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Title: Within the Framework of the Gulf Investment Awareness Program “Mulem”, the “Securities” will Launch a Campaign on the Awareness of the Importance of Listed Companies’ Governance under the Slogan of “Effective Governance is the Foundation of Sustainable Development”
Date Publish 03 April 2021


Kuwait, March 24, 2021- Within the framework of the Gulf Investment Awareness Program “Mulem”, the regulatory bodies of the financial markets in the countries of the Gulf Cooperation Council (GCC), in collaboration with the GCC General Secretariat, continue their efforts in raising the investment awareness of the investors in the GCC financial markets through the fourth campaign launched by the Securities and Commodities Authority (United Arab Emirates) during the month of April. 

The campaign, launched under the slogan of “Effective Governance is the Foundation of Sustainable Development”, aims to provide the guidance, bylaws, and systems of governance to the members of boards of directors and the officials of the listed companies, avoid the risks related to the performance of the company and its management, establish the vision that sound corporate governance leads to a successful performance and achievement, conscious risk management, and setting a smart strategy to the company’s work. 

The campaign mainly targets a number of categories including members of boards of directors of listed companies, senior officials of public shareholding companies, governance and investors relations’ officials of listed companies, shareholders and prospective investors, and the interested public in general such as researchers and media figures. 

The campaign uses several means such as the social media, satellites, newspapers, websites, and digital seminars (webinars). It also presents its contents through some media arts like infographics, animations, programs and interviews on the satellites, digital releases (brochures and booklets), informational competition, awareness articles, letters or paragraphs in newspapers. 

The CMA, through the activities of this campaign, seeks to support the application of institutional governance regulations, promote the application of the concepts of institutional discipline and wise management by the companies’ members of boards of directors and officials, and raise investors’ confidence in the companies and the capital market in general. 

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 executed in early November 2020 and targets persons who deal in the financial markets and those interested in such markets from various sectors.

According to this program, the regulatory bodies of the financial markets in each of the GCC countries sponsor a specific period of the program, by publishing various awareness messages that include press releases and messages that shall be posted on the websites and social media accounts of the participating parties, in addition to various media means.

The regulatory bodies of the financial markets in the GCC countries attach an great importance to the awareness of the financial markets to develop the investors’ skills and knowledge, protect them and enable them to take sound investment decisions at the appropriate time in order to encourage the investment and develop it in safe and attractive financial market to support the development and variety of the national economy. 

The regulatory bodies of the financial markets in the GCC countries began their first campaigns in November and December 2020 under the title of "Fundamentals of Investment" organized by the Capital Market Authority of Saudi Arabia, then "Think before you Invest" campaign that was implemented by the Capital Markets Authority of Kuwait during January 2021 followed by "Protect your Investments by Knowing your Rights and Obligations" campaign that was organized by Qatar Financial Markets Authority during February and March 2021.

The GCC General Secretariat, through the Gulf Investment Awareness Program “Mulem”, seeks to raise the awareness of the investors in the GCC countries, spread the awareness in the fundamentals of investment in the financial markets and the methods of fraud and risks, emphasize the need to adopt strategies that help reduce these risks, and define the regulations and legislations that govern transactions in the financial markets in order to increase the standards of efficiency and safety in them.

-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: 22903062
Fax: 22903505
Email: pr-media@cma.gov.kw

Disclaimer: The information provided on this page is for reference purposes only, visitors are encouraged to review and understand the information provided in the official scanned document attached in the link above (if available). The CMA endeavors to ensure that the information on this page is complete and accurate, but the CMA does not guarantee the quality, accuracy, or completeness of any content at any time. In the event the information on this page is different from the content in the official scanned document attached in the link (if available), the official scanned document attached shall take precedence.
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