Title: Press Release: The Capital Markets Authority is Preparing to Launch the Fourth Strategic Plan

Kuwait, March 10, 2025- The Capital Markets Authority (CMA) announced the commencement of the initial preparations for the fourth strategic plan, which will extend from 2027/2028 – 2030/2031, with the objective of outlining CMA’s future directions, and enhancing its role in capital markets development, and supporting the national economy.

The CMA began preparations in early January 2025. The  actual analysis of the current situation is planned to commence at the beginning of the financial year 2025/2026. This step aims to assess challenges, explore opportunities, and define strategic priorities for the next phase. Plan preparation work, including the development of its implementation plan and detailed work plans, will continue until March 2026 to ensure work continuity according to an integrated strategic vision that reflects the CMA’s aspirations in line with the developments in global financial markets.

In this context, regarding the implementation of the current strategic plan, the CMA stated that by the end of the financial year 2024/2025, it will have reached the halfway point in  implementing its current strategy, having completed half of the implementation period. As of December 2024, the overall achievement rate of the strategy reached approximately 55%, with significant progress made, including the completion of 40 sub-initiatives out of the 126 sub-initiatives listed in the plan.

During the preparation of the third strategy, the CMA adopted a new strategic planning methodology, aiming to improve its strategic planning practices in line with the best international standards. It focused on fostering a culture of strategic planning among its staff to ensure more efficient and effective task execution.

This approach reaffirms the  CMA's commitment to allocating its resources in a way that maximizes efficiency, positively impacting the supervision of capital market activities in Kuwait. Capital markets play a crucial role in supporting economic development and advancing the state's financial and economic vision.

The CMA's third strategy witnessed the implementation of numerous development practices for the local capital market. With its new strategic plan, the CMA aims to build on this approach while emphasizing the importance of aligning its directions with the state's plans.  This alignment will contribute to the continuous development of the local market and enhance its attractiveness and competitiveness regionally and globally.