Mideast Money

Blue Owl Woes Are a Test for Private Credit's Middle East Backers

Also: Abu Dhabi’s MGX is racing toward a target of more than $100 billion in assets under management.
Tourists take photographs at the Corniche waterfront promenade in Abu Dhabi.Photographer: Vidhyaa Chandramohan/Bloomberg
Lock
This article is for subscribers only.

Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. You can sign up here.

This week : MGX’s $10 billion-a-year AI ambition, Blackstone’s Gray sees a “ tipping point ” for deals in the Mideast, Mubadala boosts its Bitcoin bets , and billionaire brothers are betting on Syria’s reconstruction.