The Gulf Investment Awareness Program “Mulim” announced the launch of the second edition of its competition for the “GCC Smart Investor” Award, after increasing the value of its awards to more than one million Saudi riyals.
The competition is one of the program’s initiatives that aims to motivate and urge GCC citizens and residents to produce awareness content that contributes to spreading investment culture, raising awareness of the importance of specific concepts, such as saving, investing, financial fraud, and others, and raising the degree of financial awareness among the public to enhance their ability to properly plan for the future, achieve their financial objectives by enabling them to have the capabilities to make the right financial decisions that achieve financial stability.
The award also aims to raise the level of financial culture by acquiring the necessary skills and various methods that help in how to use financial resources in the most effective manner and with the highest possible levels of success.
Applications will be received from September 2023 until November of this year, during which the applications will be evaluated by a committee, which will be formed for this purpose, to oversee the award process. The committee will include a number of experts from across the GCC.
It is noteworthy that the first similar competitions were launched by “Mulim” during the past year, 2022, and its results were announced at the end of last January, after its awards amounted to (275) thousand Saudi riyals, divided among the first winners in its three tracks of its competitions (videography, photography, and drawing). While the current (second) competition includes four tracks after adding “Writing” to the previous three tracks. The categories that can participate in the competition are divided between individuals, university students, and school students. Adding a new track was not the only change that took place in the competition. Rather, there were two other fundamental changes, namely quadrupling the value of the awards to reach one million Saudi riyals - as we mentioned above - as well as increasing the number of winners in its four tracks to 36 winners, compared to only (9) winners in its first edition.
Finally, it is worth noting that the Gulf Investment Awareness Program “Mulim” was launched under the umbrella of the General Secretariat of the Gulf Cooperation Council with the participation of securities authorities in the Gulf Cooperation Council countries, with the aim of raising awareness of financial transactions and investment in financial markets through the campaigns and awareness events it offers.
Those wishing to participate in the competition can upload their applications to the award's webpage on the program’s website (https://mulimgcc.org/). They can also view its content, conditions, and participation mechanisms through the award's webpage on the “Mulim” website (https://mulimgcc.org/khaliji-investor-week), and they can also contact the program's officials with their relevant questions and inquiries through the program’s website itself, or its social media platforms on Twitter and Instagram “@MulimGCC”.