Thursday, July 8, 2021
Saudi Arabia tops in list of Forbes Largest Asset Management companies in Middle East
The Kingdom of Saudi Arabia topped the Forbes Middle East list of the largest asset management companies in the region for the year 2021, with 16 companies out of 30 in the list, followed by the UAE with 5 companies, then Bahrain and Egypt with three companies each.
Top 30 Biggest Asset Management companies of the Middle East in 2021 :
1. NCB Capital (Al Ahli Capital) of Saudi Arabia with 50.4 billion dollars assets
2. Investcorp of Bahrain with 35 billion dollars assets
3. Riyadh Capital of Saudi Arabia with 18 billion dollars assets
4. Alinma Investment of Saudi Arabia with 18 billion dollars assets
5. Wafa Gestion of Morocco with 14.4 billion dollars assets. Trending : Changing the salary requires written approval from a worker
6. SHUAA Capital of UAE with 14 billion dollars assets
7. Al Rajhi Capital of Saudi Arabia with 13.3 billion dollars assets
9. GFH Financial Group of Bahrain with 12 billion dollars assets
10. Jadwa Investment of Saudi Arabia with 8.6 billion dollars assets
11. NBK Capital of Kuwait with 6.5 billion dollars
12. Samba Capital (Saudi Arabia) with $5.9 billion Recommend : Study reveals walking on beach burn 50% more calories
13. Alistithmar Capital (ICAP) of Saudi Arabia with $5.5 billion
14. SEDCO Capital (Saudi Arabia) with $5.2 billion
15. Emirates NBD Asset Management (UAE) with $4.7 billion
16. Saudi Fransi Capital (Saudi Arabia) with 4.3 billion dollars
17. EFG Hermes Holding (Egypt) with $3.5 billion
18. AlKhair Capital Saudi Arabia with $3 billion
19. Al Jazira Capital (Saudi Arabia) with $2.9 billion
20. Albilad Capital (Saudi Arabia) with $2.4 billion
21. SICO BSC of Bahrain with $2.3 billion See Also : Riyadh to connect with Jeddah by train
22. Arab National Investment Company (ANB Invest) of Saudi Arabia with $2 billion
23. ADCB Asset Management (UAE) with 2 billion dollars
24. Misr Capital (Egypt) with $2 billion
25. Mashreq Capital (UAE) with $1.8 billion
26. Alpha Capital Company (Saudi Arabia) with $1.8 billion
27. Derayah Financial Company (Saudi Arabia) with $1.5 billion
28. AlKhbaeer Capital (Saudi Arabia) with $1.4 billion
29. Al Ahly Financial Investments Management (AFIM) of Egypt with $1.4 billion
30. Waha Capital (UAE) with $1.4 billion Read more : First phase of professional verification exam for skilled workers starts in Saudi Arabia
