Title: Press Release: The Capital Markets Academy Signs Memorandum of Understanding with Boubyan Bank

Kuwait, October 7, 2025 - The Capital Markets Academy Signs Memorandum of Understanding with Boubyan Bank on Tuesday, October 7, 2025. In the presence of representatives from the two entities, the MoU was signed by Mr. Abdul-Aziz Al-Rushaid Al-Bader - General Manager of the Academy – on the behalf of the Academy, and Mr. Abdullah Ahmed Al-Mehri - Chief Operating Officer – on behalf of the Bank. The signing ceremony was attended by officials from the Capital Markets Academy – Kuwait and Boubyan Bank.

Moreover, in order to achieve our objectives related to the active contribution of raising efficiency of traders in the capital markets of the State of Kuwait, the CMA seeks to upgrade its academy to the ranks of advanced financial academies through several directives, such as enhancing cooperation in the training and research areas to qualify and improve the efficiency of the financial sector cadres through programs specialized in developing the investment financial skills, relying on the latest research, and using the best international methods applied at similar academies.

On this occasion, Mr. Abdul-Aziz Al-Rushaid Al-Bader – General Manager of the Capital Markets Academy stated that the Mou between the two entities is part of their wish to set a framework for joint cooperation on raising the public awareness of securities activity and the benefits and risks associated with investment in this activity and promoting its development, which serves the development directives of the Country derived from a supreme vision to transform into a leading regional financial center of an enabling investment environment that owns the required components. In addition, it contributes to achieving the objectives of the CMA’s National Project for Financial Inclusion and Investment Awareness among various society segments, which includes the educational banking sector, and the subsequent need for mutual cooperation and consultation, especially that the mentioned bank owns proven expertise within this framework through Boubyan Business School that has strategic partnerships in the areas of qualification in cooperation with distinguished international entities distributed between “leading” universities and institutions in the training field, which certainly contributes to upgrading the Academy’s training and qualification programs to the ranks of international training institutions.

On another side, Mr. Abdullah Ahmed Al-Mehri - Chief Operating Officer stated that signing the strategic MoU with the Capital Markets Academy is as extension to Boubyan’s vision of enhancing active national partnerships, particularly those concerned with enabling the national competencies, raising their professional abilities, and qualifying them with the necessary knowledge and skills to keep pace with the developed labor market requirements.

Mr. Adel Abdullah Al-Hammad - Human Resources Group General Manager at Boubyan stated that “we believe that specialized training, real qualification, and society awareness are core pillars for achieving sustainable development. Accordingly, we employ our capabilities and expertise to serve this mutual directive in order to enhance the opportunities of building a qualified national generation in both the banking and investment sectors”. He mentioned that the exchange of technical and qualification expertise with the Academy is one of the main areas of the agreement and contributes to preparing and qualifying a strong foundation of national cadres that are able to keep pace with the rapid changes in the financial sector.

He also stated that Boubyan attaches great importance to benefitting from the training programs provided by the Academy in cooperation with Boubyan Business School, whether through the qualification certificates and examinations approved by CISI or those specifically made to meet the training requirements of the bank, thereby, this partnership will serve as an effective tool in training and qualifying the Kuwaiti fresh graduates and expertise, and offer various field training opportunities in Boubyan for the participants of the training and qualification program of Kuwaiti recent graduates according to the requirements of the Capital Markets Academy, in addition to providing employment opportunities to the distinguished ones in the bank, as the distinguished trainers will obtain effective employment opportunities at Boubyan Group, which interprets our vision to transform training into a real professional path.

Mr. Abdul-Aziz Al-Rushaid Al-Bader – General Manager of the Capital Markets Academy expressed pride over this qualitative partnership with Boubyan Bank and confirmed that it forms a strategic step towards strengthening the financial training environment in the State of Kuwait and supporting the CMA’s efforts in building an advanced knowledge and professional system.

He stated that Boubyan Bank is considered a model for the national financial institution that adopts an integrated approach that aims to develop the human capital and enhance the investment culture. He noted that this agreement will open new prospects for the execution of specialized training programs and actual professional development for the employees of financial sector in the State of Kuwait.

He added that the joint efforts will include the implementation of awareness programs as part of the CMA’s National Project for Financial Inclusion and Investment Awareness through designing an integrated training content, determining the target groups, and organizing events in accordance with a studied time plan.

Mr. Al-Bader concluded with:
“We value the support of Boubyan Bank in delivering the CMA’s messages through its societal events and awareness initiatives. The coming period will witness series of training activities and mutual awareness programs to raise the efficiency of the professional cadres and contribute to build a more mature and professional financial environment in accordance with the highest international standards”.

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