RIYADH: Saudi Arabia cut its US Treasury holdings by $10.8 billion to $149.6 billion in March, while the UAE reduced its portfolio by $5.8 billion to $114.1 billion, official data showed.

Despite the monthly drop, the Kingdom’s portfolio remained higher than the $131.6 billion recorded a year earlier, according to the US Treasury Department.

Saudi Arabia’s March holdings comprised $107 billion in long-term Treasury securities and $42.6 billion in short-term Treasuries, placing it 17th among foreign holders of US Treasuries.

The UAE also reduced its holdings from $119.9 billion in February. On a year-on-year basis, the Emirates’ Treasury portfolio rose from $104.3 billion in March 2025, ranking it 19th globally among foreign holders.

The UAE’s portfolio included $48.6 billion in long-term Treasuries and $65.5 billion in short-term Treasury securities.