CmaBoardReleases
Title: Within the Framework of the Gulf Investment Awareness Program "Mulem", The Central Bank of Bahrain Launches an Awareness Campaign entitled "Choose the Right Investment”
Kuwait, May 2, 2021- Within the framework of the regulatory bodies of the financial markets in the countries of the Gulf Cooperation Council (GCC) in promoting the awareness level of investors in the GCC financial markets, the Central Bank of Bahrain launched the fifth awareness campaign "Choose the Right Investment" as part of the joint Gulf awareness campaign. It is carried out through publishing various awareness messages through various social media platforms, websites and media of the participating entities.
"Choose the Right Investment" campaign aims to increase investor awareness on the concept of diversification of investment by introducing the investment tools and products available in capital markets and emphasizing the necessity of adopting an investment diversification plan to reduce the risks associated with investment. The campaign also targets to familiarize investors with companies operating in the field of securities, ways of dealing with them, and the role of regulatory authorities in terms of control and regulation to maintain transparency, fairness and effectiveness of the capital market to ensure investors protection.
It is worth mentioning that the campaign is part of the Gulf Investment Awareness Program “Mulem” which is a joint program between the regulatory bodies of the financial markets in the GCC countries that was started in early November 2020. The program’s main goal is to enhance investment awareness and develop the investment literacy of persons who deal in the financial markets and encourage and attract more segments of society to benefit from the services and financial products that capital markets offer.
On this occasion, Alya Omran, Head of Research and Investor Protection at the Financial Market Supervision Department at the Central Bank of Bahrainsaid that the initiative of the joint Gulf Awareness Program aims to enhance the integration of financial markets among the GCC countries, in addition to enhancing investor awareness and thus providing the best possible protection for investors. She added that they hope that these campaigns will contribute to the development of capital markets in the Gulf countries in a way that supports the growth and diversification of the national economy by encouraging the right investment and creating an investment environment with a high level of transparency and effectiveness.
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Notes to Editors:
The Capital Markets Authority was established pursuant to Law No. 7/2010, approved by the Kuwaiti Parliament in February 2010. Pursuant to the Law, the CMA shall regulate and supervise the securities activities, achieve transparency and fairness, observe listed companies’ execution of Corporate Governance regulations, and protect investors from unfair practices which violate the CMA's Law.
Furthermore, the Law's provisions stipulate the supervision of mergers, acquisitions, and disclosure operations. The CMA also aims to provide awareness programs related to securities activities.
For further information, please contact:
Public Relations & Media Office
Tel: 22903062
Fax: 22903505
Email: pr-media@cma.gov.kw