UAE | General
GCC summit to stick to 2010 currency deadline
There have been speculations the deadline would be extended five year after Oman and the UAE said that were not ready to join the single currency pact.
- By Mohammed Almezel, Deputy Managing Editor
- Published: 08:57 December 4, 2007
-
UAE and Iranian leaders hold meeting
UAE and Iranian leaders hold private meeting
-
Qatar Emir warns of grave dangers
Qatar Emir warns of grave dangers threatening our homelands
-
Iran avoids nuclear talk
Iran avoids nuclear talk
-
Ahmadinejad calls for cooperation
Ahmadinejad calls for greater cooperation between GCC and Iran
-
Iran to make new proposals
Iran to make new proposals on Gulf cooperation
-
Iran to ease GCC nuclear fears
Iran to ease GCC nuclear fears
-
N-power for peace: UAE supports Iran
UAE supports Iran's peaceful use of N-power
-
Shaikh Abdullah arrives in Doha
Shaikh Abdullah Bin Zayed arrives in Doha
-
Currency deadline could be till 2015
Single currency deadline could be extended to 2015
Doha: The summit will stick to the originally set 2010 deadline to issue a unified Gulf currency, a senior Gulf official told Gulf News on Monday.
"There will be no new deadline but an affirmation of the original deadline," in the final communiqué to be issued on Tuesday, the official said on condition of anonymity.
There have been speculations the deadline would be extended five year after Oman and the UAE said that were not ready to join the single currency pact.
"We still have two years to go where states can gear up to it. Otherwise the unified currency agreement can be launched by those who are ready. Others can join later," the official said, pointing out that the Euro was introduced in a similar two-speed mechanism.
Share this article
Related Articles
Popular in UAE
-
Your pictures
Readers' pictures
The best reader pictures from around the UAE this week
Latest news
- Notes gets lowdown on careers advice
- Hope for the confused student
- Students across the region debate environmental issues
- Notes in Brief
- Student makeover
- Walking for a healthier tomorrow
- DMA looks to infrastructure development
- Haj pilgrims from UAE get quality services
- There's something to sing and dance about in Sonapur
- Local students shine at Dubai media awards
- Charity trek to frozen heights raises Dh180,000
- Parents want pupils dropped off inside schools
- Community event to salute selfless citizens
- Time to properly deal with waste
- Focus on Guggenheim: Abu Dhabi keeps art lovers hooked
Community Reports
-
Keeping out curious cats in Abu Dhabi
Felines trapped in electrical substations create a nuisance
-
Construction site turned into dump
Sharjah residents using abandoned spot to dispose of waste
-
Stop disregarding road rules
Gulf News reader calls on authorities to curb reckless driving during rush hours in Mussafah industrial area underpass
-
Public transport is the way to go
Residents must stop complaining about feeder buses taking up parking space
