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Labor Minister thanks the Custodian of the Two Holy Mosques, Crown Prince
Saudi Press Agency Published in Saudi Press Agency on 25 - 03 - 2009

Labor Minister Dr. Ghazi bin Abdulrahman Al-Qusaibi, who is also the Chairman of the Board of Directors of the General Organization for Social Insurance (GOSI), thanked the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud and Crown Prince Sultan bin Abdulaziz Al Saud, Deputy Premier, Minister of Defense and Aviation and Inspector General, for the issuance of Cabinet decision licensing the establishment of a Saudi joint stock company named Hassana Investment Company (Hassana) wholly owned by GOSI.
Meanwhile, GOSI Governor Soliman S. Al-Humayyd said that the establishment of this company will be an important factor in the development of GOSI investments and financial resources to achieve financial balance between its revenues and liabilities towards the contributors covered under the Social Insurance Scheme. The company will allow flexibility in investment decision-making.

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