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Blackstone, the world's largest alternative asset manager, announced plans to open an office in Kuwait in the third quarter of 2026, in order to strengthen its presence in the Gulf Cooperation Council countries. This decision follows its participation in developing Kuwait’s $16 billion oil export pipeline network, the largest in Kuwait’s history. It is considered a significant step to support the country’s economic diversification efforts through private capital investments. This move is expected to help establish Kuwait as a regional financial and commercial hub, with the company expanding its regional presence in the coming year.
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