GCC Smart Investor Award Honors 36 Winners with Prizes Amounting to More than RO 100,000
Omani participants secure 12 wins in the Gulf Smart Investor Award 2024 in its 2nd edition; which is organized by the Saudi Capital Market Authority in collaboration with the FSA and other GCC capital markets regulators. The number of the places competed was 36 divided into four categories which are videography, drawing, photography and writing. Groups of participants are individuals, higher education students and school students.
The winners were announced during a celebration organized by the Saudi Capital Market Authority in Riyadh and their prizes amounted to more than RO 100,000.
During the ceremony, the winners of the first places of the four categories were awarded. For the videography category for individuals group, Shabeeb Said Al Hadi won the first place and was awarded a cash prize of RO 10,000. For the videography category for school students, Aisha Mohammed Al Yaqoobi won the first place and was awarded a cash prize of RO 5000. For the photography category, Maather Ali Al Ghatrasi won the first place for university students group and was awarded a cash prize of RO 2500. For the photography category, Manasik Sultan Al Darmaki won the first place for school students and was awarded a cash prize of RO 1500. For the drawing category, Lamia Salim Al Risi won the first place for university students and was awarded a cash prize of RO 5000. As for the other Omani winners, they won the second places of the different award categories and age groups.
The award represents one of the initiatives of the Investment Awareness Program "Mulim", which aims at motivating participants from the GCC Countries to produce awareness content and present creative ideas related to financial transactions.
This year, there was a tremendous competition among the participants as the number of participations reached more than 45,000 among the four categories of the award.
The award’s groups of participants were individuals, higher education students and school students. School students group’s participations were the highest among the groups with more than 36,000; representing about 80% of the total number of participations.
The value of the award and number of winners has amounted to more than four times as a result of the huge participation that the first edition witnessed. This is to enhance and strengthen the objectives behind this award, promoting awareness and enriching awareness content on the importance of saving and investment.
It is noteworthy that the Investment Awareness Program "Mulim" was launched under the umbrella of Secretariat General of the Gulf Cooperation Council with participation of the regulators of the GCC capital markets. It aims at raising awareness of the culture of financial transactions and investment in the capital markets through a number of awareness activities and campaigns.