RealNews

Saudi urges Gulf Arabs to back economic union

Saudi Arabia called on Gulf Arab leaders meeting in Riyadh on Saturday to set aside their differences to make economic union a reality in the energy-rich region. Addressing the opening session of a two-day Gulf Cooperation Council (GCC) summit that will assess progress on a planned monetary union by 2010, Saudi Arabia’s King Abdullah said GCC countries were hampered by reservations and obstacles. Full Story

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