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18 April 2024

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In cooperation with Jordan, UAE economist proposes to offer unified Gulf currency

18-05-2023 10:15 AM


Ammon News - Khalaf Al Habtoor, Chairman of the Board of Directors of the Emirati Al Habtoor Group, said that he proposes offering a unified Gulf currency in cooperation with Jordan and Egypt.

The largest real estate project in the world is owned by Al Habtoor group, and its cost is about one billion dollars, Al Habtoor said, adding that Al Habtoor Group's investments in Lebanon amount to 500 million dollars, and the group hopes to return it.

Turning to the financial markets, Khalaf Al Habtoor said that the group is considering listing in the financial markets every two years, and will enter it at the right time.

He also said that the best investments at the present time are in Central Europe, and that the European economy is now in danger.

CNBC




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