Saudi Arabia assumes presidency of GCC Commercial Arbitration Center

Saudi Arabia was chosen to assume the presidency following a decision made during a board of directors meeting in December. (File/AFP)
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  • Saudi Arabia takes over the presidency from Bahrain

RIYADH: Saudi Arabia has assumed the presidency of the Gulf Cooperation Council’s Commercial Arbitration Center and will be headed by the Kingdom’s representative Fahd bin Ali Al-Omari, Saudi Press Agency reported on Monday.
Saudi Arabia takes over the presidency from Bahrain following a decision made during a board of directors meeting in December.
Tariq Yousef Al-Shammari, the center’s secretary-general, said that Al-Omari is regarded as one of the most prominent legal figures in the Kingdom, and holds a leading position in the Federation of Saudi Chambers.
He also served as vice chairman of the disciplinary committee in the Saudi Arabian Football Federation, and participated in several research projects on economic systems.
Bahrain’s representative and former president, Sami Zainal, praised the GCC’s accomplishments over the past year and the efforts made by the General Secretariat to achieve the center’s strategic objectives.
Oman’s Ali bin Salem Al Kasbi assumed the position of vice president.