Title: Press Release: The Capital Markets Authority Completes the First Phase of Preparing its Fourth Strategy for the Years 2027/2028-2030/2031

Kuwait, 29 September 2025 – The Capital Markets Authority (CMA) announces the completion of the first phase of the preparation works of it fourth strategy, prepared by its national cadres, to form a roadmap to CMA’s future directions during the period of (2027/2028-2030/2031)

Comprehensive Evaluation and Broad Interaction 

The first phase included preparing an analysis of the current situation, which involved a widespread internal and external environmental survey. This survey received significant interaction from various stakeholders that were classified into four main categories, comprising more than (80) local and international entities, including:

• International regulatory bodies.

• Local regulatory and governmental institutions.

• Strategic partners in the market development.

• Entities subject to the CMA's supervision and international financial and investment institutions.

The CMA extends its sincere gratitude and appreciation to participants for their valuable insights, which contributed to identifying best practices and relevant standards, identifying traders’ aspirations, and enhancing opportunities for future cooperation.

Analysis and Foresight Tools

The process included a comprehensive internal analysis on the aspirations of the CMA's leaders and organizational units, as well as the institutional capabilities supporting the implementation of these aspirations. A set of advanced strategic tools was used, such as:

• Benchmarking.

• Risk-Based Analysis.

• PESTEL Analysis.

• SWOT Analysis.

The current situation report and environmental survey are the primary tool for defining the change agenda, upon which the strategic plan's components are built, including its vision, mission, values, strategic objectives, initiatives, and indicators, leading to the implementation and operational plan.

Extension and Integration

The CMA confirms that its fourth strategy represents an extension of the achievements of its current strategy, which adopted several initiatives that enhanced the development of the local capital market. Based on its vital role in supporting the national economy and strengthening Kuwait's financial position, the new strategy serves as an integrated connection with the States development plans, which enhances:

• Developing and growing financial markets.

• Sustainability and social responsibility.

• Embracing digital transformation and financial inclusion.

• Institutional excellence.

• Local, regional, and international cooperation.

• Contributing to raising Kuwait's ranking in global indices

A Vision for the Future

The CMA believes that the planning process is an essential tool for allocating resources efficiently and effectively, ensuring the CMA’s supervisory and regulatory role over capital market activities and enhancing its direct contribution to developing the national economy and achieving Kuwait's Vision 2035 in its economic aspect.