Having met only two weeks ago in Abu Dhabi, followed by Istanbul, finance ministers and central bank governors from the Gulf are now congregating in Muscat, setting the agenda for the Gulf rulers’ summit in Kuwait next month.
The meeting is set to focus on the monetary union — facing challenges after the UAE followed Oman in withdrawing from the plan for the euro-style single currency bloc.
Most of the participants – who also include number of key Gulf commercial bank chiefs and Dominic Strauss-Kahn, head of the IMF — are here for less than 24 hours though. They are meeting for dinner tonight in the luxury seaside hotel set in a bay surrounded by rugged mountains, once a paradise for treasure smugglers.
(Photo: the royal palace in Muscat)
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Would you say they’re “confident” of the “resilience” of their economies and is Dubai still Dubai?
- Posted by Zoraa Hassan