The Saudi stock market continued to set record highs, reflecting the strength of the national economy and the attractiveness of the investment environment. The latest data released by the Capital Market Authority revealed a significant surge in the value of assets held by public investment funds. According to the statistical bulletin for the third quarter of 2025, assets under management by local and foreign funds reached new historical levels, further solidifying the Kingdom's position as a leading regional financial center.
Rapid growth and detailed figures
The value of public investment funds’ assets recorded a remarkable annual growth of 36.1% , with a cash increase estimated at 57.9 billion riyals, bringing the total assets to about 217.9 billion riyals by the end of the third quarter of 2025, compared to 160.1 billion riyals during the same period of 2024. The growth was not limited to the annual basis only, but the assets also witnessed quarterly growth of 5.7%, adding about 11.7 billion riyals compared to the second quarter of the same year.
Vision Context and Financial Sector Development Program
This surge in growth comes within the context of the economic momentum driven by the Kingdom's Vision 2030 , specifically within the objectives of the Financial Sector Development Program. This program aims to diversify income sources, stimulate savings, and deepen the financial market, which is clearly reflected in the increasing number and diversity of investment funds. The rise in the volume of assets under management is a strong indicator of the success of the regulatory policies adopted by the Capital Market Authority to enhance transparency and protect investors, thus encouraging both local and foreign capital to enter the market in force.
Dominance of local assets and diversity of options
The data clearly demonstrated the dominance of domestic investment assets, which formed the cornerstone of this growth. Domestic assets increased by 39% year-on-year, reaching a value of SAR 186.9 billion and accounting for a significant 86% of total assets. Foreign investments also played a role, growing by 21.1% to reach SAR 31.1 billion.
In terms of asset allocation, local money market transactions led the way with a value of SAR 75.6 billion, followed by local equities at SAR 46.6 billion, and then Real Estate Investment Trusts (REITs), which continued their appeal with a value of SAR 28.9 billion. This diversification of investment portfolios (comprising 12 investment types) reflects the market's maturity and the availability of multiple options to suit different investor segments and risk levels.
Increased financial awareness and a rise in subscribers
Another equally important indicator is the growth in the investor base, both individual and institutional. The number of subscribers to public investment funds reached 1,593,663 , an increase of over 23,000 new subscribers compared to last year. This rise reflects the success of financial literacy campaigns and the growing confidence of citizens and residents in investment funds as a safe and effective tool for growing savings, rather than relying on traditional, non-investment bank deposits.
Expected economic impact
The fact that the funds' assets have reached this level enhances liquidity in the Saudi financial market and provides vital financing for listed companies and real estate and development projects. Furthermore, the growth of the asset management sector contributes to creating high-quality jobs in the financial sector and supports the Kingdom's ambition to become a global investment destination, promising increased cash flow and sustainable growth in the coming periods.
