- Home
- Middle East
- UAE
- Obaid Al Tayer chairs 112th meeting of GCC Financial and Economic Cooperation Committee
Obaid Al Tayer Chairs 112th Meeting Of GCC Financial And Economic Cooperation Committee
Faizan Hashmi Published October 25, 2020 | 11:00 PM
RIYADH, (UrduPoint / Pakistan Point News / WAM - 25th Oct, 2020) Obaid Humaid Al Tayer, Minister of State for Financial Affairs, chaired the 112th meeting of the Gulf Cooperation Council, GCC, Financial and Economic Cooperation Committee, which was attended by GCC ministers of finance and Dr. Nayef Falah M. Al Hajraf, Secretary-General of the GCC.
During the meeting, which was held remotely today, the committee discussed several issues related to the financial and economic cooperation between member countries of the GCC, which is currently headed by Saudi Arabia.
The committee also reviewed recommendations submitted by the GCC Committee of Governors of Monetary Institutions and Central Banks, the GCC Customs Union and the GCC Common Market Committee.
The meeting then addressed the mechanisms of approval and implementation of economic decisions related to joint GCC actions, as well as the procedures for approving funding used by GCC financial and economic cooperation ministerial committees. Participants also reviewed the vision of the GCC Secretariat-General for strengthening GCC joint action in the financial and economic sectors for the post-COVID19 period. The ministers were additionally briefed on the progress of the GCC Economic Unity Achievement Programme.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago