New York-based company is world’s largest asset manager
BlackRock
Abu Dhabi National Oil Company
UAE’s Adnoc closes $600m pipelines deal with Singapore’s SWF
Abu Dhabi National Oil Company says GIC deal marks the completion of the total investment transaction worth $4.9bn
Abu Dhabi economy
Singapore’s GIC to invest $600m in Adnoc’s pipelines
Abu Dhabi National Oil Company says it has entered into a follow-on pipeline infrastructure investment agreement with GIC
BlackRock
London beats New York in attracting Saudi ETF investor billions
Saudi stocks have outperformed as index compilers including MSCI promote the biggest market in the Middle East and Africa to their major emerging-market benchmarks
ADNOC
Abu Dhabi said to weigh multi-billion dollar gas pipeline deal
Adnoc is speaking to financial advisers about bringing in international investors for the pipelines, which could help raise $5bn or more
BlackRock
Blackrock CEO says changes in Saudi Arabia are ‘pretty amazing’
BlackRock plans to open an office in Saudi Arabia as the world’s largest asset manager seeks investment opportunities in the kingdom
Abu Dhabi
Abu Dhabi Pension Fund announces $300m investment in Adnoc pipelines
The fund will acquire a 3% stake in Adnoc Oil Pipelines
BlackRock
Saudi shares overtake Turkey as destination for US funds
The amount of money that US-based investors are pouring into Saudi Arabian equities has overtaken flows into Turkish stocks
Abu Dhabi
KKR, BlackRock said to plan $3bn loan for Adnoc pipelines
KKR and BlackRock invested $4bn in Abu Dhabi’s oil pipelines – Adnoc will own 60 percent of the joint venture, while the private equity firms’ special purpose vehicle will hold the rest
BlackRock
US, UK investors flock to Saudi-focused funds
Exchange-traded funds in the US and the UK focused on Saudi Arabian equities are piling up new money this year
Abu Dhabi
Adnoc pens $4bn pipeline investment deal with KKR, BlackRock
According to Adnoc, the transaction with KKR and BlackRock will result in upfront proceeds of around $4 billion to Adnoc
Abu Dhabi
US firms said to invest up to $4.5bn in Adnoc’s pipeline network
Sources say New York-based financial firms KKR & Co and BlackRock could acquire leasing rights from state oil giant
Abu Dhabi National Oil Company
US investment firms in talks to take stake in Adnoc pipeline network – report
The stake is likely to be worth $4 billion to $5 billion
Baillie Gifford
Three reasons why Elon Musk backtracked on taking Tesla private
Saudi investment was said to be behind his plans to de-list the company