Friday 31 October 2014
 
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Gulf Central Bank

UAE 'best qualified to host Gulf Central bank'

The UAE's central bank governor said a decision to base a joint Gulf central bank in Saudi Arabia was politically motivated and it ignored his country's financial advantages, state news agency WAM reported. Meanwhile a Saudi-owned

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UAE backs GCC monetary union plan

The UAE, which has expressed reservations over a decision to base the Gulf central bank in Saudi Arabia, was still supporting monetary union plans, a top official has said. GCC Secretary-General Abdulrahman Al Attiyah said the secretariat

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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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