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UAE backs GCC monetary union planThe UAE, which has expressed reservations over a decision to base the Gulf central bank in Saudi Arabia, was still supporting monetary union plans, a top official has said. GCC Secretary-General Abdulrahman Al Attiyah said the secretariat More… |
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Bahrain says no new FX union deadline likelyBahrain's central bank governor said on Tuesday Gulf Arab oil producers were unlikely to set a new deadline this year for monetary union, although he reaffirmed that the 2010 target date would be 'difficult'. Rasheed al-Maraj also sai More… |
