BlackRock Mideast Foray May Grow With Israel Infrastructure Push - Bloomberg:
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.
BlackRock expressed interest in an investment and Israel offered to help with any regulatory barriers, he said in an interview this month in Jerusalem, adding that it was too early for specifics. A spokeswoman for BlackRock in Israel declined to comment.
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