The paper discusses the pros and cons of creating a single currency among the Gulf Cooperation Council (GCC) countries. While there are economic benefits to a monetary union, the lack of political integration and effective institutions poses significant challenges. Without strong political unity and shared accountability, a monetary union may not be feasible at this time. Economic integration and a common market could still bring advantages to GCC members, even without a single currency. Political integration would likely be necessary for a successful monetary union in the future.