21.05.2009 - Blow to proposed GCC monetary union: UAE decides to quit
From Menareport.com: The UAE has decided not to be part of the proposed monetary union agreement between the states of the Gulf Cooperation Council, an official source at the Foreign Ministry said on Wednesday. The source said the General Secretariat of the Gulf Cooperation Council (GCC) has been officially notified today of the UAE's decision.......Full Article: Source