Riyad Capital
Riyadh-based investment services company licensed by the Capital Market Authority and wholly owned by Riyad Bank. It runs asset and wealth management, brokerage, investment banking and securities services.
Industry: Investment services and asset management | Location: Riyadh, Saudi Arabia | Founded: 2008
About Riyad Capital
Riyad Capital is a Saudi investment services and asset management company based in Riyadh. It is a closed joint stock company licensed by the Saudi Capital Market Authority under licence number 07070-37 with paid-up capital of SAR 500 million. Riyad Bank's 2025 annual report describes it as a wholly owned subsidiary engaged in dealing, managing, arranging, advising on and holding custody of securities.
Riyad Bank launched Riyad Capital in 2008, according to the timeline in its annual report. Abdullah Alshwer became chief executive in 2023. He had been chief executive and chief investment officer of Ashmore Investment Saudi Arabia for more than six years and earlier chief executive of the Higher Education Fund.
The company reports four business lines: asset and wealth management, brokerage, corporate investment banking and securities services. Its public funds cover equities, fixed income, multi-asset, money market and real estate investment traded funds, and it also offers the private Riyad Taqnia Fund and discretionary portfolio management. Brokerage covers local, GCC and international trading. In 2025 it launched Mostashary, a robo-advisory tool inside its app.
In June 2022 Riyad Capital launched two closed-end real estate funds with Arabian Centres Company valued at 1.7 billion dollars, Forbes Middle East reported. In 2025 it launched the Buhairat Abha project with MDR Real Estate Development Company, valued at more than SAR 1 billion, and a real estate fund of up to SAR 6 billion with the Saudi Railway Company for a mixed-use project in Makkah.
Riyad Capital led a 250 million dollar pre-IPO round in the Saudi quick commerce company Ninja in July 2025, which Wamda reported valued Ninja at 1.5 billion dollars. TechScoop reported in May 2026 that Ninja had picked Citigroup, Goldman Sachs, Riyad Capital and UBS for a possible Saudi Exchange listing. Riyad Bank's annual report puts Riyad Capital's assets under management at SAR 97.5 billion, assets under custody at SAR 1,048 billion and profit at SAR 665 million for 2025. The same report says Forbes Middle East ranked it fifth in its Top 40 Asset Managers 2025.
Leadership
- Abdullah Abdulrahman Alshwer, Chief Executive Officer