE alumnus.

Soheib Ghizali· Head of Investor Relations and Engagement

Head of Investor Relations and Engagement, a business strategist in financial services and technology who advises companies on UAE IPO listings. Holds an MBA from Marquette University and a Master's in Data Science & AI.

Soheib Ghzali· Head of Investor Relations

Frequently asked questions

What sectors does Phoenix Group focus on?
Phoenix Group focuses on Crypto & Web3.
Where is Phoenix Group located?
Phoenix Group is headquartered in Abu Dhabi, AE.

Media · Podcasts & interviews

featuring the team

Inside Bitcoin Mining: My interview with Munaf Ali, Founder and CEO at Phoenix Group - YouTube

Henri Arslanian · Munaf Ali

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