ABOUT US

BlackRock in Saudi Arabia

BlackRock is one of the global leaders in investment, advisory and risk management solutions dedicated to helping people invest better.

 

We opened our first office in the Middle East in 2009, establishing our Riyadh office in 2019 and also have locations in Dubai, Riyadh, Abu Dhabi, and Doha. Everything we do is focused on helping our clients and the people they serve achieve their financial goals, inspiring our employees, and supporting our local communities.

Riyadh Office

Our Presence

$128
billion AUM* on behalf of clients in the Middle East
Increase100
Middle East located employees
4
Offices in the Middle East

*BlackRock, as of 31 March 2025

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 our clients, helping millions of people around 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. 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.

BlackRock as of 30 June 2025