BlackRock’s Bold Move in the Middle East Secures License To Abu Dhabi 

Quick Summary:

The company has secured a license to operate in Abu Dhabi.

This move follows approval for a regional headquarters in Riyadh and a $5 billion boost from Saudi Arabia’s Public Investment Fund.

To lead its operations in the UAE, BlackRock has appointed Mohammad Alfahim as the head of its local business.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United StatesSaudi Arabia

Topics: Dhabi East Approval Riyadh Global Blackrock Company Investment Billion Crypto Middle

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 12:39:25 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 272 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23658274

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