• Most Popular
  • Most Shared

Qatar says Gulf single currency unlikely by 2010

MANAMA
Sat Dec 8, 2007 4:14am EST

MANAMA (Reuters) - Gulf Arab oil producers are unlikely to meet a 2010 deadline for monetary union, Qatar's prime minister said on Saturday.

Saudi Arabia, Qatar and their neighbors agreed to stick to their timetable for monetary union after a summit last week. Oman, one of six states that had agreed to the target date, said last year it had decided not to join by 2010.

The other states were also unlikely to meet the deadline, Qatari Prime Minister Sheikh Hamad bin Jassim bin Jabr al-Thani told a conference in Bahrain.

(Reporting by Mohammed Abbas;)


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets