DUBAI, March 26 (Reuters) - Blackstone has

invested $250 million in Advanced Digital Gaming Technology, a

new payments and data intelligence technology platform based in

the United Arab Emirates, the asset manager said in a statement

on Thursday.

It is the first private equity-backed inbound deal in the Gulf

region since the beginning of the Iran war, according to LSEG.

Companies and advisers are trying to proceed with other deals in

the Gulf, Reuters reported earlier this month, despite

uncertainty around the impact of the war, which started on

February 28 when the United States and Israel launched

coordinated strikes against Iran.

The conflict has disrupted air travel and shipping, and led

to an energy markets shock.

Here are some details:

* ADGT was set up through a strategic partnership between

Blackstone, Abu Dhabi-based investment company Raya Holding, and

technology partners NRT Technology and Sightline Payments.

* Headquartered in Abu Dhabi, ADGT aims to "support

regulated digital markets globally", Blackstone said. It did not

specify when the platform was established.

* ADGT will initially focus on deployments across the UAE,

the Middle East, Africa, and select international corridors. The

firm is the premier payments and compliance technology provider

to the UAE commercial gaming market.

* "We see significant opportunity to deploy capital at scale

in the UAE to build companies that can grow both domestically

and internationally, despite near-term headwinds," said

Blackstone President and Chief Operating Officer Jon Gray.

* Blackstone has $1.3 trillion in assets under management

and in the UAE it has invested in companies including

classifieds platform Property Finder.

* Prior to the deal on Thursday, the most recent PE-backed

inbound deal in the Gulf region had been VC firm Emergence

Capital's acquisition of Dubai-based automotive AI company

AlgoDriven in February.