02.06.2009 - GCC bank solution is crucial

From Gulfnews.com: The decision of Gulf Cooperation Council (GCC) leaders on May 5 to select Riyadh as the location of the GCC Central Bank (GCB) was an unexpected surprise to the UAE and many experts who were following the negotiations. However, the announcement by the UAE that it will pull out of the GCC monetary Union in protest against this decision was also equally unexpected.........Full Article: Source

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