Skip to main content

Saudi Public Investment Fund partners with BlackRock

The US investment firm also signed a cooperation deal with the UAE earlier this year. 
The headquarters of BlackRock on Nov. 4, 2021, in New York City.

Saudi Arabia’s sovereign wealth fund announced today a partnership with a major US investment firm. 

The Public Investment Fund and BlackRock signed a nonbinding memorandum of understanding on joint investments in infrastructure in Saudi Arabia. The investments will target the following sectors:

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.