The Saudi Arabian asset management industry grew by more than 20 per cent in 2024, exceeding SR1tn ($267bn) assets under management (AUM) for the first time, according to Fitch Ratings.

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"Saudi Arabia’s asset management industry is the largest in the GCC, with AUM having crossed SAR1 trillion, and further growth expected," said Bashar Al Natoor, the Global Head of Islamic Finance at ...

“Saudi Arabia’s asset management industry is the largest in the GCC, with AUM having crossed SAR1 trillion, and further ...