Riyadh, Kingdom of Saudi Arabia – 22 June 2026 — Franklin Templeton, a leading global asset manager, today announced its presence at King Abdullah Financial District (KAFD), underscoring its long-term commitment to Saudi Arabia. The move positions Franklin Templeton within Riyadh's premier mixed-use business and lifestyle destination, supporting its continued growth and client engagement across the market.

The world's largest LEED Platinum-certified business and lifestyle district, KAFD, offers state-of-the-art infrastructure, seamless connectivity, and a fully integrated mix of office, retail, dining, and lifestyle amenities. KAFD is home to some of the world's most recognized financial institutions, making it the Kingdom's leading address for the global financial services community. By establishing its presence within the district, Franklin Templeton joins a growing ecosystem of financial leaders supporting the Kingdom’s evolving financial landscape and participating in its long-term economic growth journey under Vision 2030.

The firm established its presence in Riyadh in 2024 and has continued to expand its local capabilities since then. From its Riyadh office, Franklin Templeton provides a broad range of Saudi, regional, and global investment capabilities and research expertise across MENA Fixed Income and Global Sukuk, Saudi Fixed Income, Frontier and MENA Equities, as well as Quantitative and Systematic Equity Investment Solutions.

Muneera Al-Doassary, CEO of Franklin Templeton Saudi Arabia, said:
“Our presence in KAFD reflects our continued confidence in Saudi Arabia’s growth trajectory and the depth of opportunities within its capital markets. This step strengthens our ability to serve clients locally while contributing to the development of the Kingdom’s financial ecosystem through our global expertise and on-the-ground presence.”

Sultan Alobaida, Chief Commercial Officer of King Abdullah Financial District Development and Management Company, said:
“We are thrilled to welcome Franklin Templeton to KAFD's thriving business community. The calibre of financial institutions that call this district home speaks for itself, and Franklin Templeton's decision to establish its presence in the district is a further testament to the confidence global financial institutions have in Saudi Arabia's growth.”