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  HE the GCCSG Discusses with the World Bank's Country Director for the GCC Countries Areas of Mutual Cooperation between the Two Sides

General Secretariat - Riyadh

His Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), received Her Excellency Ms. Safaa El Tayeb El Kogali, the World Bank's Country Director for the GCC countries, at the headquarters of the General Secretariat in Riyadh.


During the meeting, several topics were discussed, notably the exploration and enhancement of relations and areas of mutual cooperation between the GCC and the World Bank in the GCC countries, contributing to the development of various GCC systems, including trade, investment, and finance.

Moreover, His Excellency commended the important role played by the World Bank in providing advice and consultations to the GCC countries in various fields, including the enhancement of the GCC systems and intensifying cooperation between the public and private sectors in the GCC countries.

He concluded his statement by emphasising the importance given by the GCC countries to participating in the World Bank's annual meetings, as these meetings provide numerous opportunities for communication among all relevant international parties in the financial, investment, and trade fields. 

Finally, His Excellency affirmed that the participation of the GCC countries in the upcoming meetings in October 2024 would be distinctive and beneficial, featuring various activities and events.