INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Saudi public investment funds assets rise 20 percent in Q1 to $61 billion

  • Assets of local funds increased 17 percent from a year earlier to SAR192.1 billion, accounting for 83 percent of total public investment fund assets, Argaam reported.
  • Assets of foreign funds, which represented the remaining 17 percent of total assets, rose 35 percent year-on-year to about SAR39.6 billion, according to the report.

Dubai, UAE — Assets of Saudi Arabia’s public investment funds rose 20 percent year-on-year to SAR231.7 billion ($61.8 billion) in the first quarter of 2026, driven by growth in both local and foreign funds, financial news website Argaam reported, citing data from the Saudi Central Bank (SAMA).

Assets of local funds increased 17 percent from a year earlier to SAR192.1 billion, accounting for 83 percent of total public investment fund assets, Argaam reported.

Assets of foreign funds, which represented the remaining 17 percent of total assets, rose 35 percent year-on-year to about SAR39.6 billion, according to the report.

The assets comprise equities, bonds, cash instruments, other assets and real estate investments.

Open-end funds accounted for the largest share of the market, with the combined assets of 337 funds reaching about SAR199.1 billion, or 86 percent of total public investment fund assets. Assets held by 26 closed-end funds totalled nearly SAR32.6 billion, Argaam said.

The number of active public investment funds rose to 363 at the end of the first quarter from 356 at the end of the fourth quarter of 2025.

The number of subscribers to investment funds stood at about 1.59 million at the end of the first quarter, the report said.