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Bloomberg

Blackstone, Pimco Target Gulf’s Multibillion-Dollar Buildout

Thursday, November 12, 2026


Blackstone and Pimco are targeting infrastructure investment opportunities in the Middle East as Gulf governments expand access to outside investors for development projects, according to Reuters. The firms join other major asset managers deploying capital in the region's multibillion-dollar construction and infrastructure sector. No specific project names, deal values, or timelines were provided.

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