BlackRock is opening a Saudi investment firm with initial $5 billion from PIF

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ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

The new platform will be called BlackRock Riyadh Investment Management, or BRIM.

Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund , the kingdom's sovereign wealth fund.BlackRock CEO Larry Fink said in a statement that the kingdom"has become an increasingly attractive destination for international investment as Vision 2030 comes to life."

The announcement Tuesday followed the signing of a memorandum of understanding between BlackRock's Saudi division and the PIF with the aim of spurring capital markets growth in the oil-rich Gulf country. Central to that effort is bringing major international institutions, investment, and foreign talent into Saudi Arabia itself.further growth in the Saudi capital market ecosystem and enable a growing international investment management sector based in Saudi Arabia," the press statement said.

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ایران آخرین اخبار, ایران سرفصلها

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BlackRock is opening a Saudi investment firm with initial $5 billion from PIFThe new platform will be called BlackRock Riyadh Investment Management, or BRIM.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »