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PRINCE SALMAN OPENS JOINT MEETING OF ARAB FINANCIAL BODIES
Riyadh, 17th Apr 2001

    ON BEHALF OF CROWN PRINCE ABDULLAH BIN ABDULAZIZ, THE DEPUTY PREMIER AND COMMANDER OF THE NATIONAL GUARD, PRINCE SALMAN BIN ABDULAZIZ, THE GOVERNOR OF RIYADH REGION, OPENED HERE TODAY THE JOINT MEETING OF ARAB FINANCIAL INSTITUTIONS.

ON ARRIVAL AT THE VENUE OF THE CEREMONY, PRINCE SALMAN WAS RECEIVED BY THE MINISTER OF FINANCE AND NATIONAL ECONOMY, DR. IBRAHIM AL-ASSAF, THE GOVERNOR OF THE SAUDI ARABIAN MONETARY AGENCY, HAMAD ALSAYYARI AND A NUMBER OF OFFICIALS.

HE WAS GREETED ALSO BY THE ARAB MINISTERS OF FINANCE AND ECONOMY AND THE GOVERNORS OF CENTRAL BANKS AND MONETARY AGENCIES IN THE ARAB COUNTRIES. PRINCE SALMAN READ THE SPEECH OF THE CROWN PRINCE AT THE MEETING.

IN HIS SPEECH, CROWN PRINCE ABDULLAH EXPRESSED THE BEST WISHES OF THE CUSTODIAN OF THE TWO HOLY MOSQUES, KING FAHD BIN ABDULAZIZ TO THE PARTICIPANTS OF THE MEETING.

CROWN PRINCE ABDULLAH AFFIRMED THAT THE KINGDOM HAS BEEN EXTENDING BIG ATTENTION TO JOINT ARAB ACTION.

'MOREOVER, THE KINGDOM HAS PLAYED AN EFFECTIVE ROLE IN ESTABLISHING ARAB FINANCIAL INSTITUTIONS WHICH CONTINUE TO RECEIVE THE SAUDI SUPPORT,' HE SAID. THE CROWN PRINCE SAID ' THE KINGDOM HAS BEEN FOLLOWING WITH INTEREST THE PROGRESS OF THESE ARAB FINANCIAL INSTITUTIONS.

MOREOVER, THE KINGDOM HAS BEEN CONTINUING ITS EFFORTS TO SUPPORT THE ECONOMIC DEVELOPMENT OF THE ARAB COUNTRIES AND ENHANCE ECONOMIC AND TRADE COOPERATION AMONG THEM.'

THE CROWN PRINCE SAID THAT HE WAS HAPPY WITH THE CONCRETE ACHIEVEMENTS OF THESE INSTITUTIONS AND THE STRENGTHENING OF THEIR FINANCIAL POSITIONS.


Source: SPA

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17 April 2001 03:27:43 PM

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