PG monetary council to be established in 2010
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Saudi central bank chief and governor of the Saudi Arabian Monetary ...Source: AFP
The Saudi official added that Oman and the UAE were still in talks about the creation of the council. In June, 2009, Kuwait, Saudi Arabia, Qatar and Bahrain signed an agreement to establish a joint monetary union council as a prelude to creating a joint central bank for the four countries and launching...
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READ MORE: National Bank of Kuwait, Kuwaiti, Kuwait Financial Forum, Gulf States, Saudi Arabia, UAE, single currency
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President of Armenia went to Kuwait.
By: YerevanReporter
President Serzh Sargsyan to the two-day state visit today will head to Kuwait. According to the press service of the Armenian state, the first visit of the President of Armenia to the Persian Gulf since the proclamation of independence. During the visit Serzh Sarkissian will meet with the Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al-...
23 days ago
News Stories
- News Source: Press TV | 24 days agoThe Saudi official added that Oman and the UAE were still in talks about the creation of the council. In June, 2009, Kuwait, Saudi Arabia, Qatar and Bahrain signed an agreement to establish a joint monetary union council as a prelude to creating a...
- News Source: Zawya Political | 24 days agoKingdom of a move to “diversify assets away from the US dollar” and that he expects Saudi bank lending rates to continue rise. Muhammad Al-Jasser, speaking at the first Kuwait Financial Forum Sunday, added that the non-petroleum sector in the...
- News Source: 7days | 24 days agoA report of equity funds across the GCC has found that “the markets were positive, on a whole, in the third quarter of the year, although returns were much more subdued than those seen in the previous quarter”. Kuwait Financial Centre, said the...
- News Source: The Age | 25 days agoThe "procedures," such as the launch of the single currency, "will be completed in the correct way to achieve the required results," Jasser said on the sidelines of the first Kuwait Financial Forum. "It may be completed one year ahead or one year...
- News Source: Times of Oman | 25 days agoSpeakers at a Kuwaiti forum on Sunday urged energy-rich Gulf States to boost spending in order to speed up recovery from the economic crisis, as well as step up financial sector supervision. "We must activate public spending... It's time that Gulf...
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