BlackRock Said to Explore Office in Kuwait, Deepening Gulf Ties
Kuwait City, Kuwait.
Photographer: Bassam Zidan Ahlawy/BloombergThis article is for subscribers only.
BlackRock Inc. is exploring plans to open an office in Kuwait, according to people familiar with the matter, marking the asset manager’s latest effort aimed at deepening ties to the oil-rich region.
The firm is in discussions with regulators and could make a final decision as soon as this month, the people said, declining to be identified as the information is confidential.