Capital market institutions employ 5,524 by Q2-end; Saudization at 75%: CMA

12/09/2023 Argaam Special

Logo of Capital Market Authority (CMA)


The number of employees at capital market institutions rose by 103 quarter-on-quarter (QoQ) to 5,524 by the end of the second quarter of 2023, according to the latest data from the Capital Market Authority (CMA).

Males accounted for 80% of the employees at capital market institutions, with 4,400 employees, while the number of females stood at 1,124.

Meanwhile, the Saudization rate at these institutions reached 75% by the end of Q2, according to the Capital Market Institutions Report.

The table below shows the number of employees at capital market institutions since 2017:

Employees at Capital Market Institutions since 2017*

Period

Number of employees

Saudization

Q1 2017

4,420

70 %

Q2 2017

4,351

70 %

Q3 2017

4,379

70 %

Q4 2017

4,342

71 %

Q1 2018

4,385

72%

Q2 2018

4,332

72%

Q3 2018

4,353

72%

Q4 2018

4,325

73%

Q1 2019

4,317

73 %

Q2 2019

4,240

73 %

Q3 2019

4,340

73 %

Q4 2019

4,348

73 %

Q1 2020

4,350

73 %

Q2 2020

4,371

73 %

Q3 2020

4,417

74 %

Q4 2020

4,395

75 %

Q1 2021

4,464

76 %

Q2 2021

4,491

76 %

Q3 2021

4,606

77 %

Q4 2021

4,773

77 %

Q1 2022

4,784

78 %

Q2 2022

5,109

77 %

Q3 2022

5,100

77 %

Q4 2022

5,252

77 %

Q1 2023

5,421

77 %

Q2 2023

5,524

75 %

*Includes data of companies that were licensed at the time, but unlicensed later. 
 

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