Riyadh, Saudi Arabia – Franklin Templeton, a leading global asset manager, today announced the opening of its office in the King Abdullah Financial District (KAFD), a move that reflects its long-term commitment to the Kingdom of Saudi Arabia. The new office strengthens Franklin Templeton’s presence in Riyadh’s premier business and lifestyle destination, supporting its continued growth and enhancing its engagement with clients in the Saudi and regional markets .

KAFD is the world’s largest LEED Platinum-certified business and lifestyle destination, offering state-of-the-art infrastructure, a fully integrated network, and a diverse range of offices, retail outlets, restaurants, and lifestyle facilities. It is home to some of the world’s leading financial institutions, cementing its position as a premier destination for the Kingdom’s financial services sector. By opening its office in the center, Franklin Templeton joins a growing ecosystem of leading financial institutions that are contributing to the development of the Kingdom’s financial landscape and participating in its long-term economic growth in line with the goals of Saudi Vision 2030 .

The company launched its operations in Riyadh in 2024 and has since continued to strengthen its local presence and capabilities. Through its Riyadh office, Franklin Templeton offers a wide range of investment solutions, opportunities, and Saudi, regional, and global research expertise, including fixed income instruments in the MENA region, global sukuk, Saudi fixed income instruments, MENA equity markets, and quantitative and systematic equity investment strategies .

On this occasion, Munira Al-Dossari, CEO of Franklin Templeton Saudi Arabia, said : “Our presence in Kafd reflects our continued confidence in the growth prospects in the Kingdom of Saudi Arabia and the opportunities offered by the local capital markets. This step enhances our ability to serve our clients in the Saudi market, while contributing to the development of the Kingdom’s financial system through our global expertise and local presence.”

Sultan Al-Obaida, Chief Business Officer at King Abdullah Financial District Management and Development Company, said: “ We are delighted to welcome Franklin Templeton to our thriving business community. The presence of a select group of global financial institutions in KAFD reflects the prestigious position the district holds, and Franklin Templeton’s decision to be present in KAFD is a further confirmation of the confidence that global financial institutions place in the Kingdom’s growth trajectory . ”

  About Franklin Templeton

Franklin Templeton is a trusted investment partner, providing tailored solutions aligned with clients' strategic objectives. With our deep expertise in portfolio management across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered our clients through strategic partnerships, forward-thinking insights, and continuous innovation – providing the tools and resources they need to adapt to change and seize opportunities .

Franklin Templeton Financial Company (“the Company”) is a closed joint-stock company with a single shareholder, registration number 7036955537, and a paid-up capital of SAR 30 million. The Company holds license number 22-23265 issued by the Capital Market Authority in the Kingdom of Saudi Arabia, authorizing it to conduct activities related to “investment management, fund operation, and securities advisory services . ”

This material does not constitute investment advice or an invitation to subscribe for securities. Investors should seek professional financial advice and obtain a full explanation of any proposed investment before making an investment decision. Investments involve risks; the value of investments can decrease as well as increase, and investors may not recover the full amount invested. Not all products and services are available in all countries.

About the King Abdullah Financial Center (KAFD)

Located in the heart of Riyadh, the capital, Kafed is a unique business and lifestyle destination, supported by a sustainable and digitally integrated infrastructure, and seeks to bring about a qualitative shift in lifestyles, work and entertainment in modern societies.

Kafed is owned by the King Abdullah Financial Center Management and Development Company, which was established in 2018 and is wholly owned by the Public Investment Fund.

KAFAD is considered the first vertical city in the Kingdom, spanning 1.6 million square meters and comprising 95 buildings designed by 25 leading international architectural firms. It is ranked as the largest business and lifestyle center in the world to achieve LEED Platinum certification. Thanks to its unique vision, KAFAD has successfully reshaped the Riyadh skyline, brought about a qualitative transformation in the capital's economic landscape, and established new standards for lifestyle in modern communities, aligning with the Kingdom's objectives of economic diversification, raising quality of life standards, and achieving sustainable development.

For more information about KAFD, please visit the website www.kafd.sa/ar

For media inquiries:

Sarah Aziz

Head of Public Relations for Central and Eastern Europe, the Middle East and Africa

Franklin Templeton

Email: sarah.aziz@franklintempleton.com

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