Saudi’s CMA: financial market institutions revenues higher in Q4 2021

Capital Markets Authority of Saudi Arabia has revealed that revenues of financial market institutions rose to SR 2.9 billion in Q4 2021 due to higher all segment revenues led by surge of asset management revenues (37%), followed by dealing segment (24%).

It added that net income of the financial institutions hiked by 49% to SR 1.3 billion in Q4 2021.

The authority stressed that the last quarter of 2021 saw a rise in staff of financial market institutions by 3% to 4773 employees.