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%
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%
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%
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%
