Prime Highlight
- Assets held by Saudi public investment funds rose sharply to SR217.9bn ($58.1bn) in Q3 2025, driven by strong domestic investments and higher investor participation.
- Local public investment funds accounted for the majority of growth, making up 86% of total assets with a 39% year-on-year increase.
Key Facts
- The number of subscribers to public investment funds reached 1.59 million, up 1.5% from the previous year, while total public investment funds increased to 346.
- Local money market funds held SR75.6bn, local equity funds SR46.6bn, real estate investment funds SR28.9bn, and other local asset funds SR19.6bn.
Background
Assets held by public investment funds in Saudi Arabia increased sharply in the third quarter of 2025, supported by strong growth in domestic investments and rising investor participation, official data showed.
According to figures from the Capital Market Authority, total assets reached SR217.9bn ($58.1bn) by the end of the quarter. This marks a 36% increase from the same period last year and a 5.7% rise compared with the previous quarter.
Local funds were the main driver of this growth. Domestic public investment funds grew 39% year on year to SR186.9bn in Q3 2025, making up about 86% of total assets. Assets held by foreign funds also increased, reaching SR31.1bn, up 21% from a year earlier.
Saudi Arabia’s capital market has expanded steadily in recent years, helped by reforms and higher investor interest. Demand for money market and fixed-income products has grown, especially as global interest rates remain high.
Investor numbers also increased during the quarter. The number of subscribers to public investment funds reached 1.59 million, up 1.5% from a year earlier. The Kingdom increased its total public investment funds to 346, up 11.6% from the third quarter of 2024.
Public investment fund assets were spread across different investment types. Local money market funds held the largest amount at SR75.6bn. Local equity funds held SR46.6bn. Real estate investment funds held SR28.9bn, and other local asset funds held SR19.6bn.
To boost growth, Saudi Arabia recently opened its financial markets to all foreign investors. The Capital Market Authority removed several rules, including limits on the Qualified Foreign Investor program and swap agreements. This change is expected to attract more global investment and strengthen the market.