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Abu Dhabi Summit will serve as turning point in GCC

The GCC leaders will gather here on 6-7 December 2010 for their 31st summit under the presidency of UAE President His Highness Shaikh Khalifa bin Zayed Al Nahyan.  Abu Dhabi is hosting the leaders as...

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UAE: No plans to depeg the dirham from dollar and join GCC

The UAE has no intention to depeg the dirham from the dollar and to join the GCC monetary Union, Governor of the UAE Central Bank said on Monday. “The UAE stance remains unchanged, Sultan Nasser Al...

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Unconditional welcome the invitation of Iraq’s accession to the GCC

Baghdad, 24 March (Rn) – The Committee on Foreign Relations representative, on Thursday, welcomed the invitation of Iraq’s accession to the GCC countries, describing the call to “late”, while stipulate...

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Iraq to join Gulf Cooperation Council (GCC)

Baghdad, March 24 (AKnews) – The Foreign Relations parliamentary committee said Thursday that it welcomes the invitation of Iraq to join the countries of the Gulf Cooperation Council (GCC), describing...

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GCC bankers discuss banking sector”s obstacles, credit issues

DOHA, March 24 (KUNA) — Participants in the 10th GCC Banking Conference discussed Thursday a host of issues ranging from problems facing the banking sector in the six GCC countries, and challenges and...

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The Currency Newshound: GCC Economic Profile and Iraq Comparison

The following is a cursory glance at the six nations which comprise of the GCC and how it compares to Iraq. The six nations which is made up of Kuwait, Bahrain, Oman, United Arab Emirates, Qatar, and...

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GCC timetable for reforms urged

Gulf oil producers need to set a timetable for economic and social reforms to satisfy public needs and avert unrest similar to that in other Arab countries, the head of the region’s private sector said...

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Analyst: Long term US goal; Merge Iraq, Jordan, and Egypt with GCC to counter...

Saw Anthony Nyukrk in the analysis of it, that the United States is arming Saudi Arabia sophisticated weapons by about a secret, and deal selectively with the current events in the region, noting that...

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Can a currency union ever work?

Not long ago people were discussing the prospect of a GCC currency union based along the lines of the euro. But now that the very future of the Eurozone looks uncertain should a common currency for the...

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ASEAN news:Foreign Ministers of ASEAN and GCC Meet in New York

MANILA, Sept. 28 --The ASEAN-Gulf Cooperation Council (GCC) Ministerial Meeting was held in New York on Monday, on the sidelines of the 66th Session of the United Nations General Assembly (UNGA).

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Egypt could be the next GCC member state, Gulf sources say

Egypt is being considered for incorporation into the Gulf Corporation Council (GCC).

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Washington and the Gulf are discussing the establishment of mini-NATO...

BAGHDAD - Babinaoz: With the approach of the U.S. withdrawal from Iraq by end of this year, is planning the administration of President Barack Obama to boost its military presence in the Gulf region,...

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GCC economy to gain $305bn in 2011: report

A surge in oil prices to their highest average of around $109 a barrel this year will add a whopping $305 billion to the economies of Gulf hydrocarbon producers while their current account surplus will...

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Reuters: Subsea cable network to upgrade Iraq links to GCC

DOHA, Nov 28 (Reuters) - Qatar-based Gulf Bridge International (GBI) is completing the final stages of a submarine cable network that will give Iraq fast, reliable connections to other parts of the...

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IMF questionable of a GCC monetary union

BAGHDAD - Babinaoz (Reuters) - A report to the IMF doubts about the achievement of monetary union plans Gulf because of the low correlation between the economies of those countries and the varying...

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GCC Chief reiterate relentless support of Gulf leaders for Gulf integration...

Secretary General of the Gulf Cooperation Council (GCC) Abdel-Latif Al-Zayani reaffirmed here Saturday the relentless support of Gulf leaders for Gulf integration and solidarity.

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GCC Summit set to begin December 19-20

The 32nd GCC summit is due to be held in Saudi Arabia on December 19-20 against the background of a chain of achievements at the levels of coordination and integration and amid diverse regional and...

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Al-Shemali: GCC Central Bank procedures in final phases

Kuwaiti Finance Minister Mustafa Al-Shemali RIYADH, Dec 18 (KUNA) -- Kuwaiti Finance Minister Mustafa Al-Shemali reiterated here on Sunday that the establishment of the GCC Central bank is in its final...

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GCC leaders to hold their 32nd summit today amidst exceptional circumstances

RIYADH, Dec 19 (KUNA) -- Leaders of the Gulf Cooperation Council (GCC) will convene their 32nd summit on Monday amidst exceptional regional circumstances.

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GCC calls for Iraq to fulfill UNSC resolutions; MP Nassif calls GCC stance...

Baghdad (news) .. was considered mass white support for the Gulf Cooperation Council for the establishment of the port of Mubarak, Kuwait's aggressive stance aimed at weakening Iraq economically and...

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