Blackstone to Reopen Office in Dubai's DIFC

Jul 24, 2026

55 min

Jul 24, 2026 13:30

World's largest alternative asset manager Blackstone plans Dubai return with DIFC office

## Blackstone's Strategic Move

Blackstone, the leading alternative asset manager globally, is set to reestablish its presence in Dubai by opening an office in the Dubai International Financial Centre (DIFC). This move comes six years after the firm shifted its regional base to Abu Dhabi.

## Strengthening Gulf Presence

The decision to return to Dubai aligns with the emirate's growing appeal to international investors and financial entities. Dubai's investment-friendly environment and recent residency reforms have attracted numerous asset managers and financial institutions to the region.

## Continued Operations in Abu Dhabi

Despite the new office in Dubai, Blackstone will maintain its operations in Abu Dhabi, which hosts some of the world's largest sovereign wealth funds. This dual presence underscores the firm's commitment to the Gulf region.

## Expanding Investments

Blackstone manages $1.35 trillion in assets, spanning private equity, real estate, and credit. The firm has been actively expanding its investments in the Gulf, including stakes in Dubai-based Property Finder and a joint venture with Dubai Aerospace Enterprise. Additionally, Blackstone is reportedly bidding for a stake in Kuwait Petroleum Corporation's oil pipeline network.

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