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 Gulf Cooperation Council

The Cooperation Council for the Arab States of the Gulf (GCC) is a regional organisation created in May 1981 by Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and United Arab Emirates. Behind the creation was a general perception by these states of their vulnerability arising from their oil wealth in contrast to their small and dispersed populations (28 million), their vast surface area (2.6 million km2) and their limited military capabilities in a generally instable region.

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He even tried to propose in his speech the idea of closing down the Gulf Cooperation Council when he said that the gulf crisis "caused by our neighbors" prevented the existence of the Gulf region to function as a political entity. Perhaps, he forgot that his father's administration had been destabilizing the ...

banks across the Gulf Cooperation Council (GCC) are expected to see stabilisation of the financial profiles and performance from the second half of 2018 after two years of significant pressure, according to S&P Global Ratings. While analysts expect to see further easing of liquidity and funding with ...
From June 2014 to January 2018, oil prices plummeted from $115 per barrel to $68 per barrel, a 41 percent decline. Prices reached a low of $28 on January 19, 2016. As a result, the oil-exporting countries of the Gulf Cooperation Council (GCC) faced the longest period ever recorded of monthly ...
Senate Foreign Relations Committee Chairman Sen. Bob Corker, R-Tenn., is reopening U.S. arms sales to Gulf Cooperation Council member states, which he levied to pressure a resolution with Qatar. (Chip Somodevilla/Getty Images). WASHINGTON -- The powerful Senate Foreign Relations Committee ...
... the emir had already gained over 54,000 followers, with his first share receiving more than 36,000 likes. Al Thani's pioneering move shouldn't come as a surprise, considering he is the youngest reigning monarch in the Gulf Cooperation Council and one of the youngest sovereigns in the world, at age 37.

Riyadh hosted in May 2017 a landmark summit that brought together the leaders of the Gulf Cooperation Council, as well as US President Donald Trump. Tillerson is expected to continue his tour of the Middle East on Wednesday by heading to Jordan, where he is scheduled to meet with King Abdullah II ...
... also known as ISIS) group is far from over, the US Secretary of State has said, urging unity among Arab countries in the gulf for the sake of regional stability. Rex Tillerson says the rift between Qatar and its former allies in the Gulf Cooperation Council (GCC) - namely Saudi Arabia, the UAE and Bahrain, ...
The Gulf Cooperation Council's family businesses have shown confidence in their prospects for 2018, found KPMG. (Reuters). London - Mutlaq Muneer. The Gulf Cooperation Council's family businesses have shown confidence in their prospects for 2018, as they begin to adapt to the "new norm" of lower ...
Prime Minister Narendra Modi today attended the meeting with Business Leaders from Gulf Cooperation Council countries in Dubai. PM Modi painted the vision of a new India and shared the ease of doing business in India with the business leaders. The meeting was held on the sidelines of World ...
CANBERRA, Australia (AP) -- Qatar Airways' chief executive says the carrier will post an annual loss this year due to the land, sea and air blockade imposed on his country by other members of the Gulf Cooperation Council. But Akbar al-Baker told The Associated Press in an interview Tuesday that the ban ...
... the US Navy has used Arabian gulf since the 1991 Gulf War, citing a spokesman for the United States Fifth Fleet whose headquarters are in Bahrain. "It is commonly understood to be a friendly gesture of solidarity and support for our host nation of Bahrain and our other Gulf Cooperation Council partners ...
The Bahrain-US Free Trade Agreement -- one of only two such agreements the United States has with Gulf Cooperation Council (GCC) nations -- is the most salient symbol of our economic bond," he said. On September 14, 2004, Bahrain became the first GCC member and third Arab country to enter into ...
Riyadh, Feb. 11 (BNA): Gulf Cooperation Council (GCC) Secretary-General Dr. Abdullatif bin Rashid Alzayani received a delegation representing the EU Parliament Foreign Affairs Committee, led by Chairman David McAllister, currently on visit to the Kingdom of Saudi Arabia. Dr. Alzayani stressed solid ...
The Gulf Cooperation Council will soon implement a unified system to monitor speeding on roads in member countries. "This automatic system will be implemented very soon," said a senior officer in the Eastern Province Traffic Department. The new system will be introduced in coordination with the ...
Prime Minister Narendra Modi on Sunday laid out the many reforms in the economic sphere which he said are significantly improving the ease of doing business in India. He was addressing business leaders from the Gulf Cooperation Council (GCC) in order to boost India's trade and investment relations ...
At the same time, the volatility triggered by this divide has paved the way for Iran to expand its subversive regional activity without encountering resistance posed by a unified Gulf Cooperation Council (GCC). To this point, the U.S. appears to have taken a neutral position, but increasingly risks jeopardizing ...

Manama, Feb. 8 (BNA): Participants in the National Action Charter (NAC) Conference and Exhibition, organised by the Representatives Council, in cooperation with the international peace Institute (IPI), under the theme "Future Prospects, Sustainable Development and peace" have asserted their full ...
Since 2013, Oman, like most Gulf Cooperation Council (GCC) states, developed relations with Sisi's regime. In April 2015, Oman gave Egypt $500 million at the Egypt Economic Development Conference. Yet unlike Oman's fellow GCC members, the sultanate has been largely neutral in Egypt's internal ...
The Middle East is certainly not a region for the faint-hearted. There is ongoing geopolitical turbulence caused by the continuing conflict in Yemen, uncertainty in Syria and Iraq about the possible resurgence of terrorist group Islamic State and internal disputes within the Gulf Cooperation Council (with Qatar ...
"I also know that the capital markets Authority (CMA, the market regulator) has been working with other regulators in the Gulf Cooperation Council to have common regulations that would allow foreign companies to list in Saudi Arabia, or to have dual listings," she said. The Saudi stock exchange, based in ...
From here he will go to the UAE and Oman in a clear message that despite the hype and hoopla about the personal equation between Modi and Benjamin Netanyahu, Palestine as well as the Gulf Cooperation Council member countries continue to be vital to India's strategic interests. The Modi government ...
Riyadh: Dr Abdul Latif Bin Rashid Al Zayani, Secretary-General of the Gulf Cooperation Council, has received Esmail Ould Shaikh Ahmad, the outgoing UN Special Envoy to Yemen. He commended his efforts during his tenure to help the Yemeni parties reach a political settlement that puts an end to the ...
London: The US State Department has fired off a message to the Gulf Cooperation Council (GCC) countries, saying they should set aside their differences and work toward unity -- not least in order to defeat Daesh. In response to a question about America's current thinking on the rift with Qatar, US state ...
Oman is India's oldest strategic partner among Gulf Cooperation Council members. An Indian PM is visiting Oman after 9 years. Ahead of that visit in an exclusive interaction with ET, Oman's Ambassador to India Hamed Saif Al-Rawahi informs that PM Narendra Modi's trip will be marked by achievements in ...
This is a fundamental tenet recognised by every Muslim, every Arab and every ally aligned with the Saudi Kingdom, and are long-established principles at the United Nations, Arab League, Gulf Cooperation Council and in a whole range of international organisations, treaties, agreements and bodies.
"Qatar should focus on its own internal issues, and it needs to settle matters with GCC (Gulf Cooperation Council) countries." Trying to internationalize Hajj could have far-reaching consequences for Qatar, he said. "There's no justification for this when Muslims are happy about the arrangements made by ...
The UAE is currently Malaysia's largest trading partner among the Gulf Cooperation Council (GCC) countries, where the volume of trade exchange between the two countries stood at Dh15.4 billion in 2016. Malaysia's direct investments in the UAE by the end of 2015 amounted to Dh1.6 billion, while the ...
The first US-Qatar Strategic Dialogue marked a watershed moment in the Washington-Doha alliance and an important point in the eight-month-old Gulf Cooperation Council (GCC) crisis. The strategic dialogue served to reaffirm Washington's support for Qatar amid the gulf dispute and both countries' ...
It also had a 43 percent share of the UAE's total non-oil trade with Gulf Cooperation Council countries (GCC) in 2016 and is the country's most important Arab commercial partner, with a 27 percent share of the UAE's total non-oil trade with Arab countries during that year. In terms of exports, Saudi Arabia is ...
London--(Business Wire)--A.M. Best has a negative outlook on the insurance markets of the Gulf Cooperation Council (GCC). Insurers in the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) have historically enjoyed significant capital buffers and benefited from extensive ...
Energy has been one of the key aspects of India's engagement with the gulf countries, including the UAE and Oman. Kumar said the Gulf Cooperation Council (GCC) -- a political and economic alliance of six countries (Saudi Arabia, Kuwait, the UAE, Qatar, Bahrain and Oman) -- accounted for 20 percent ...
In the last four years, TRS MPs, Ministers and MLAs made 'show-off' visits to the Gulf Cooperation Council (GCC) nations to participate in various festivals such as Bathukamma, Dasara etc. organised by poor migrant labourers, but totally failed to fulfil the promises made to them. As per Ministry of External ...
Manama: Bahrain's Prime Minister Prince Khalifa Bin Salman Al Khalifa said that the remarkable stability in the Gulf Cooperation Council (GCC) countries was mainly achieved thanks to the special relations and bonds between the leaders and their people. "These are truly unique bonds that are rarely seen ...
Saudi Arabia, Bahrain, UAE and Qatar are all members of Gulf Cooperation Council, or GCC. Tillerson and Defense Secretary Jim Mattis co-hosted the inaugural U.S.-Qatar Strategic Dialogue with Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani and Defense Minister Khalid bin ...
The creation of the Gulf Cooperation Council (GCC), established in 1981 to confront Iran and Iraq, did not serve as a long-term solution, in part because it did not alter its scope from a military agreement to an official treaty un. The Association of Southeast Asian nations (ASEAN) is a model for cooperation ...
"The only person who can solve the GCC [Gulf Cooperation Council] issue is President Trump," Qatari Minister of State for Defense Khalid bin Mohammad al-Attiyah said at a Heritage Foundation forum today. "He can solve it in a phone call." Soon after Saudi Arabia launched the blockade last year, Trump ...
The U.S. secretaries of state and defense on Tuesday called on all sides in the dispute between Qatar, Saudi Arabia and the United Arab Emirates (UAE) to calm tensions among the Gulf Cooperation Council (GCC) members. "It is critical that all parties minimize rhetoric, exercise restraint to avoid further ...
"Premium growth in the Gulf Cooperation Council countries remains robust compared to most mature markets, reflecting in part the GCC's faster economic growth and the introduction of compulsory insurance." Insurance in the GCC has suffered from the economic slowdown in the aftermath of the 2014 oil ...
For HSBC, which was bookrunner last year on 42 bond deals in the Gulf Cooperation Council, which comprises Saudi Arabia, the UAE, Qatar, Bahrain, Oman and Kuwait, this could present a particularly tricky juggling act. HSBC arranged $14.8 billion of bond issuance out of a total of $90.4 billion, the ...
Representatives of the six member states of the Gulf Cooperation Council (GCC) signed the VAT Framework Treaty early last year, confirming the introduction of a formal VAT system in all the member states although only the UAE and Saudi Arabia launched this year. The rate is initially set at 5 percent, and ...
NATO-Kuwait ICI Regional Center, which commenced its activities last year in cooperation with local bodies, will cooperate this year with ICS states and the Gulf Cooperation Council (GCC) countries on various issues of common interest. The meeting was attended by Ambassador alejandro Alvargonzalez, ...
When we talk demographics in this major Gulf Cooperation Council country, more than 70 per cent of the population is under the age of 30. This is the age group that attracts most of the attention. This group is sizeable and part of a dominant workforce to whom the kingdom's various branches of government ...
In turn, although Turkey's leadership is keen on improving commercial, defense, investment and trade ties with the wealthy sheikdoms of the Arabian Peninsula, there is also a growing perception in Ankara that certain elements within the Gulf Cooperation Council (GCC) are working with Egypt to ...
Ankara has for years had deep economic and political relationships with Gulf Cooperation Council (GCC) members on both sides of the diplomatic rift. Although on one hand, the GCC's diplomatic row has afforded Ankara an opportunity to demonstrate its true commitment to Qatar as Doha's closest regional ...
For HSBC, which was bookrunner last year on 42 bond deals in the Gulf Cooperation Council, which comprises Saudi Arabia, the UAE, Qatar, Bahrain, Oman and Kuwait, this could present a particularly tricky juggling act. HSBC arranged US$14.8 billion of bond issuance out of a total of US$90.4 billion, the ...
Prior to the dispute, Qatar had focused on economic integration within the Gulf Cooperation Council [GCC], a six-member trade bloc with a common market and customs union. Now it's diversifying rapidly. "Today we are really focusing on other countries... We are getting our supply chain from more than 80 ...
According to Dr Ahmad Bin Hassan Al Shaikh, vice-chairman of Ducab, the new company has already signed rod supply contracts with customers across the GCC (Gulf Cooperation Council), India, Lebanon, North America and select markets in Africa. Further expansions are also being planned for Latin ...
The ICRC has opened its regional delegation in Kuwait in the aftermath of The Gulf War in1991. At present, the regional delegation for the Gulf Cooperation Council (GCC) countries focuses on helping the people who suffered during the gulf war, as well as the other people who need help due to the current ...
Trump also reiterated his support for a united Gulf Cooperation Council (GCC) that is "focused on countering regional threats", a White House statement said. "The president thanked the emir for Qatari action to counter terrorism and extremism in all forms," the statement added. "The leaders discussed areas ...


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