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BlackRock partners with Saudi Arabia to develop kingdom’s property finance market

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The Faisaliya tower stands among other buildings in the Saudi capital Riyadh on December 5, 2019. / AFP / FAYEZ NURELDINE

Saudi Arabia is developing new real estate projects as it aims to diversify its economy away from oil. AFP

Saudi Arabia is developing new real estate projects as it aims to diversify its economy away from oil. AFP

The two companies will focus on diversifying funding sources amid Vision 2030 initiative

Fareed Rahman

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