Gulf officials call for UAE, Oman to rejoin monetary union

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Finance ministers and central bank governors from the four Gulf Cooperation Council members that remain committed to monetary union have urged the United Arab Emirates and Oman to re-enter negotiations.

Officials from Bahrain, Kuwait, Qatar and Saudi Arabia on Saturday attempted to reach out to the United Arab Emirates and Oman by urging them to reconsider their decision to leave the proposed monetary union. However, they added that once members were in agreement, plans for a Gulf central bank a

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