Investment Banker salary in Saudi Arabia
Gross annual earnings — 2024 · Middle East · Source: ILO / Life Indexed estimate
Investment Banker salary in Saudi Arabia over time
Investment Banker salary — Middle East comparison
How Saudi Arabia compares to other Middle East countries
| Country | Average salary (2024) | vs Saudi Arabia |
|---|---|---|
| Saudi Arabia | SAR 306,000/yr | — |
| Turkey | TRY 1,152,000/yr | local currency |
| Qatar | QAR 371,300/yr | local currency |
| UAE | AED 343,500/yr | local currency |
| Bahrain | BHD 32,800/yr | local currency |
| Jordan | JOD 32,400/yr | local currency |
| Kuwait | KWD 29,800/yr | local currency |
Investment Banker salary worldwide
Frequently asked questions about Investment Banker salaries in Saudi Arabia
What is the average Investment Banker salary in Saudi Arabia in 2024?
The average investment banker salary in Saudi Arabia in 2024 is SAR 306,000 per year (SAR 25,500 per month, or SAR 5,885 per week). This figure represents gross annual earnings before income tax and social contributions. Source: ILO / Life Indexed estimate.
What is the salary range for a Investment Banker in Saudi Arabia?
Investment Bankers in Saudi Arabia earn between SAR 198,900 and SAR 443,700 per year in 2024. The spread reflects differences in experience level, employer size, sector (public vs private), and geographic location within the country.
How much does a Investment Banker earn per month in Saudi Arabia?
A investment banker in Saudi Arabia earns approximately SAR 25,500 per month (gross) in 2024, based on an annual average of SAR 306,000. Monthly take-home pay will be lower after income tax and social security deductions, which vary by individual circumstances and applicable tax brackets in Saudi Arabia.
What is the entry-level Investment Banker salary in Saudi Arabia?
Entry-level investment bankers in Saudi Arabia typically earn between SAR 198,900 and SAR 260,100 per year in 2024. Salaries at the junior level are generally 15–35% below the national average, increasing with professional certifications, years of experience, and specialisation.
Is the Investment Banker salary in Saudi Arabia increasing?
Yes. Based on available data, Investment Banker salaries in Saudi Arabia have grown by approximately 16% between 2022 and 2026, reflecting ongoing demand and wage growth trends.
Is SAR 306,000 a good salary for a Investment Banker in Saudi Arabia?
Whether SAR 306,000 per year is a good investment banker salary in Saudi Arabia depends on cost of living, location, and career stage. This figure represents the 2024 national average — earners above this level are in the upper half of the pay distribution for this occupation. Factors that influence individual compensation include employer type (multinational vs. local), city (capital cities typically pay 10–25% more), qualifications, and years of experience.
How does the Investment Banker salary in Saudi Arabia compare to other Middle East countries?
Saudi Arabia's investment banker salary of SAR 306,000/yr (among comparable economies) is higher than 3 countries and lower than 3 countries in the Middle East region as of 2024. Differences across countries reflect purchasing power, labour market conditions, cost of living, and local demand for this role.