30.03.2010 - Gulf cbanks to seek ways to push monetary union

From Arabianbusiness.com: Central bank governors from four Gulf states will focus on how to push monetary union forward at a meeting in Saudi Arabia starting Tuesday, rather than how to bring back the UAE and Oman, analysts say. Gulf rulers have endorsed a much delayed plan for monetary union in the world's top oil exporting region despite the absence of the UAE - the bloc's second biggest economy after Saudi Arabia - and Oman......................................Full Article: Source

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