The GCC council once had a dream of comitting itself to creating an economic bloc and a unified currency that would overtake their individual currencies such as the EU example, dubbed the Khaleeji Dinar. That dream evaporated though with the Sultanate of Oman pulling out of the so-called agreement to initiate such a reality because of its individual obligations towards its own independent issues.
Gulf Air was an example of true unification economically, when it was formed by the GCC countries governments; UAE - Abu Dhabi; Sultanate of Oman; Qatar; Bahrain with the exception of Kuwait. Qatar later on pulled out for the same reason with tightening their money flow into Qatar Airways. Later on, Abu Dhabi did the same for Al Etihad Airlines; Abu Dhabi's national carrier. And now, the Sultanate of Oman has pulled out from Gulf Air to go on to concentrate on their national carrier; Oman Air.
Is there any space for any cooperation between the GCC countries after all these happenings or is this the end of that age-old era?
Although no one would admit it, it seems that everyone of the GCC countries are now more focused on their own individual needs more than ever. Its just not funny anymore. They are even competing with each other in terms of investments, opening up their economies, rights movements, high risers and large infrastructure projects and now airlines.
Does it ever stop?
To me this is typically one of the small signs that were told to us of Judgement Day nearing. Laugh all you want. But I truly believe this to be.
Friday, May 11, 2007
individualism & Judgement Day
Posted by Sleepless In Muscat at 01:27
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4 comments:
I don't think KSA was ever part of Gulf Air. At the start it was Bahrain, Abu Dhabi, Qatar and Oman.
I always thought that the KSA was a part of Gulf Air. But as it turns out, as you pointed out - it was not.
Thank you for pointing this out.
then why don't u edit your article? thats what a credible journalist would do
Anonymous:
a credible journalist would print a retraction and an errata. but seeing how you're so wound up in this little mistake, I'll just take you on the basis of how little your vision is.
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