KUWAIT: His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah received on Monday BlackRock’s Chairman and CEO Larry Fink and members of the company’s board of directors, who are on a visit to the country. His Highness the Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah attended the meeting.
His Highness the Amir affirmed Kuwait’s strong commitment to improving pathways for new investment and expanding economic cooperation, expressing appreciation for BlackRock’s decision to open an office in Kuwait. The move will contribute to improving the business environment, supporting global institutions, and encouraging capital investments that help drive the country’s development, he noted.
Meanwhile, Fink commended Kuwait’s longstanding efforts of more than two decades, which he said contributed to the economic transformation witnessed under the leadership of His Highness the Amir, His Highness the Crown Prince, and His Highness the Prime Minister. He stressed the company’s aspiration to further strengthen its partnership with Kuwait in support of its economic vision for prosperity and sustainable growth.
Fink also expressed gratitude for the trust placed in BlackRock, noting that the company is proud to be the first global asset management firm operating at full capacity in Kuwait, a reflection of the shared commitment to advancing the country’s development objectives. — KUNA
