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This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...
Arabian Gulf Business Insight on MSN3d
BlackRock-led group to invest $10bn in Aramco gas project
A group led by US asset manager BlackRock is reportedly in talks to invest around $10 billion in a pipeline and gas-fired power plants associated with Saudi Aramco’s giant Jafurah shale gas project.
DUBAI/LONDON: Saudi Aramco is close to a deal to raise around $10 billion from a group led by BlackRock that has been set up ...
Jafurah remains a strategic priority for Aramco as Saudi heavyweight advances several projects aimed at increasing the ...
BlackRock is embracing the world’s largest oil company. The $109 billion asset manager run by Larry Fink said on Monday it would add Saudi Aramco Chief Executive Amin Nasser to its 16-strong board.
BlackRock-led investors in Saudi Aramco's gas pipelines network have hired banks to arrange investor meetings ahead of a potential sale of bonds, a bank document showed on Tuesday, to refinance a ...
So the investment giant’s decision on Monday to name Amin Nasser, the C.E.O. of Saudi Arabia’s oil company Aramco, to its board feels like a major reversal, despite its claims that the move ...
BlackRock this week named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the investment firm’s commitment to the oil industry.
Asset manager BlackRock will launch an investment platform in Riyadh with the help of a $5 billion anchor investment from Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund.