BlackRock gets license to operate in Abu Dhabi, expanding its presence in the Middle East.

BlackRock, a leading global investment manager, has been granted a commercial license to operate in Abu Dhabi's financial center, ADGM. This move allows the firm to conduct various investment activities and strengthen ties with local wealth managers and sovereign funds. It follows BlackRock's recent approval to set up regional headquarters in Saudi Arabia, highlighting its commitment to expanding in the Middle East.

November 18, 2024
4 Articles