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Blackstone plans to open an office in Kuwait during the third quarter of 2026, as part of its efforts to strengthen its presence in the Gulf Cooperation Council countries. This decision reflects growing confidence in the Kuwaiti economy, with officials indicating that the presence of global companies in the country enhances its position as a destination for investment and sustainable growth, and qualifies it to become an important commercial and financial hub in the region. The company anticipates that private equity investments will support Kuwait's long-term economic diversification efforts, and it also aims to open additional offices in the region next year.
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