Council news


05 Oct 2013
Inauguration of GMCo Headquarters in Riyadh

Under the patronage of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud, His Excellency Dr. Ibrahim bin Abdulaziz Al-Assaf, the Minister of Finance in Saudi Arabia, inaugurated on Saturday, October 5, 2013, the headquarters of Gulf Monetary Council in Riyadh City.

On this occasion, His Excellency Dr. Fahd bin Abdullah Al Mubarak, the Chairman of Gulf Monetary Council, delivered a speech in which he praised the support and facilities provided by the Kingdom of Saudi Arabia to establish and host the headquarters of Gulf Monetary Council. His Excellency also expressed his thanks to their Majesties and Highnesses, the leaders of GCC countries, for their efforts and support for everything that involves promoting economic integration and coordinating the national economic policies between GCC countries.

The opening ceremony was attended by their Excellencies the finance ministers and central bank governors in GCC countries, in addition to His Excellency the Secretary-General of GCC countries. The Monetary Council also presented a commemorative gift to His Excellency Sheikh Salem bin Abdulaziz Al-Sabah, the Deputy Prime Minister in Kuwait, as appreciation to his previous role as a board member of Gulf Monetary Council during (2010-2012).