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  The  Gulf Cooperation Council (GCC) , established over four decades ago, has been a platform for collaboration and trade among its member states, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. Despite facing various geopolitical challenges, such as regional conflicts, security threats, and financial vulnerabilities, the GCC remains committed to advancing peace, stability, and success within the Gulf nations. The  GCC’s  inaugural shared vision for territorial security is significant because it marks a historic moment in the organization’s history and underscores its commitment to fostering participation and exchange among its member states. The vision focuses on core standards of discretion, exchange, and peaceful conflict resolution, emphasizing the importance of settling disputes through negotiations and exchange rather than force or restraint. The GCC’s shared vision aims to enhance stability and security in the Gulf nations through improved ...

At the  Davos summit in Switzerland , officials noted that the six Gulf Cooperation Council (GCC) countries are working towards economic diversification rather than competing. The bloc has a GDP of $2.3 trillion a year and is on the path to becoming a $3 trillion GDP per annum economic zone by 2030, rising to $5 trillion by the middle of the century. Growth is driven by sound policy, excellent execution, simplification of business activities, and rapid decision-making. Sheikh Salman bin Khalifa Al Khalifa highlighted the importance of tourism and the GCC nations’ involvement in joint marketing and supporting the region. The GCC is expected to post growth of 3.6% and 3.7% in 2024 and 2025, respectively, higher than the World Bank’s forecast of 2.4% growth globally for this year. The non-oil sector has been driving growth in the six-member bloc, and the GCC and South Korea signed a free-trade agreement in December and a similar deal with Pakistan in September. Jasim Al Zaabi, chairma...