CMA: 6,807 work at capital market firms, Saudization at 77% in Q1 2025

07/07/2025 Argaam Special
Logo of Capital Market Authority (CMA)

Logo of Capital Market Authority (CMA)


The number of employees at capital market institutions rose by 1,024 year-on-year (YoY) to 6,807 in Q1 2025, according to the latest data from the Capital Market Authority (CMA).

 

The total included 5,207 men, accounting for 76% of the workforce, and 1,600 women.

 

Meanwhile, the Saudization rate at these institutions reached 77% by the end of the quarter, the CMA said in its Capital Market Institutions Report.

 

The table below shows the number of employees at capital market institutions since 2018:

 

Employees at Capital Market Institutions since 2018*

Period

Employee Count​

Change YoY

(Employee)

Saudization

Q1 2018

4,385

(35)

72%

Q2 2018

4,332

(19)

72%

Q3 2018

4,353

(26)

72%

Q4 2018

4,325

(17)

73%

Q1 2019

4,317

(68)

73%

Q2 2019

4,240

(92)

73%

Q3 2019

4,340

(13)

73%

Q4 2019

4,348

+23

73%

Q1 2020

4,350

+33

73%

Q2 2020

4,371

+131

73%

Q3 2020

4,417

+77

74%

Q4 2020

4,395

+47

75%

Q1 2021

4,464

+114

76%

Q2 2021

4,491

+120

76%

Q3 2021

4,606

+189

77%

Q4 2021

4,773

+378

77%

Q1 2022

4,784

+320

78%

Q2 2022

5,109

+618

77%

Q3 2022

5,100

+494

77%

Q4 2022

5,252

+479

77%

Q1 2023

5,421

+637

77%

Q2 2023

5,524

+415 

75%

Q3 2023

5,531

+431

77%

Q4 2023

5,689

+437

76%

Q1 2024

5,783

+362

77%

Q2 2024

6,011

+487

76%

Q3 2024

6,226

+695

77%

Q4 2024

6,532

+843

77%

Q1 2025

6,807

+1024

77%

*Includes data of those licensed and unlicensed.

 

 

Licensed financial institutions reached 194 by the end of Q1 2025.


SNB Capital led with 448 employees and a Saudization rate of 87%, followed by Al Rajhi Capital with 318 employees and 90% Saudization during the period.

 

Number of Employees by Q1 2025-End

Company

Employee Count 

Saudization

SNB Capital

448

87%

Al Rajhi Capital

318

90%

Riyad Capital

309

87%

HSBC Saudi Arabia

275

77%

Saudi Fransi Capital

241

93%

Alawwal Invest

232

77%

Derayah Capital

227

79%

Albilad Investment

211

84%

ANB Invest

201

88%

AlJazira Capital

198

81%

Alinma Investment

195

95%

Jadwa Investment

170

77%

Alistithmar Capital

142

81%

Al Khabeer Capital

121

81%

Yaqeen Capital

108

82%

SEDCO Capital

106

78%

Blom Invest

93

63%

AlKhair Capital Saudi Arabia

91

71%

Sukuk Capital

90

97%

GIB Capital

87

80%

Others

2,944

--

Total

6,807

77%

 
 

As many as 14 companies achieved a 100% Saudization rate, with a total number of 97 employees.

 

Licensed Capital Market Institutions with 100% Saudization Rate

Company

Employee Count 

Saudization

DOM Capital

15

 100% 

Edraj Capital

14

 100% 

Nama Portfolio Capital

10

 100% 

Razeen Capital

9

 100% 

Asyaf Investments

9

 100% 

Delta Financial​

9

 100% 

Target Partners Capital

8

 100% 

Marifa Capital

6

 100% 

Jadara Investment

4

 100% 

Khwarizmi Capital

4

 100% 

Hasseef Investment

4

 100% 

Middle East Bridge Investment

3

 100% 

Scopeer

1

 100% 

Mahlan Financial Consultancy

1

 100% 

 

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