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The BlackRock logo is displayed at the company’s headquarters in New York City on Nov. 14, 2022.
Leonardo Munoz | Getty Images
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.
The announcement Tuesday followed the signing of a memorandum of understanding between BlackRock’s Saudi division and the…
