Blackstone & Lunate to change cargo and logistics infra in GCC

Blackstone and Abu Dhabi-based firm, Lunate, have joined forces to invest in cargo and logistics assets across the GCC. Jon Gray, President and COO, Blackstone, said the partnership combines their global logistics expertise with Lunate’s strong regional presence to build a pan-GCC platform at scale. The partnership will establish Gulf Logistics Infrastructure Development Enterprise (GLIDE), dedicated to developing, acquiring, and managing Grade A logistics and cargo facilities across the GCC. GLIDE will provide investors access to high-quality cargo and logistics assets, while supporting the development of critical infrastructure across the region. Dedicated teams across the GCC will oversee operations, while additional strategic partners are expected to join the initiative. The move underscores the GCC’s growing cargo sector as a key frontier for investment and supply chain modernisation.