BlackRock opens office in Riyadh

05/09/2019 Argaam

 

Global fund manager, BlackRock Inc., has opened an office in Riyadh, Reuters reported, citing a statement from the company spokesperson.

 

The office is currently headed by Yazeed Almubarak, who previously worked at Morgan Stanley and Saudi bank Jadwa Investment, the statement said.

 

As of June 30, 2019, the firm managed approximately $6.84 trillion in assets on behalf of investors worldwide. 

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