Council news

Workshop "Financial Stability Challenges"

The Gulf Monetary Council (GMCo) in cooperation with Central Bank of Bahrain held online workshop on “Financial Stability Challenges” during 06 October 2026. The workshop hosted more than 20 participants from representatives of central banks in GCC countries and international financial institutions together with the GCC institutions.

The main purpose of the workshop was to discuss the potential implications of recent geopolitics on GCC countries.

Participants took part in presentations are GMCo, Most GCC of Central Banks, World Bank Group, Arab Monetary Fund (AMF), and GCC Secretariate General represented by Economic and Development Affairs Commission.

This, GMCo is also keen to continue holding meetings and workshops to enhance technical cooperation between national central banks, coordinate monetary policies, and dedicate efforts towards financial stability in GCC countries.

Gulf Monetary Council Held its Sixty-Sixth Board Meeting

The Gulf Monetary Council (GMCo) held its sixty-sixth meeting for Board of Directors, Monday, September 14, 2026, in Kingdom of Bahrain. His Excellency Mr. Khaled Humaidan, the Governor of Central Bank of Bahrain, chaired the board meeting, which was attended by their Excellencies the Governors of national central banks in member countries, and in addition to participation of His Excellency GMCo’s president.

The Board meeting discussed a number of topics on the agenda and took the appropriate decisions in their regard.

Gulf Monetary Council Welcomes Delegation from the Union of Arab Banks

Mr. Turki Dhaifallah Almutairi, Chief Executive Officer of the Gulf Monetary Council, welcomed a delegation from the Union of Arab Banks, led by Dr. Wissam Fattouh, Secretary General of the Union, at the Council’s headquarters on 8 July 2026. The visit forms part of the Union of Arab Banks efforts to strengthen collaboration and foster closer ties with regional banking and financial institutions.

During the meeting, both sides exchanged views on topics of mutual interest and explored opportunities to strengthen cooperation, as well as enhance the exchange of knowledge and expertise.

Gulf Monetary Council Held its Sixty-Fifth Board Meeting

The Gulf Monetary Council (GMCo) held its sixty-fifth meeting for Board of Directors, Monday, September 16, 2026, in Kingdom of Bahrain.

His Excellency Mr. Khaled Humaidan, the Governor of Central Bank of Bahrain, chaired the board meeting, which was attended by their Excellencies the Governors of national central banks in member countries, and in addition to participation of His Excellency GMCo’s president.

The Board meeting discussed a number of topics on the agenda and took the appropriate decisions in their regard.

Gulf Monetary Council Held its Sixty-Fourth Board Meeting

The Gulf Monetary Council (GMCo) held its sixty-fourth meeting for Board of Directors, Sunday, September 14, 2025, in Kuwait.

His Excellency Mr. Khaled Humaidan, the Governor of Central Bank of Bahrain, chaired the board meeting, which was attended by their Excellencies the Governors of national central banks in member countries, and in addition to participation of His Excellency GMCo’s president.

The Board meeting discussed a number of topics on the agenda and took the appropriate decisions in their regard.