Logo of Capital Market Authority (CMA)
The table below illustrates the development of capital market institutions workforce since the beginning of 2020:
|
Development of Capital Market Institution Workforce Since Early 2018* |
|||
|
Period |
Number of Employees |
Quarterly Change (Employees) |
Saudization |
|
Q1 2020 |
4,350 |
2 |
73% |
|
Q2 2020 |
4,371 |
21 |
73% |
|
Q3 2020 |
4,417 |
46 |
74% |
|
Q4 2020 |
4,395 |
(22) |
75% |
|
Q1 2021 |
4,464 |
69 |
76% |
|
Q2 2021 |
4,491 |
27 |
76% |
|
Q3 2021 |
4,606 |
115 |
77% |
|
Q4 2021 |
4,773 |
167 |
77% |
|
Q1 2022 |
4,784 |
11 |
78% |
|
Q2 2022 |
5,109 |
325 |
77% |
|
Q3 2022 |
5,100 |
(9) |
77% |
|
Q4 2022 |
5,252 |
152 |
77% |
|
Q1 2023 |
5,421 |
169 |
77% |
|
Q2 2023 |
5,524 |
103 |
75% |
|
Q3 2023 |
5,531 |
7 |
77% |
|
Q4 2023 |
5,689 |
158 |
76% |
|
Q1 2024 |
5,783 |
94 |
77% |
|
Q2 2024 |
6,011 |
228 |
76% |
|
Q3 2024 |
6,226 |
215 |
77% |
|
Q4 2024 |
6,532 |
306 |
77% |
|
Q1 2025 |
6,807 |
275 |
77% |
|
Q2 2025 |
7,006 |
199 |
78% |
|
Q3 2025 |
7,196 |
190 |
77% |
*Includes data of those licensed and unlicensed.
Licensed financial institutions reached 187 by the end of Q3 2025.
SNB Capital led with 416 employees and a Saudization rate of 87%, followed by Al Rajhi Capital with 320 employees and 87% Saudization during the period.
|
Number of Employees by Q3 2025-End |
||
|
Company |
Employee Count |
Saudization |
|
SNB Capital |
416 |
87% |
|
Al Rajhi Capital |
320 |
87% |
|
Riyad Capital |
310 |
87% |
|
HSBC Saudi Arabia |
287 |
78% |
|
Derayah Capital |
247 |
80% |
|
Alawwal Invest |
243 |
77% |
|
Saudi Fransi Capital |
220 |
92% |
|
ANB Invest |
218 |
89% |
|
Alinma Investment |
212 |
95% |
|
AlJazira Capital |
202 |
82% |
|
Albilad Investment |
201 |
85% |
|
Jadwa Investment |
168 |
76% |
|
Alistithmar Capital |
144 |
81% |
|
Sukuk Capital |
130 |
95% |
|
Al Khabeer Capital |
119 |
83% |
|
Yaqeen Capital |
105 |
80% |
|
Sahm Capital |
102 |
62% |
|
Blom Invest |
101 |
64% |
|
SEDCO Capital |
98 |
79% |
|
GIB Capital |
91 |
80% |
|
Others |
3262 |
-- |
|
Total |
7196 |
77% |
As many as 16 companies achieved a 100% Saudization rate, with a total number of 88 employees.
Licensed Financial Market Institutions with 100% Saudization Rate
|
Company |
Employee Count |
Saudization |
|
DOM Capital |
19 |
100% |
|
Nama Portfolio Capital |
15 |
100% |
|
Target Partners Capital |
8 |
100% |
|
Manafa Capital |
7 |
100% |
|
Asyaf Investments Edraj Capital * |
6 |
100% |
|
MRZM Investments |
5 |
100% |
|
Jadara Investment Mashoura Capital |
4 |
100% |
|
Hasseef Investment |
4 |
100% |
|
Alkhizanah Capital |
4 |
100% |
|
Khwarizmi Capital |
3 |
100% |
|
Mahlan financial consultancy |
3 |
100% |
|
Hala Eastern Capital |
3 |
100% |
|
Marifa Capital |
2 |
100% |
|
Scopeer |
2 |
100% |
|
Musharaka Alsafaqat Lilistithmar |
2 |
100% |
|
Second Digital Financial |
1 |
100% |
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