His Excellency Mohammed bin Abdullah Al-Kuwaiz, chairman of the Capital Market Authority, urged young participants at the Misk Global Forum 2024 to recognize the importance of early investment as a key step toward building a successful financial future. Speaking during a panel discussion at the forum's eighth edition, he explained that starting early gives young people the chance to learn from mistakes and build knowledge and confidence, strengthening their ability to face and benefit from risk.

Al-Kuwaiz also stressed the importance of diversifying investments and starting with small amounts to avoid major risks, noting that gaining knowledge and confidence contributes directly to achieving long-term investment success.

The Capital Market and Saudi Vision 2030

Al-Kuwaiz addressed the role of the capital market in achieving the targets of Saudi Vision 2030, which focuses on diversifying the economy and building new sectors and cities. He noted that the market serves as an ideal platform for enabling young people to put their savings to work in ambitious ventures, supporting economic growth both in the Kingdom and globally.

Programs to Raise Youth Investment Awareness

Al-Kuwaiz outlined several Capital Market Authority programs, including:

  • The Thameen Program: aims to raise young people's investment awareness through written and video educational materials.
  • Field and university visits: organizing visits for university students to strengthen their understanding of the capital market.
  • The simulated portfolio: allows young people to practice virtual trading with simulated funds via the "Tadawul" website, giving them hands-on experience in a safe environment.
  • The Smart Investor Competition: to foster a spirit of competition and knowledge in the field of investment.

Misk Global Forum 2024: A Platform to Support Youth

This year's forum was held under the theme "By Youth, for Youth," showcasing initiatives from the Mohammed bin Salman "Misk" Foundation focused on creativity, innovation and building cultural bridges with the world. These efforts fall under the foundation's various tracks, such as:

  • Community.
  • Entrepreneurship.
  • Skills.
  • Leaders.

These efforts aim to empower Saudi youth and prepare them to lead the future effectively, drawing on the tools provided by "Misk" and its affiliated entities, such as the Misk non-profit city, the Misk Art Institute, and Manga Productions.