Wall Street giants split between Gulf hubs

Energy riches: A lifeguard stands watch while people frolic on a beach with the Abu Dhabi skyline in the background. Riyadh and Abu Dhabi are competing to be the Middle East’s main business hub, each offering unique opportunities. — Reuters

NEW YORK: BlackRock Inc’s Larry Fink was among headliners at Saudi Arabia’s annual Davos-style investment confab in October.

Days later, he popped up on a social media post from Abu Dhabi’s US$1.5 trillion man, Sheikh Tahnoon bin Zayed Al Nahyan.