The Capital Market Authority Board has issued a decision to form the Scientific Committee for the Research Agenda Program, which is dedicated to building bridges of communication with researchers in academic institutions and research centers to provide rigorous applied research in fields related to capital markets and CMA's primary functions. The committee's first term includes five members who are academic and professional experts with experience and publications in peer-reviewed scientific journals.

The committee members for the first term are: Dr. Walid Alissa, a member of the Capital Market Authority Board, as the committee chairman; Dr. Asem Alhomaidi; Dr. Heba Gazzaz; Dr. Abdullah Alshwer; and Dr. Haitham Al-Zoubi as Independent Members.

The committee aims to formulate the general policy for the Research Agenda Program, contribute to increasing the number and quality of research that serves the capital market in the Kingdom of Saudi Arabia, participate in improving the data and information environment related to the capital market, and strengthen research partnerships between the capital market sector and its institutions with universities and research centers.

The Scientific Committee for the Research Agenda Program is responsible for several tasks and responsibilities, including proposing improvements for research partnerships with local and international universities and research centers. The committee also selects a list of research areas important to the capital market sector for the annual research agenda cycle, approves the frameworks for proposed research projects, conducts the final review of completed research drafts, approves them, recommends their publication, and provides proposals for enhancing the quality of data related to the capital market.

The formation of the Scientific Committee for the Research Agenda Program is an extension of the Capital Market Authority's efforts and commitment to enriching scientific research in capital market fields. The committee is formed by a decision from the Capital Market Authority Board and consists of no fewer than five and no more than seven members, with one board member serving as the committee chairman. At least two-thirds of the committee members must be independent.

The Capital Market Authority Board issued its decision on January 22, 2024, to approve the charter for the Scientific Committee for the Research Agenda Program. This decision is part of the Authority's efforts to support and develop research in the capital market field and to enhance research partnerships.

For more information and details about the Scientific Committee for the Research Agenda Program in its first term, please visit the Authority's website through the following link (here).