The UAE would like to see all Gulf oil exporters agree on a single currency within a landmark monetary union launched by four of them early this year, the country’s minister of economy was reported on Sunday as saying.
Sultan Al Mansouri said the heads of state of the six-nation Gulf Cooperation Council (GCC) would discuss the monetary union when they hold their annual summit in Abu Dhabi on Tuesday.
“We in the UAE believe in our common destiny in the Gulf region whether economically, politically or socially… we are one people and our leaders have their own views which are always wise and we respect them,” Mansouri told the Saudi Arabic language daily Aleqtisadiah.
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