1999 GMH Twentieth
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
As the 21st Century unfurls, the Group looks forward to new challenges
in both the mature and developing economies.
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.