Blackstone Invests $250 Million in UAE Despite War Disruption

Gulf AI deals continues to lure investors despite US-Iran war

Blackstone committed $250 million to a payment infrastructure platform in Abu Dhabi as the US investment firm's president lauded the UAE's strong investment credentials despite the conflict.

Blackstone invests $250M in UAE firm

Blackstone has invested $250 million in a new UAE payments and data intelligence platform aimed at the gambling market, offering a vote of confidence in the country’s future as it navigates conflict with Iran. Advanced Digital Gaming Technology brings together an eclectic group of backers and developers including Abu Dhabi investment firm Raya Holding, Canada’s NRT Technology, which processes payments for North American casinos, and fintech firm…

Blackstone Commits $250 Million to UAE Firm Despite Iran War

Xona's $170m flight, Blackstone's UAE bet, and Herbalife's bloody buy

Blackstone invests $250 million in UAE despite war disruption

Blackstone Backs UAE-Based Payments Platform ADGT with US$250 Million

Blackstone has invested US$250 million in Advanced Digital Gaming Technology (ADGT), a payments and data intelligence platform launched from the UAE to support regulated digital markets. Blackstone, Raya Holding, an Abu Dhabi-based investment firm, and technology partners NRT Technology and Sightline Payments established ADGT through a partnership. Headquartered in Abu Dhabi, the platform will initially focus on deployments in the UAE, the Middl…