Title: The Capital Markets Authority Publishes the 20th Issue of its Electronic Awareness Magazine

Kuwait, June 1, 2025 - The Capital Markets Authority (CMA) has published the 20^th issue of its electronic awareness magazine, as the second issue of the magazine for the current year 2025.

The latest issue - the first issue after the issuance of the decree of formation of the new Board of Commissioners last April - opened with “Editorial” section by Mr. Emad Ahmed Ali Tifouni - Chairman of the Board of Commissioners, the Managing Director - titled “A Roadmap for the Next Phase: Ambitious Development Goals.” He began by referring to the institutional side of CMA’s work, which enabled a smooth transition of tasks to the new Board, moving on to discuss CMA’s commencement of the preparation stages for its strategy of the next phase for (2027-2028-2030-2031), which he considered a roadmap for that phase and expected to include several development directions that outline the prospects of local securities activities and contribute to achieving the government’s development vision “Kuwait 2035.”

The “Economic Leaders” section pays tribute to the biography of the late Abdulrahman Khaled Al-Ghunaim, Secretary-General of the Kuwaiti Local Conference during the period of the Iraqi invasion, and he was the organizer of its success. It explores aspects of his rich professional career in the worlds of politics and communications, in addition to his humanitarian and national roles that will remain unforgettable.

The “Legal Section” addressed the topic of the Capital Markets Authority's transparency, particularly regarding the nature of data and information, according to its various classifications, which range from public information that can be disclosed, information for internal use, and confidential information that cannot be disclosed. It was concluded by discussing the penalties for violating confidentiality and exploiting insider information.

The " Issue Event " section demonstrated the CMA's active external participations few days after the commencement of the new Board of Commissioners’ duties, starting with Kuwait hosting the works of the 30th meeting of the Heads of Capital Markets Authorities Committee (or their equivalent) in GCC countries, which focused on following up on the development of trends of effective and sustainable integration in the capital markets in the GCC countries. This was followed by the CMA’s participation in the 19th Annual Meeting of the Union of Arab Securities Authorities , held remotely and hosted by Algeria, which addressed the Union’s strategy for the years (2026-2030), in addition to studying financial inclusion in the Arab capital markets. The third and final participation was in the awards ceremony of the third edition of the Gulf Smart Investor Competition in Riyadh on May 7th.

The role of Kuwaiti women in executive positions as a driving force for innovative growth was discussed in the “Opinion and Vision” section, which presented some indicators related to empowerment of women and their leadership and supervisory responsibilities. It then discussed the role of women in Boards of Directors and reviewed successful regional cases in this regard.

The awareness section - as usual - after introducing some definitions related to securities activities, covers several topics: one of which includes a proposal to establish a national financial awareness index, while the second presents the CMA's Boards of Commissioners and the most notable achievements, starting with its founding Board in 2010 and ending with its current Board, recently formed last April. The final section focuses on the CMA's efforts to educate the youth, the starting point of which was participation in the latest edition of KUNA Junior.

The “Information Awareness” section covered the international standard for quality of IT services IEC 20000-1:2018.

The “Issue File” section is allocated for the development initiatives for capital markets, which are approaching their final stages, such as the Market Development Program and the project of XBRL Electronic Disclosure System.

The topic of financial technology as a future financial industry and its developments, and the CMA's role in regulating it was the subject of the "Prospects and Trends" section. The section reviewed the history of financial technology and the most prominent technologies used in providing financial services, such as blockchain technology and artificial intelligence. It also highlighted the CMA's objectives for regulating these services, starting with securities-based crowdfunding and automated investment advisors.

“The Core” section examines intangible assets as the most prominent tool to add value for global technology companies.

The “Studies” section presented the diversified investment tools and distributing investment risks in the financial markets, which demonstrated investment portfolios as a model for it, and presented their objectives, concept, types, components, management, and controls.

The most prominent events and activities of the CMA during the issuance period extending between March and May were summarized in the “Events” section.

In the issue’s final section “In conclusion”, the editor-in-chief of the magazine Mr. Khaled Al-Saqer, Awareness Office Director at the CMA, presents the topic of Artificial intelligence as the technological revolution, and digital transformation and its rapid growth in our world today, and the tremendous opportunities and challenges that require preparation to be addressed and to benefit from the advantages of artificial intelligence in both the public and private sectors.

Finally, it is worth noting that CMA’s electronic awareness magazine is a quarterly awareness publication concerned with the awareness of financial, investment, and legal issues related to securities activities, in addition to covering the CMA’s news and events during the issuance period.

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