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

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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