GMCO's members include the national monetary agencies and central banks of the Member States, the signatory countries of the GCC Monetary Union Agreement, namely, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, the State of Qatar, and the State of Kuwait.
Under the Law of the Central Bank of Bahrain and Financial Institutions issued on 6th September 2006, the CBB was established, replacing the Monetary Agency of Bahrain...
SAMA was established by a Royal Decree issued on 20th April 1952, providing for approving SAMA's Charter and its subsequent laws, the last of which was the Currency Law No. 6 of 1959.
Qatar Central Bank was established by QCB law & the regulation of financial institutions law and its subsequent laws, the last of which was Law No. (13) issued in 2012.
Under the Law concerning Currency, the Central Bank of Kuwait and the Organization of Banking Business issued on 30th June 1968, the CBK was established, replacing...