This deal is part of a strategy by Gulf oil producers to raise capital for economic diversification while offering investors ...

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 ...

A BlackRock-led consortium is set to inject $10 billion into the vital pipeline infrastructure of Saudi Aramco's Jafurah gas ...

Arabian Post Staff -Dubai BlackRock Inc is reportedly engaged in discussions with Saudi Aramco over the future ownership of its stake in th Tuesday, 02 January 2024 12:17 GMT عربي ...

The stake dates back to 2021, when a consortium led by BlackRock invested $15.5 billion to acquire 49% of a company holding leasing rights over Aramco’s gas pipelines.

BlackRock (NYSE:BLK) is reportedly in talks to sell its stake in Aramco’s natural-gas pipeline network, marking a significant shift in its asset strategy. This move coincides with a remarkable 32% ...

BlackRock, meanwhile, has continued to deepen its ties across the Middle East. It was the first global investment manager to establish an office in Riyadh and has active investments across Gulf ...