UAE's Phoenix Group Says No Undisclosed Material Information for Share Price Decline

12:28 AM EDT, 07/28/2026 (MT Newswires) -- Phoenix Group (ADX:PHX) said Monday that there are no new developments or undisclosed material information that led to a decline in its share price. The digital infrastructure company released the statement after its share price tanked 4.251% on the Abu Dhabi bourse at the close of Monday trading.