Blackstone to open Kuwait office after $16B oil pipeline deal
Blackstone’s commitment to a physical presence in the country comes even as Kuwait, which hosts multiple U.S. military facilities, has faced repeated threats from Iran
Yasser al-Zayyat/AFP via Getty Images
Vehicles drive down a highway in the capital Kuwait City
Just days after agreeing to participate in a $16 billion oil pipeline partnership in Kuwait, marking the largest foreign direct investment in the country’s history, Blackstone announced it would open an office in the country.
The New York-based...