Blackstone deploys $250m in UAE tech platform amid geopolitical disruption
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Blackstone deploys $250m in UAE tech platform amid geopolitical disruption

privateequitywire
5 months ago
135 views
Blackstone has invested $250m in Advanced Digital Gaming Technology (ADGT), a UAE-based payments and data intelligence platform, marking the first private equity-backed inbound deal in the Gulf since the onset of the Iran conflict, according to a report by Reuters citing market data.
The investment comes against a backdrop of heightened geopolitical uncertainty following the escalation of tensions in late February, which has disrupted air travel, shipping and energy markets across the region. De...

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