Award Ceremony for the "Boursa" Trading and Investment Competition
The award ceremony for the winners of the "Boursa" Trading and Investment Competition was held on Tuesday, June 3, 2025, at the headquarters of the Libyan Stock Market in Tripoli. The event was sponsored by Tadawul Financial Group.
About Boursa
Boursa is a financial technology (FinTech) company specializing in the development of intelligent solutions for trading and investment, powered by artificial intelligence. The company also offers simplified educational content in Arabic, aiming to empower individuals to understand the basics of investing and confidently enter financial markets.
On February 1, 2025, "Boursa" launched its mobile application on both the Apple and Android app stores, allowing users in Libya to access global financial markets in addition to the Libyan Stock Market. On the same day, the company announced the launch of the first competition of its kind in Libya for trading and investment, designed to provide a practical educational experience for participants without the need to use real money. The competition received wide engagement and contributed to raising financial awareness among youth and beginner investors all across Libya.
The Competition
The competition ran for three months, from February 1 to the end of April 2025. Each contestant was given a virtual balance of 50,000 Libyan dinars at the start, which they used to trade on the platform. With this virtual balance, participants were able to buy and sell a wide range of assets—from commodities like wheat and silver to cryptocurrencies and global indices—aiming to profit from price fluctuations. Winners were those who achieved the highest return percentages at the end of each month. They received valuable prizes from Tadawul Financial Group, in the form of shares in various Libyan companies listed on the Libyan Stock Market.
A total of 1,729 contestants participated, with a total of 8,405 trades executed. The competition saw intense excitement and diverse trading strategies; some participants focused on high-risk assets such as cryptocurrencies—especially Bitcoin and Ethereum—known for their volatility. Others preferred to trade in more stable and secure assets like gold, aiming for steady profits.
The Award Ceremony
The ceremony was held at the Libyan Stock Market headquarters in the Hay El-Andalus in Tripoli, attended by representatives of the Libyan Stock Market, including Dr. Ahmed Karoud, Director of the Libyan Stock Market, and Mr. Mohamed Al-Sallabi. Representatives from Boursa as well as Tadawul Financial Group were also present, headed by its Chairman, Mr. Nouman Al-Bouri.
The event celebrated the outstanding efforts of the top participants in the "Boursa" competition, who demonstrated high-level skills in trading and investment.
The ceremony began with a speech by Mr. Feras Gherfal, Sales and Partnerships Director at Boursa. He shared a brief history of the company and outlined its vision for the future. He also highlighted Boursa's key products—particularly the Boursa app—which serves as a gateway for users to explore the world of stocks and currencies. Mr. Gherfal praised the app for its user-friendly interface and diverse features, emphasizing its compliance with top global standards.
Mr. Naaman El Bouri, Chairman of Tadawul Financial Group, also delivered a speech in which he praised the initiative and emphasized the importance of such events in promoting a culture of trading and investment in Libya’s financial market.
A speech by Mr. Mohamed Al-Sallabi, representative of the Libyan Stock Market, highlighted the importance of reviving the stock market following a period of economic challenges. He confirmed that the Libyan market is now full of promising opportunities for new investors, especially with the support of regulatory authorities and ongoing development of market infrastructure.
As a strategic step to support the winners of the Boursa competition, Mr. Al-Sallabi announced the launch of intensive and exclusive training courses for them, aimed at enhancing their skills and deepening their understanding of trading mechanisms, enabling them to invest their prizes wisely and professionally.
The event concluded with the winners being invited to the stage to receive their awards and pose for commemorative photos, in an atmosphere filled with pride and celebration of their achievements.