Tuesday 24 December 2024
 
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GCC common currency

Bahrain green light for GCC currency

Bahrain has cleared the final hurdle towards joining a GCC common currency. Members of the Shura Council approved the move, which has already won the backing of parliament and the government. It means the path is clear for Bahrain

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DIFC outlines structure for Gulf central bank

The Dubai International Financial Centre Authority on Monday released a report outlining options for the institutional structure and governance of the proposed Gulf Central Bank. The proposal is a central requirement to meeting the January

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