Plans for GCC central bank veer off track

Gulf states have yet to decide on the location of a regional central banking hub almost seven months after they were scheduled to announce the hub's site.

Reuters, a news agency, reported Hamood Sangour Hashim Al-Zadjali, the executive president of the Central Bank of Oman, as saying on Monday that representatives of the six Gulf Cooperation Council (GCC) states had yet to decide on the location of the monetary authority.

"A signature is still not there on the agreement because there is still

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: