Gulf may form common bourse

United Arab Emirates: Tuesday, March 04 - 2008 at 07:06

The head of the Abu Dhabi Securities Market said he expects Saudi Arabia, the UAE and four other Gulf Arab states to form a common stock exchange after completing a currency union planned for 2010, reported Bloomberg. The exchange would start 'some years' after regional monetary union, said Tom Healy, director general at the bourse, without being more specific.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, March 04 - 2008 at 07:06 UAE local time (GMT+4)

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