CMA ‘smart investor week’ targets young



ARAB NEWS

Published — Wednesday 16 January 2013

Last update 16 January 2013 12:08 am

| نسخة PDF Print News | A A

The Capital Market Authority (CMA), in cooperation with Child & Youth Finance International (CYFI), is launching “The Smart Investor Week” at the Scitech Cultural & Entertainment Festival.
The annual festival takes place from Jan. 17-25 at the Sultan bin Abdul Aziz Science and Technology Center(SciTech) at the King Fahd University of Petroleum and Minerals.
The Smart Investor Week includes several activities. The Mobile Library enables children to browse through “Smart Investor” magazines. The financial awareness exhibition focuses on defining the Saudi currency “Riyal”, its history and development over the years. Children will also receive tips on investments and savings.
Youngsters can also to practice drawing and sketching that aims to promote a positive culture toward money. The exhibition will also include interactive screens with games and financial contests.
During the week, eight training sessions will be available for children about financial planning skills as well as a lecture for parents on relevant issues.
On the Center’s Theater, the Smart Investor interactive play will be presented to the public, which aims to educate them about the value of money and savings methods and other financial skills.
The week’s goals and objectives are: building a financially conscious generation prepared to positively interact with the community in regard to financial transactions, educating students in all issues that are related to daily financial transactions, introducing the principles of money management, investments and savings to children and introducing them to institutions dealing with financial transactions.
In addition, it aims at instilling ethics and values in children in all matters that are related to money and trains them with skills to effectively manage financial consumption.

What's happening around Saudi Arabia

JEDDAH: The Kingdom and Namibia have signed a protocol to establish diplomatic relations between them.According to SPA, the protocol was signed on Tuesday by Saudi Arabia’s Permanent Representative at the United Nations Abdullah Al-Mouallimi and his...
JEDDAH: Official reports reveal nationalization levels of medical and health workers in the Kingdom remain low, with Saudi nationals making up only 21.7 percent of physicians, 31.8 percent of nurses, and 67.4 percent of ancillary staff.According to t...
JEDDAH: The Saudi Food and Drugs Authority (SFDA) will begin receiving clearance applications for medicines and medical supplies, including drugs containing narcotic or psychotropic substances, for Haj missions or other government bodies on Saturday....
JEDDAH: Saudi importers of cattle said the Haj season this year will not see an increase in the price of livestock due to the stability of the local market and the available supply.There are also guarantees from exporting countries that required quan...
JEDDAH: At the upcoming elections the national identity card will be the only approved document used for identifying voters of both genders and allowing voters to exercise their electoral right, provided all statutory requirements are met.In a press...
JEDDAH: Education Minister Azzam Al-Dakhil has spoken of a new education policy which emphasizes the importance of harmonizing admission policies in universities with the needs of the labor market.Al-Dakhil made these remarks during a meeting with un...
JEDDAH: Local bottled water consumption during the summer, Umrah and Haj seasons this year will increase by 10 percent.“This translates into an annual growth rate of between 4 percent and 5 percent,” Rashed Bin-Zouma, a water industry expert, was qu...
RIYADH: Four Saudi secondary students including a young woman from the Eastern Province have received prestigious medals at the 47th International Chemistry Olympiad (IChO), which concluded in Azerbaijan last week.The winners of the four bronze medal...
JEDDAH: The UAE’s decision to lift fuel subsidies beginning in August has raised the possibility of other Gulf states following suit.Economists suggest a wide disparity of prices of gasoline in the Gulf countries will lead to more petrol smuggling op...
DAMMAM: The tourism industry in the Kingdom is witnessing great interest by authorities to develop the archaeological areas, promote their support services and create the best environment for tourism products, said businessman Abdul Mohsen Al-Hokair....
JEDDAH: The ongoing World Circus at north Obhur has brought smiles on the faces of orphans, with its show of acrobats featuring 20 performers and clowns.The orphans of Al-Rawdah district charitable organization said they found the circus entertaining...
RIYADH: The Nepalese ambassador to Saudi Arabia, Udayaraj Pandey, thanked the Kingdom on Thursday as he ends his four-year tour of duty in Saudi Arabia.Earlier in the day, he called on Riyadh Gov. Prince Faisal bin Bandar to pay him a courtesy call a...
RIYADH: Movies produced by young and amateur Saudi filmmakers will be shown on Saudi Television starting in the middle of next week.“The films will be shown daily to encourage young Saudi filmmakers,” said Abdulaziz Fahad Al-Eid, senior broadcaster a...
RIYADH: The King Abdul Aziz City for Science and Technology (KACST) signed a memorandum of understanding on Thursday with the Saudi Electricity Co. (SEC) and Taqnia Energy to launch the first standalone 50MW solar power station at Al-Aflaj.KACST also...
UN Secretary General Ban Ki-moon and Saudi Arabia’s permanent representative to the UN Abdullah Al- Muallami unveiled a beautifully framed old kiswa (covering) of the door of the Holy Kaaba at one of the newly refurbished halls of the world body. The...

Stay Connected

Facebook