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The Capital Market Authority (CMA) held today, Dec. 20, an evening hailing the launch of a new book titled “The Story of the Market", which documents key stages in the Saudi capital market's history that have not been tackled before.
The evening comprised a panel discussion attended by the CMA Chairman, Mohammed Elkuwaiz, Governor of the Saudi Central Bank, Fahad bin Abdullah Al-Mubarak, and Managing Director and Chairman of the Kuwaiti Capital Markets Authority, Ahmed Al Melhem.
The book, issued in two “research and illustration" versions by the Saudi CMA, addresses the history of the Saudi Capital Market through three stages, starting with the inception of national joint stock companies and challenges faced in the early years of the last century, passing through assigning the supervision of the capital market to a ministerial committee, to the last stage which witnessed the issuance of the Capital Market Law and establishing its relevant system.
The CMA provided various channels and tools to enable readers to view “The Story of the Market” and the illustrations version through a special website that allows browsers to go through the book sections, or book reading applications.
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