The boss of BlackRock remains optimistic about the Saudi market

LONDON – Larry Fink, the director of the world's largest asset manager, is confident about the future of the Saudi market as a result of a visit to the Kingdom

Fink, BlackRock CEO, said he was "more excited about the opportunity" in Saudi Arabia after his visit.

He added that he would not be surprised to see an offer Saudi Aramco's initial public in a form next year, possibly on the Saudi stock market known as Tadawul 19659002] He was talking about the day that Black Rock reported a lower demand for its funds on Monday, and its stock fell despite a better than expected quarterly profit.The net profit attributable to the company amounted to $ 1.07 billion in the second quarter, up more than 25% from $ 854 million. dollars a year earlier, reported Reuters

.The CEO of BlackRock stated that "He would not be surprised to see an initial public offering of Saudi Aramco in any form next year.

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