BlackRock sees up to $100bn staying in Gulf
BlackRock expects Gulf investors to redirect as much as $100 billion towards their home markets, creating opportunities in infrastructure and assets opened to private capital. The figure is an estimate of capital that might otherwise have flowed overseas, according to the BlackRock Investment Institute. It is not a commitment by BlackRock to invest $100 billion, despite that interpretation…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.