Employees at licensed financial institutions reach 4,773, Saudization at 77% by Q4-end: CMA

Number of Employees at Licensed Financial Institutions since 2017*

Period

Number of employees

Saudization

Q1 2017

4420

70%

Q2 2017

4351

70%

Q3 2017

4379

70%

Q4 2017

4342

71%

Q1 2018

4385

72%

Q2 2018

4332

72%

Q3 2018

4353

72%

Q4 2018

4325

73%

Q1 2019

4317

73%

Q2 2019

4240

73%

Q3 2019

4340

73%

Q4 2019

4348

73%

Q1 2020

4350

73%

Q2 2020

4371

73%

Q3 2020

4417

74%

Q4 2020

4395

75%

Q1 2021

4464

76%

Q2 2021

4491

76%

Q3 2021

4606

77%

Q4 2021

4773

77%

Number of Employees by end of Q4 2021

Company

Number of Employees 

Saudization

Merak Capital

12

100%

Tamra Capital

9

100%

Razeen Capital

6

100%

JOA Capital

4

100%

Sadu Capital

3

100%

Haykala Advisors

1

100%

Rasana Capital

1

100%

Asyaf Investments

23

96%

Alinma Investment Company

150

95%

Miyar Capital

15

93%

Al Rajhi Capital

223

91%

SNB Capital

386

90%

Arch Capital

17

88%

Riyad Capital

284

87%

Albilad Investment

149

87%

Impact Capital

15

87%

ANB Invest

141

85%

Al Khair Capital

113

85%

Family Office International

25

84%

Derayah Capital

168

83%

Sabeen Investment

6

83%

Adeem Capital

17

82%

Saudi Fransi Capital

236

82%

Aljazira Capital

175

82%

Alistithmar Capital

143

81%

Buraq Capital

5

80%

Bayt Alnomow Capital Company

5

80%

Alpha Capital

44

80%

Yaqeen Capital

96

79%

J P. Morgan Kingdom of Saudi Arabia

42

79%

Mulkia Capital

28

79%

Credit Suisse Saudi Arabia

28

79%

Black Rock Saudi Arabia

14

79%

GIB Capital

64

78%

Rekaz

18

78%

Alawwal Invest

56

77%

HSBC Saudi Arabia

380

77%

Wasata Capital

34

76%

MEFIC Capital

33

76%

National Wealth Management

41

76%

SEDCO Capital

94

76%

Al Khabeer Capital

89

75%

Goldman Sachs Saudi Arabia

24

75%

Darfin Capital

12

75%

Ehata Capital

8

75%

Narmo Capital

4

75%

Tharawat

23

74%

Osool & Bakheet Investment

52

73%

Al-Nefaie Investment

44

73%

Natonal Bonds Co.

11

73%

Watheeq Financial Services

11

73%

Jadwa Investment Co.

126

72%

Citigroup Saudi Arabia

25

72%

NOMW Capital

25

72%

Northern Trust Saudi Arabia

21

71%

GIAMCO

7

71%

Sidra Capital

7

71%

Malaz Capital

31

71%

Dirham Capital

17

71%

Value Partners

10

70%

Isnad Capital

10

70%

Bait Al Mal Al Khaleeji

13

69%

FAB Investment Company

13

69%

Audi Capital

29

69%

Ashmore Investment Saudi Arabia

22

68%

Sidra Capital

51

67%

Musharaka Capital

39

67%

KASB Capital

18

67%

99Hlala Capital Co.

12

67%

Standard Chartered Capital Saudi Arabia

9

67%

BNY Mellon Saudi Financial Company

9

67%

Aldukheil Financial Group

20

65%

Emirates NBD Capital Saudi Arabia

22

64%

Deutsche Securities

30

63%

Arbah Capital

48

63%

Ithmar Saudi Arabia

8

63%

Erteqa Capital

8

63%

Itqan Capital

21

62%

Merrill Lynch Saudi Arabia

21

62%

UBS Saudi Arabia

13

62%

Saudi BNP Paribas Investment Co.

15

60%

Anfaal Capital

10

60%

Nitaq Capital

5

60%

Alawwal Capital

26

58%

SKFH

26

58%

Blom Invest

47

57%

Team One Company

14

57%

Greenstone Saudi Arabia

7

57%

RAZ Amwal

7

57%

SICO Capital

25

56%

State Street Saudi Arabia

9

56%

Aloula Geojit Capital

9

56%

Kamco Invest

20

55%

Amwal Capital

11

55%

Morgan Stanley Saudi Arabia

29

52%

Tanmiah Capital

6

50%

Areeb Capital

17

47%

Swicorp

33

45%

Credit Suisse Saudi Arabia

11

45%

Natixis Saudi Arabia Investment Company

9

44%

EFG Hermes Saudi Arabia

39

44%

SMBC Saudi Arabia

7

43%

SaudiMed

17

41%

SHUAA Capital

17

41%

Mizuhu Saudi Arabia

10

40%

BMG Financial Group

18

39%

Investcorp Saudi Arabia

13

38%

Credit Agricole CIB Arabia

8

38%

FIM Partners KSA

6

33%

KKR Saudi Arabia

3

33%

GFH Saudi Arabia

16

31%

Lazarde Saudi Arabia

7

29%

Venture Capital

5

20%

Moelis & Company Saudi Limited

3

--

Forsa Capital

1

--

Total

4773

77%