Title: Press Release: The Third Gulf Smart Investor Award Spotlighted in a University Awareness Workshop by the CMA

Kuwait, November 11, 2024 – In implementation of the initiatives of the CMA’s national project for enhancing financial inclusion and investment awareness, and within the framework of the CMA’s awareness campaign for introducing the third season of Gulf Smart Investment Award, the Australian University of Kuwait hosted a two-day university awareness workshop on Sunday and Monday, November 10-11. The workshop was facilitated by:
Ms. Layali Al-Jelewi – Senior Specialist at the Awareness Office at the CMA.
Ms. Huda Al-Shatti – Senior Specialist at the Awareness Office at the CMA.

The workshop commenced with a brief introduction on the Capital Markets Authority (CMA), which presented the CMA’s vision and mission, and the objectives the CMA seeks to implement pursuant to its establishment Law, in addition to presenting a summary of its key tasks related to achieving such objectives, beginning with its legislative, regulatory, and supervisory tasks and ending with its awareness tasks, tasks related to its local, regional, and international cooperation, and tasks related to enhancing its internal work environment to achieve institutional enablement and excellence.

Then, the workshop presented its main subject of introducing the third season of Gulf Smart Investment Award, one of the initiatives of Gulf Investment Awareness Program "Mulim", in which participation is open for all the GCC citizens and residents during the period extending from September 2024 to the end of February 2025. The award aims to raise the level of societal financial and investment literacy by addressing topics related to financial awareness in general, such as financial planning, saving, investment, and investor protection, through four paths (video, drawing, photography, and writing).

Moreover, it is worth noting that the number of awards in the competition is 44 awards, with11 awards in each of the previous paths, while the total value of awards exceeds one million Saudi Riyals.

On this occasion, the CMA invites the public -citizens and residents- to participate in this competition that witnessed an increased demand from various societal segments, as Kuwait has previously ranked first in the writing path for individuals in the second season of the competition. (https://mulimgcc.org/smart-khaliji-investor-award)

Finally, it should be mentioned that the Gulf Investment Awareness Program "Mulim" is a joint awareness program launched under the authority of the General Secretariat of the Cooperation Council for the Arab States of the Gulf with the participation of the securities authorities in the Gulf Cooperation Council countries and aims to raise awareness of financial transactions and investments in capital markets.

Ends-
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: 1888898
Email: pr-media@cma.gov.kw