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GCC banks $26bn in Jersey
- United Arab Emirates: Sunday, March 12 - 2006 at 08:10
Chief Minister of the State of Jersey, Senator Frank Walker told Gulf News that GCC states have deposited around $26bn, and that investments are higher in trusts and property, and other investment vehicles. He said oil revenues were one factor, but the regulatory standards and stability of Jersey were another.
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Peter J. Cooper
