Assets of public investment funds in Saudi Arabia rose to SAR 174.5 billion in 2024, an increase of 42% from SAR 122.6 billion in 2023, data from the Saudi Central Bank (SAMA) showed.
The increase was driven by a rise in assets of local funds by 43% year-on-year (YoY) to SAR 144.6 billion, which represents 83% of total assets. Meanwhile, assets of foreign funds, which represent 17% of total assets, rose by 40% YoY to about SAR 29.9 billion.
The assets of local and foreign investment funds include stocks, bonds, cash instruments, other assets, and real estate investments.
Assets of public investment funds in Saudi Arabia rose to SAR 174.5 billion in 2024, an increase of 42% from SAR 122.6 billion in 2023, data from the Saudi Central Bank (SAMA) showed.
The increase was driven by a rise in assets of local funds by 43% year-on-year (YoY) to SAR 144.6 billion, which represents 83% of total assets. Meanwhile, assets of foreign funds, which represent 17% of total assets, rose by 40% YoY to about SAR 29.9 billion.
The assets of local and foreign investment funds include stocks, bonds, cash instruments, other assets, and real estate investments.
