BlackRock opens office in Saudi Arabia

Pedro Gonçalves
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BlackRock opens office in Saudi Arabia

BlackRock has opened an office in Saudi Arabia as the world's largest asset manager seeks investment opportunities in the kingdom and wider Middle East. A company spokesperson told Reuters the Riyadh office had opened recently and is headed by Yazeed Almubarak, who previously worked at Morgan Stanley and Saudi bank Jadwa Investment, according to his LinkedIn page. The New York-based company was a "substantial investor" in Saudi Aramco's inaugural dollar bond earlier this year, said chie...

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