Saudi Arabia transforms into attractive investment destination: BlackRock CEO

Larry Fink, CEO of BlackRock Inc., said Saudi Arabia has become an important global hub for attracting investments, transitioning from a capital-exporting economy into a capital-importing destination.

Speaking at a panel discussion at the Saudi-US Investment Forum, Fink said that expanding the Kingdom’s capital markets could be a historic shift, paving the way for the country to become a top global financial hub and advancing its path beyond Vision 2030.

He added that Saudi Arabia offers major investment opportunities, as firms establish regional headquarters, supported by growing investment teams and innovative financial products.