GCC Provides $20 Billion in Support for Bahrain and Oman

Mar 10, 2011, 17:56 ET from Royal Embassy of Saudi Arabia, Information Office

WASHINGTON, March 10, 2011 /PRNewswire-USNewswire/ -- The Gulf Cooperation Council (GCC) foreign ministers concluded their meeting today in Riyadh, Saudi Arabia with a pledge of a 10 year, $20 billion economic support package for Bahrain and Oman. Each country will receive $10 billion for economic development.

"This decision is a clear signal of the GCC's commitment to support two of its member states, Bahrain and Oman," said Saudi Ambassador to the United States Adel bin Ahmed Al-Jubeir.

The GCC is comprised of Bahrain, Oman, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates.

For more information on Saudi Arabia, please visit www.saudiembassy.net or follow the Embassy on Twitter @SaudiEmbassyUSA or on the Embassy YouTube page. 

This is distributed by Qorvis Communications, LLC on behalf of the Royal Embassy of Saudi Arabia.  Additional information is available at the Department of Justice, Washington, D.C.

SOURCE Royal Embassy of Saudi Arabia, Information Office