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Sky News
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Swedish private equity firm EQT announced the launch of its platform in the Middle East and the opening of an office in Abu Dhabi to strengthen its presence in the Gulf region. The office aims to develop relationships with investors and companies within the Gulf Cooperation Council, and is led by the Gulf Region Head, Smeit Baltagiti. This expansion comes as part of the company's strategy to capitalize on Abu Dhabi's strong financial environment, amid ongoing growth in the number of financial institutions in the region, which increased by 27% in the first half of 2026, reflecting investor confidence and the market's potential in the Gulf.
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