#BlackRock

Bapco Energies sells stake in Saudi Bahrain Pipeline to BlackRock fund

Bapco Energies sells stake in Saudi Bahrain Pipeline to BlackRock fund

Bapco Energies and BlackRock signed another MOU to explore Bahraini infrastructure and decarbonisation projects in the future

New era of private credit growth highlights its opaque nature

New era of private credit growth highlights its opaque nature, Moody’s says

Private credit lenders have recently seen revived competition for financing from banks, which are the traditional lenders for leveraged buyouts

BlackRock acquires GIP (Photo by Andrew Burton/Getty Images)

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

PIF

Saudi’s PIF slashes holdings of US equities: Report

PIF saw its US-traded stock holdings plummet from $35bn at the end of 2023 to $18bn by March 31

BlackRock to launch PIF-backed Saudi investment platform

BlackRock to launch PIF-backed Saudi investment platform

The investment platform seeks to accelerate the growth of capital markets in Saudi Arabia

Bitcoin surges past $68,000, in sight of record high

Bitcoin soars above $68,000 as it nears 2021 all-time high

The cryptocurrency has gained 50 per cent this year amid a surge in inflows into US-listed bitcoin funds

BlackRock to invest up to $400m in Dubai decarbonisation firm

The investment from BlackRock is expected to help Positive Zero, a decentralised decarbonisation infrastructure business, with boosting energy transition projects in Gulf countries.

BlackRock

Abu Dhabi Crown Prince and BlackRock CEO discuss investment opportunities

The meeting discussed the array of opportunities available for global investors and international companies within the UAE

Mukesh Ambani Jio Financial Services

Mukesh Ambani’s Jio Financial makes disappointing debut on BSE, NSE

Jio Financial plans to digitally deliver a range of products in the non-banking financial consumer market in India

Moove

Moove raises $76m with investment from Mubadala, BlackRock

The round brings total funding to over $335m since inception across equity and debt

Jio Blackrock

Mukesh Ambani, BlackRock to launch new Indian venture

Jio Financial Services and BlackRock signed an agreement to form Jio BlackRock, an equal joint venture

AI in ESG

How can AI expose ‘very real’ ESG risks?

Artificial intelligence tools are gaining traction as demand to analyse huge amounts of data grows in the field of ESG risk analysis

PIF partners with Blackrock to explore investments in Saudi Arabia, Middle East

The two entities will collaborate to attract regional and international investors, and boost foreign direct investment into Saudi Arabia

Aramco closes $15.5bn BlackRock-led gas pipeline deal

Gas is a cleaner fuel than crude oil

Saudi oil discovery

Saudi Aramco awards $15.5bn pipeline deal

A group led by BlackRock will buy a 49 per cent stake in Aramco Gas Pipelines

Saudi wealth fund plans green bond, works with BlackRock on ESG

The kingdom is looking to boost its environmental credentials