Business | Markets

Gulf policymakers to discuss new steps to boost markets

Gulf Arab policymakers would discuss new ways of helpign the region cope with the global financial crisis, Al Arabiya television reported on Saturday.

  • Agencies
  • Published: 14:31 October 25, 2008
  • Gulf News

Dubai: Gulf Arab policymakers would discuss new ways of helpign the region cope with the global financial crisis, Al Arabiya television reported on Saturday.

Gulf Arab central bank governors and finance ministers are holding an emergency meeting in Riyadh, Saudi Arabia, on Saturday to discuss how they coordinate their responses to the crisis.

The steps being considered include directing more government funds into bank accounts and regional stock markets.

The policymakers would also look at possibly revising investment plans abroad, Al Arabiya reported.

  • Rate this article
  • Average reader rating (0 votes) 0 Stars
Tools

Emailing an article to friend is a simple way to share a news item. Your friend will receive an email with your name and email address as well any personal message you choose to send.

The information you provide on this page will not be used to send unsolicited emails.

This service is not intended to encourage spam, and action may be taken against individuals who maliciously enter personal details of another individual.

Share this article

Related Articles

  1. World stock markets decline

    World stock markets decline

    Stock markets decline to lowest levels amid fears of financial crisis

  2. Leaders urge key IMF role in credit crisis

    Leaders urge key IMF role in credit crisis

    Leaders urge key IMF role in credit crisis

  3. UAE opens liquidity taps for banks

    UAE opens liquidity taps for banks

    UAE opens liquidity taps

  4. Asian nations commit to $80b fund

    Asian nations commit to $80 billion emergency fund

  5. Dropping US home prices lure bargain-hunters into market

    Dropping US home prices lure bargain-hunters into market

  6. Interest rate cut looms as Indian economy's slowdown goes deeper

    Interest rate cut looms as Indian economy's slowdown goes deeper

  7. Inflation slowing as expected, says Indian finance minister

    Inflation slowing as expected, says Indian finance minister

More from Markets

  1. Stocks rise as dollar tumbles

  2. Dollar carry trade has hidden pitfalls

  3. UAE stock markets gain

  4. Middle East stocks likely to remain range-bound

All articles in Markets

More from Business

Gulf News
Popular in Business
Way to go this DSF
XPRESS

Way to go this DSF

A fun-filled route to guide you to all the happening dos in town

Business Editor's choice