Friday 25 July 2014
monetary council

GCC to set up monetary council in 2009

Gulf Arab states are poised to launch a common monetary council, the precursor to a regional central bank, in 2009, the head of the Gulf Co-operation Council (GCC) said in remarks published on Tuesday. 'We look forward to set up the mo


Feasibility study on GCC railway almost over

A feasibility study for a railway network between the six GCC countries is almost over, stated Abdulrahman Bin Hamad Al Attiyah, secretary-general of the Gulf Cooperation Council. 'Plans for the GCC railway project are well advanced an

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