Tagged: capital markets authority

July 20, 2025 @ 4:31 pm By Michael Wong  |  

Kuwait’s Capital Markets Authority (CMA) has launched the country’s first securities-based crowdfunding platform, a move aimed at expanding capital market participation and introducing new financial technologies. The CMA said in a statement that Al-Mawazi Capital is the first entity to be registered under its securities-based… Read More

August 11, 2024 @ 2:10 pm By Michael Wong  |  

Kuwait has officially launched securities-based crowdfunding platforms, marking a significant milestone in the country’s financial technology landscape nearly two years after the initial draft for Fintech regulation was introduced. The announcement, made by Minister of Commerce and Industry Omar Al-Omar, represents a strategic move aimed… Read More

August 18, 2020 @ 11:37 pm By Omar Faridi  |  

Fintech Saudi, an initiative that aims to transform Saudi Arabia into an innovative Fintech Hub with “a thriving and responsible” financial technology ecosystem, has been supporting the Kingdom’s economy by establishing an ecosystem directory and an online jobs portal dedicated to Fintech professionals. Fintech Saudi… Read More

October 2, 2019 @ 11:57 pm By JD Alois  |  

This week, the Saudi Capital Market Authority (CMA) approved multiple “Financial Technology Experimental Permits.” The regulator granted the permits to: Buthoor Solidarity, Afaq and Emkan Alarabiya. Each company received permission to create an equity crowdfunding platform. The permission was given by Royal Decree No. (M/30)… Read More

August 20, 2019 @ 7:45 am By JD Alois  |  

According to a report, the Capital Markets, Insurance and Savings Authority of Israel is seeking to expedite the approval of Fintech licenses including blockchain-focused firms. Calcalist reports that the Authority is “working quickly to arrange licenses for Fintech companies” as it aims to boost innovation… Read More

September 18, 2017 @ 7:51 am By JD Alois  |  

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Lebanon’s Capital Markets Authority (CMA). The agreement is said to enhance information sharing and cooperation around supervisory issues, further extending the existing relationship between the two markets. DFSA has recently been… Read More