Day: October 9, 2025

The World Bank has lifted its growth outlook for the region encompassing the Middle East, North Africa, Afghanistan and Pakistan for 2025, though it has trimmed its forecast for next year, citing global economic challenges and political instability, Reuters reported. The Washington-based lender said it now expected regional GDP growth across Middle East, North Africa,

Blackstone (NYSE: BX), the world’s largest alternative asset manager, and Lunate, an Abu Dhabi-based global investment management firm with over USD 110 billion in assets under management, today announced a strategic partnership to invest in logistics assets across the Gulf Cooperation Council region (“GCC”). Under the partnership, Blackstone, which is the largest owner of logistics assets globally