BlackRock to Open Office in Kuwait Amid Gulf Expansion Strategy

Key Takeaways BlackRock is opening a Kuwait office led by Ali AlQadhi to grow its regional operations.The expansion aligns with Kuwait's 2035 vision and supports capital markets development.BLK earlier secured licenses in Abu Dhabi and Riyadh as part of its Gulf expansion initiative.BlackRock Inc. (BLK) is set to establish an office in Kuwait and has appointed Ali AlQadhi as the head of operations for the region. This was first reported by KUNA, a Kuwaiti state news agency.Rationale Behind BlackRock’s MoveB ...