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Finance & Markets

SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.

SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

Read the original at coindesk.com →

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ALAHLIREIT FUND 1 DISTRIBUTES 34.375 MILLION SAR IN CASH DIVIDENDS FOR Q2 2026

Riyadh, Saudi Arabia — SNB Capital Company will distribute 34,375,000 SAR in cash dividends to unitholders of AlAhli REIT Fund (1).

  • AlAhli REIT Fund 1 distributes 34.375 million SAR in Q2 2026 cash dividends.
  • 137.5 million units receive 0.25 SAR per unit, representing 2.40% of net asset value.
  • Eligibility requires registration by September 20, 2026, with payments processed in 15 days.

KRA customs collections hit Ksh90B, beat target

The Kenya Revenue Authority (KRA) has surpassed its September 2026 customs revenue target, collecting Ksh90.053 billion against a target of Ksh89.088 billion.

  • Kenya Revenue Authority collected Ksh90.053 billion in customs revenue in September 2026.
  • Exceeded target of Ksh89.088 billion by 101.1% and Ksh965 million.
  • Non-oil revenue also surpassed target at Ksh57.199 billion.

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