July 14th, 2014 / September 27th, 2018
Role of the GCC

Leaders of the Gulf States felt an urgency to join forces after they were challenged by the 1979 Islamic revolution in Iran and its possible spillover in the region. On 26 May 1981, in Abu Dhabi the Gulf Cooperation Council (GCC) Charter was signed by the heads of state of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). Although security and strategic issues were the driving force behind the initiative, the charter largely focuses on economic and cultural cooperation.
Role of the GCC Special Files
Fanack offers a special file on the role of the GCC in the region.
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GCC investments in the West
After their independence, some of the Gulf Cooperation Council (GCC) member states created ... -
Low Oil Prices in the GCC: Handouts Handcuff the Oil Kings
No matter how rich, the care-free life of the past decade or so is at risk. In April 2015,... -
Why Oil-Rich Gulf Countries Should Go Solar
Gulf countries are as richly endowed with renewable resources as they are with hydrocarbons.... -
Low Oil Prices: the End of Gulf-style Five-star-socialism?
The oil price drop has effected the GCC countries, where for the first time, the gulf governments... -
Movies in the Arab Gulf: What’s On?
Currently, there are national debates in the Arab Gulf on how to invest in local cinema production.... -
Low Oil Prices in the Gulf: A Blessing in Disguise?
The low oil prices are no longer seen as only temporary. And the way things look—with continuing l...
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