Home Industry Finance BlackRock appoints MD for UAE, Oman and Bahrain The global financial giant has tapped former Mubadala and Goldman Sachs executive to lead its operations in the three GCC countries by Reuters June 12, 2024 Image credit: Blackrock BlackRock on Monday said it hired Mohammad Al Fahim as managing director and head of the UAE to look after its business in the country, together with Oman and Bahrain. “Mr. Al Fahim will lead all aspects of BlackRock’s client business to help deliver a diversified platform of investment solutions, including the firm’s growing private markets capabilities,” the global asset manager said in a statement. Al Fahim was previously with Goldman Sachs and helped established the Wall Street bank’s office in Abu Dhabi, the capital of the UAE and home to three sovereign wealth funds ADIA, Mubadala and ADQ. He also led the UAE business for Goldman Sachs asset management. Read: BlackRock to launch PIF-backed Saudi investment platform Tags ADQ BlackRock Goldman Sachs Oman UAE You might also like UAE launches basic health insurance for private sector workers, domestic staff Arab Health to mark 50th anniversary with landmark edition in Jan UAE launches new VAT refund system for online purchases by tourists Egypt’s grid boosted as UAE’s AMEA Power switches on 500MW solar plant
