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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Abu Dhabi, Saudi in race for GCC central bank

Posted on 18 May 2009

From Maktoob.com: A decision on where to base a regional central bank for the oil-rich Gulf Cooperation Council appears to be a two-horse race between Abu Dhabi and Saudi Arabia heading into a crucial meeting in Riyadh.

Saudi, the world’s swing oil producer and the region’s largest economy, is the most likely choice given its sheer size……..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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