Economics

BlackRock Mideast Foray May Grow With Israel Infrastructure Push

  • Netanyahu’s top economic adviser says leaders discussed idea
  • Israel is spending on upgrades in areas such as transportation

Tel Aviv, Israel. 

Photographer: Michael Jacobs/Corbis News via Getty Images

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The world’s largest asset manager BlackRock Inc. could add to its footprint in the Middle East by joining Israel’s infrastructure boom.

Representatives of the Israeli government and the New York-based financial giant are discussing an investment in the country’s infrastructure, according to Prime Minister Benjamin Netanyahu’s top economic adviser Avi Simhon.