GMH Twentieth Anniversary
- April 1999
IN ITS TWENTY YEAR HISTORY, the General Mediterranean
Group has experienced buoyant growth despite the
vagaries of the world financial markets. Teamwork,
determination and financial resilience have been
the keystones of its success.
GMH is represented in some thirty countries. Its
corporate aim has been to maximise profitability
whilst, at the same time, contributing directly
to the economics of its host countries. Consolidated
group assets exceed US$ 1.7 billion and the group
employs some 4000 staff worldwide.
As the 21st Century unfurls, the Group looks forward
to new challenges in both the mature and developing
Celebrating the event, GMH held a gala dinner
and musical entertainment at the Grand Ballroom,
Park Lane Hilton Hotel on 23rd April 1999 attended
by approximately 600 guests.
The welcoming speech was delivered by the Group
Chairman Mr Nadhmi Auchi followed by Lord Sainsbury,
Minister for Science and Mr Abdul Hadi Al-Majali,
Speaker of the Jordanian Lower House of Parliament.
After that Lord Sainsbury presented Mr Auchi,
on behalf of the British Prime Minister Mr Tony
Blair, with a commemorative painting of the Houses
of Parliament signed by Leaders of Her Majesty's
opposition, ministers and members of the Parliament.