NEWS
AS GULF COUNTRIES ARE CHOOSED TO HOST WORLD PRODUCTS FAIR AND EXPO, 2026
GULF COUNTRIES AS EMERGING GLOBAL MARKET
“GCC nation” refers to a member country of the Gulf Cooperation Council (GCC), a regional political and economic alliance of six countries in the Middle East: Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Bahrain, and Oman. The GCC was established in 1981 to promote cooperation, economic integration, and stability among its members.
- Economic Cooperation: The GCC facilitates a common market and aims to remove barriers to trade and investment among member nations.
- Political and Security Cooperation: The alliance works to strengthen ties and cooperation in areas like security, as well as to address shared interests.
- Cultural and Social Exchange: The GCC promotes unity and exchange of knowledge and experience among residents of the member nations.
- Other Initiatives: Members are also pursuing e-government services and working on economic diversification beyond oil and gas.