Banking & Finance Global asset manager BlackRock planning Kuwait office By Neil Halligan February 4, 2025, 7:36 PM Reuters BlackRock chairman and CEO Larry Fink met with the emir and prime minister of Kuwait this week BlackRock, the world’s largest asset manager, is planning to open an office in Kuwait, according to media reports. Larry Fink, chairman and CEO of the New York-based company, was in Kuwait this week where he met with Kuwait’s Emir Sheikh Meshal Al-Ahmad Al-Sabah; the prime minister, Sheikh Ahmad Abdullah Al-Sabah; and the Crown Prince, Sheikh Sabah Khaled Al-Sabah. The emir spoke about the importance of supporting investment opportunities in Kuwait and creating a competitive economic environment. BlackRock is in talks with regulators and may make a decision later this month, Bloomberg reported, citing sources. UAE’s Aditum pairs with BlackRock to launch funds Shares in Kuwaiti developer Ajial rise despite profit drop Kuwait successfully using drones to inspect oil facilities The firm has offices in Dubai and Riyadh. It received approval from authorities in Saudi Arabia to set up its regional headquarters in the capital. It also received a commercial licence to operate in Abu Dhabi. BlackRock manages more than $11 trillion in assets worldwide, with $100 billion-plus across the Middle East. Kuwait Investment Authority is one of BlackRock’s top shareholders, holding 5.37 percent, according to a recent proxy statement.