Gulf in the News – July 27, 2012

Al-Kharafi invites 2009 MPs for July 31 meeting – Opposition, youth launch “nation is source of powers” charter

Source: Kuwait Times (Read full story)

The new move comes amid reports that the government was contemplating either amending the electoral constituencies by an “emergency decree” or referring the electoral law to the constitutional court to rule on whether or not it breaches the constitution.
Opposition MPs insist that any change to the electoral law will be done in such a way as to enable the government to influence the outcome of any parliamentary election, which would effectively prevent the opposition from controlling a majority in the house as it did in the scrapped 2012 house.

UAE extends support to Somali forces

Source: Khaleej Times (Read full story)

In his speech, Al-Yafei said 2012 has been a year of great opportunity for the international community’s collective response to piracy off the coast of Somalia.  High-level international commitment to achieving a lasting solution to the piracy problem has been repeatedly demonstrated, as leaders from the government and industry have come together in meetings in London, Istanbul, Dubai, and this month in Perth, to seek ways to enhance the collective response.

GCC should benefit from euro experience, says Qatar official

Source: Arab News (Read full story)

The creation of monetary union became the primary objective of the six GCC members in the early 1980s. Four of them — Qatar, Saudi Arabia, Kuwait and Bahrain — formed a joint monetary council and a forerunner to a Gulf central bank in March 2010.
But the monetary council has since kept a low profile, and most observers believe any unification of the region’s currencies will not occur for at least five years.

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