An all-cash deal of $525 million with Blackstone Real Estate will bring 1,500 hotels to Oyo’s international portfolio
Blackstone
Latest in Blackstone
Blackstone
Singapore’s Temasek close to buying 20% in visa services provider VFS Global: Report
The deal may value VFS Global at $7 billion including debt
Blackstone
Blackstone mulls $7bn sale of visa services giant VFS Global
Blackstone acquired its majority stake in VFS Global from EQT AB in 2022 for an undisclosed amount
Abu Dhabi
Abu Dhabi: Invest AD’s new fund to give UAE investors premier access to Blackstone’s $295bn credit business
The SCA regulated Invest AD Blackstone Private Debt Fund will bring Blackstone’s institutional-calibre credit platform to qualified non-US investors
Blackstone
Consortium completes exit from GEMS Education investments
Sale completed of around 30% stake in Dubai education giant to consortium led by CVC Capital Partners
Blackstone
Blackstone launches new MENA-focused energy development company
Zarou will focus on thermal and renewable power opportunities, and gas midstream and water assets
ACWA Power
From Lucid to Tesla: Saudi’s Public Investment Fund goes on spending spree
The investments are part of plans to turn the PIF into the world’s biggest sovereign fund with more than $2 trillion in assets by 2030
Blackstone
Blackstone said to raise $5bn for Saudi-backed infrastructure fund
Public Investment Fund of Saudi Arabia pledged as much as $20 billion, on the condition that every dollar would be matched against commitments from other investors
Blackstone
Dubai’s GEMS said to delay IPO amid freeze on school fees
Sources say school operator is studying the potential impact on its earnings projections following a decision to keep private school fees unchanged for a year