Center point building Saudi arabia

About BlackRock in Saudi Arabia

Who we are

BlackRock is a global investment manager and technology provider who helps investors of all types achieve their financial goals. We established our local office in 2019 and are committed to helping more and more people plan for their financial future. No matter what your goals may be, at BlackRock, we are invested in you.
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What we do

As an asset manager and fiduciary, we help our clients and the people they serve save for retirement, pay for their children’s educations, buy homes, and start new businesses.

Finding new ways to contribute to a more inclusive and resilient future has been our purpose from day one, set by our founders who still work here tirelessly to achieve it.

Where we stand

Corporate sustainability
Corporate sustainability
We put an unwavering focus on long-term sustainability and ensure it is embedded across our entire business.
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Investment Stewardship
Investment Stewardship
We engage with companies to inform our voting and promote sound corporate governance that is consistent with sustainable, long-term value creation.
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Company overview and shareholders

BlackRock Saudi Arabia Company was established as a single shareholder closed joint stock company, Commercial Registration No. 1010479419, on 19 November 2018. The Company was authorised by the Capital Market Authority ("CMA"), license no. 18-192-30, in 2 July 2018 to engage in Advising in Securities Business and commenced its business on 28 October 2019. BlackRock Saudi Arabia received the CMA approval to commence the Managing investments and operating funds activities in 17 February 2022.

BlackRock Saudi Arabia provide BlackRock’s products and services to sophisticated investors. 

The Company is a wholly owned subsidiary of BlackRock Group Limited (“BGL”) and currently has paid up share capital of SAR 35,000,000.

 

Frequently asked questions

At BlackRock, we help our clients and the people they serve save for retirement, pay for their children's educations, buy homes, and start businesses. As a fiduciary and asset manager, BlackRock manages investments on behalf of our clients, helping millions of people round the world invest to build savings that serve them throughout their lives.

BlackRock started in 1988 with eight people in a single room, and since then has evolved into a global company trusted to manage more assets than any other investment company in the world. Throughout our history, we've continued to find new ways to contribute to a more equitable and resilient future for everyone. That's been our purpose from day one, set by our founders who still work here to this day.

Our clients place their trust in BlackRock to manage their investments, in large part because we offer more choice than any other firm in our industry. Our global platform, which is powered by data analytics, advanced technology, deep market expertise and a diverse group of people, is designed to help our clients become financially empowered and better positioned to meet the financial goals that matter most to them.

BlackRock is a publicly listed company and made its Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) on October 1st 1999, for $14 a share. Larry Fink is the Chairman, Chief Executive Officer, and founder along with seven other partners, who had a single shared mission of helping more and more people experience financial well-being.