Riyadh, saudi Arabia – A Royal Order has been issued appointing Dr. Marie bin Saad bin Marie Habbash as a new member of the Capital Market Authority Council, the Authority announced today. This strategic appointment signifies a commitment to bolstering the Authority’s leadership with seasoned professionals.
Recognition of Former Council Member
Table of Contents
- 1. Recognition of Former Council Member
- 2. Expertise and Background of Dr. Habbash
- 3. Leadership Roles and Contributions
- 4. The Growing importance of Corporate Governance
- 5. Frequently Asked Questions about the Capital Market Authority
- 6. What impact might Dr. Habbash’s expertise in economic policy and financial analysis have on the CMA’s approach too regulating digital assets like cryptocurrencies?
- 7. dr. Maraaya bin Saad Habbash Appointed to Capital Market Authority Council by royal Order
- 8. Royal Decree and Council Composition
- 9. Dr.Maraaya bin Saad Habbash: A Profile
- 10. Implications for the Saudi Capital Market
- 11. The Role of the Capital Market authority (CMA)
- 12. Recent CMA Initiatives & Future Outlook
The Capital Market Authority simultaneously expressed its gratitude for the contributions of Dr. Walid bin Muhammad Al-Issa, a previous council Member.Dr. Al-Issa has been appointed to the Shura council, marking a transition that the Authority acknowledged with gratitude.
Expertise and Background of Dr. Habbash
The inclusion of Dr. Habbash to the Council is expected to add significant value, given her deep-rooted experience in critical areas. Her professional background encompasses corporate governance, accounting practices, financial market dynamics, and investment strategies. She possesses a Doctorate in Corporate Governance from the University of Derm and a Master’s Degree in Accounting and Finance from the University of Birmingham.
Dr. Habbash also holds the prestigious Saudi Fellowship for Legal Accountants, alongside a series of higher diplomas in commercial arbitration, entrepreneurship, and sustainability. did You Know? The Saudi Capital Market Authority plays a pivotal role in regulating and developing the Saudi financial market, contributing to the Kingdom’s Vision 2030 economic diversification goals.
Leadership Roles and Contributions
Throughout her career, dr. Habbash has demonstrated considerable leadership capabilities. She previously served as the President of the Accounting Department at King Khalid University and held the position of Presidency of Governance Services at the Governance Center of the Public Investment Fund. Additionally, she has contributed her expertise as a governance advisor to both the National Center for the Progress of the Non-Performing Sector and the Capital Market Authority itself.
| Area of Expertise | Key Qualification |
|---|---|
| Corporate Governance | Doctorate from the University of Derm |
| Accounting & Finance | Master’s Degree from the University of Birmingham |
| Professional Certification | Saudi Fellowship for Legal Accountants |
Pro Tip: Understanding the backgrounds of key figures within financial regulatory bodies offers valuable insight into potential policy directions and market evolution.
The Growing importance of Corporate Governance
Corporate governance has become increasingly central to the stability and openness of financial markets globally. Strong governance practices mitigate risk, attract investment, and foster sustainable growth. The appointment of Dr. Habbash underscores the Capital Market Authority’s dedication to maintaining high standards in this critical area.According to a recent report by PwC, companies with robust governance structures consistently outperform their peers.
- What is the role of the capital Market Authority? The Capital Market Authority regulates and supervises the Saudi financial market to ensure fairness, transparency, and investor protection.
- What are Dr. Habbash’s key areas of expertise? Dr. Habbash specializes in corporate governance, accounting, financial markets, and investment.
- Why is corporate governance crucial for financial markets? strong corporate governance practices promote stability, attract investment, and mitigate risk.
- What was Dr. Al-Issa’s previous role? Dr. Al-Issa was formerly a member of the Capital Market Authority Council.
- What is Saudi Vision 2030? Saudi Vision 2030 is a strategic framework to reduce the Kingdom’s dependence on oil,diversify its economy,and develop public service sectors.
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What impact might Dr. Habbash’s expertise in economic policy and financial analysis have on the CMA’s approach too regulating digital assets like cryptocurrencies?
Royal Decree and Council Composition
On September 27, 2025, a Royal Order was issued appointing Dr. Maraaya bin Saad Habbash to the esteemed Capital Market Authority (CMA) Council. This appointment signifies a strategic move to bolster the CMA’s expertise and drive forward Saudi Arabia’s financial market growth. The CMA, responsible for regulating and supervising the Saudi capital market, plays a pivotal role in attracting investment and ensuring market stability. Dr. Habbash’s inclusion strengthens the council’s ability to navigate the evolving landscape of financial regulation and capital markets.
Dr.Maraaya bin Saad Habbash: A Profile
Dr. maraaya bin Saad Habbash brings a wealth of experience and a distinguished academic background to the CMA Council. While specific details regarding her prior roles are currently limited in publicly available sources, her appointment suggests a strong foundation in economic policy, financial analysis, and potentially corporate governance.Her expertise is expected to contribute considerably to the CMA’s decision-making processes.
* Academic Credentials: details regarding Dr. Habbash’s degrees and institutions attended are anticipated to be released by official channels.
* Professional Experience: further facts regarding her previous positions within the financial sector or governmental bodies will be crucial in understanding her specific contributions.
* Areas of Expertise: Based on the CMA’s current priorities, Dr.habbash’s expertise likely encompasses areas such as FinTech regulation, enduring finance, and investor protection.
Implications for the Saudi Capital Market
The appointment of Dr.Habbash is expected to have several positive implications for the Saudi capital market.
- Enhanced Regulatory Oversight: Her presence on the CMA Council will contribute to more robust and informed regulatory oversight, fostering investor confidence.
- Innovation and Modernization: Dr. Habbash’s insights can definitely help the CMA adapt to emerging trends in financial technology and digital assets.
- Alignment with Vision 2030: This appointment aligns with Saudi Arabia’s Vision 2030 goals of diversifying the economy and attracting foreign investment. the CMA plays a key role in achieving these objectives.
- Improved Corporate Governance: Strengthening corporate governance standards is a priority for the CMA, and Dr. Habbash’s expertise will be valuable in this area.
The CMA is the self-reliant regulatory body responsible for developing and regulating the Saudi capital market. Its key functions include:
* Issuing Regulations: Establishing rules and regulations governing securities trading, investment funds, and other capital market activities.
* Supervising Market participants: Monitoring the activities of brokers, investment banks, and other financial institutions.
* Protecting Investors: Ensuring fair and obvious market practices and safeguarding investor interests.
* Enforcing Compliance: Investigating and taking action against violations of capital market laws and regulations.
* Promoting Market Development: supporting the growth and innovation of the Saudi capital market. This includes initiatives related to Initial Public Offerings (IPOs) and market liquidity.
Recent CMA Initiatives & Future Outlook
The CMA has recently undertaken several initiatives to modernize the Saudi capital market,including:
* Expansion of Qualified Investor Programs: Attracting a wider range of institutional and high-net-worth investors.
* Development of a Regulatory framework for Digital Assets: Addressing the challenges and opportunities presented by cryptocurrencies and blockchain technology.
* Enhancements to Disclosure Requirements: Improving clarity and accountability in the market.
* Focus on ESG (Environmental, Social, and Governance) Investing: Promoting sustainable investment practices.
dr.Habbash’s appointment comes at a crucial time as the CMA continues to implement these initiatives and navigate the evolving global financial landscape. The Saudi Exchange (Tadawul) is expected to benefit from the strengthened regulatory framework and increased investor confidence. Further developments in derivatives trading and fixed income markets are also anticipated.
