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Qareeb Partners With Pantheon For GCC Bitcoin Mining Expansion
The edge data center provider has teamed with the Bitcoin mining leader in a bid to expand regional mining facilities and strengthen digital infrastructure.
The Middle East’s first edge data center provider, Qareeb, has joined forces with Pantheon, a global leader in Bitcoin mining services, to expand mining operations across the GCC. The two companies have signed a Memorandum of Understanding (MoU), laying the groundwork for a strategic collaboration that will also strengthen the region’s digital infrastructure.
Under the agreement, Qareeb will take the lead in securing prime locations for Pantheon’s Bitcoin mining facilities, strategically placing them near Qareeb’s existing and upcoming data center sites. Beyond site acquisition, Qareeb will also handle the construction and operational setup of the facilities, ensuring they are fully equipped and supported with engineering, security, and facility management services.
Annemarie van Zadelhoff, Chief Strategy Officer at Qareeb, highlighted the significance of this partnership: “Partnering with Pantheon represents a significant opportunity for Qareeb. By leveraging our expertise in turnkey project management, site acquisition, permitting, and operations, we are proud to ensure Pantheon’s facilities are fully fitted, operational, and supported by our 24/7 regional team. This partnership reflects our shared commitment to building a future-ready digital infrastructure and setting new standards for innovation and resilience in the region”.
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Nick van Houtrijve, COO and Founder of Pantheon, emphasized the strategic nature of this expansion: “Pantheon’s expansion into the GCC is a strategic milestone as we continue to set new benchmarks for operational efficiency and performance. This partnership with Qareeb enables us to establish robust infrastructure in one of the fastest-growing Bitcoin mining markets globally”.
Finally, Jim Niemeijer, Head of Business Development at Pantheon, added: “With Qareeb’s unparalleled regional expertise and our capabilities, we are confident in delivering value to our investors and clients. Together, we’re creating a blueprint for the future of digital finance”.
The Qareeb and Pantheon collaboration marks a significant step in advancing Bitcoin mining capabilities in the Middle East, and will certainly help GCC countries to position themselves as global Bitcoin and crypto mining hubs.
News
LUVED Is A New Curated Preloved Marketplace For The UAE
Sellers keep 100 percent of every sale and AI can build a listing in five seconds — though the app’s smartest tools are still coming.
Secondhand shopping has become mainstream in the UAE, but the experience is still scattered across resale sites, social media and informal group chats. LUVED, a mobile-first marketplace that launched in Dubai this month, is betting it can pull that activity into one place — and that the thing buyers and sellers actually want is not more inventory, but trust.
The app trades in what it calls circular luxury: preloved fashion and lifestyle pieces across men’s, women’s and children’s categories, bought, sold or given away peer to peer. Its main pitch is economics, with sellers keeping 100 percent of every sale under a zero-commission, fast payout model, while buyers are promised vetted pieces at lower prices.
Where LUVED is staking its reputation is verification. Sellers pass a KYC check, and items run through a two-layer authentication system powered by Entrupy that pairs instant AI screening with human expert review for high-value pieces. Authenticity certificates travel with each item, payments sit in escrow, and a buyer-protection package the company calls The Safety Net adds a 48-hour return window and dispute resolution. Door-to-door logistics removes the in-person meetups that make most resale deals awkward.
An in-app assistant called Luvbot — offering selling insights and demand-based recommendations — is soon to be introduced to the platform. Other features include autofill and dynamic pricing that lets users build a listing in as little as five seconds from three photos, plus a swipe-based feed, story-style drops and in-app chat in English and Arabic. Finally, a gifting layer, Luved & Gifted, lets users pass items to others inside the app rather than sell them.
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“After moving to Dubai, I saw how difficult it was to sell or even give things away,” says founder and CEO Shaima Sibtain. The friction is real, and so is the competition. In resale, trust is won transaction by transaction — and that is the test LUVED has set itself.
The app is live on the App Store now, with Google Play to follow. The company also plans to expand across the region, which will be the real test for a marketplace staking everything on trust.
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