The foreign ministers of the Gulf Cooperation Council held a preparatory meeting on Monday ahead of a summit scheduled for Kuwait on Tuesday, reported the Saudi Press Agency (SPA).
The Saudi delegation was headed by FM Adel al-Jubeir.
First Deputy Kuwaiti Prime Minister and FM Sheikh Sabah Khalid al-Hamad al-Sabah said during the opening of Monday’s meeting that the GCCRead more
From 1 January 2018, any business operating in the Gulf Cooperation Council (GCC) group of nations that earns revenue of Dhs 375,000 or more, will be legally required to register as a value-added tax (VAT) vendor.
The new VAT law has come as a shock to many businesses – especially small enterprises – who are accustomed to operating in aRead more
Qatar could face more sanctions, including its ouster from the Gulf Cooperation Council, according to Gulf diplomatic sources.
Gulf states are currently looking to impose a list of trade sanctions that would target states and companies dealing with Qatar, in order to escalate pressure on Doha and force it to implement the list of 13 demands submitted by Saudi Arabia,Read more
Saudi Minister of Energy Khaled Al Faleh stressed the strong relations between Egypt and Saudi Arabia in different fields, saying that the meeting of Arab ministerial council conducted in Cairo comes to reflect the historic relations between the two countries. He expressed his country’s aspiration to the meeting which will gather between Egypt’s President Abdel Fattah Al Sisi and SaudiRead more
The Hasm al-Uqban maneuvers will kick off on Sunday in Kuwait and end on April 6.
Saudi forces, military forces from the Gulf Cooperation Council countries and the US will participate in the exercises which will be held in Kuwaiti waters, airspace and land.
These maneuvers are considered one of the biggest military exercises on the regional and international levels. Read more
The labour force in manufacturing industries in the Gulf has more than doubled from 774,000 workers in 2005 to more than 1.6 million workers in 2015 registering a compound annual growth rate (CAGR) of 7.8 per cent, a new report reveals.
In its report on “Labour Force and Productivity of Manufacturing Industries in GCC Countries”, the Gulf Organisation for IndustrialRead more
Gulf Cooperation Council (GCC) Secretary-General Abdullatif bin Rashid Alzayani met with the Special Envoy of the UN Secretary-General to Yemen Ismail Ould Cheikh Ahmed and discussed the current political, security and humanitarian situation in Yemen.
The two sides reviewed the efforts of the UN Envoy to pursue the peace consultations and push the political process forward in Yemen on theRead more
New Zealand is optimistic it will complete its stalled free trade deal with the Gulf states this year as part of efforts to deepen economic ties with the region, Minister of Foreign Affairs Murray McCully said on Monday.
Trade talks with the six-member Gulf Cooperation Council (GCC) wrapped up in 2009 but the deal was never ratified by the partiesRead more
UN Security Council unanimously adopted resolution 2342 renewing the mandates of Yemen's sanctions committee and the Panel of Experts.
The resolution reaffirmed the need for the "full and timely" implementation of the political transition following the comprehensive National Dialogue Conference, in line with the Gulf Cooperation Council Initiative and Implementation Mechanism, and in accordance with Security Council resolutions and withRead more
Investors were urged Wednesday to stimulate economic change and work to enhance the labor market during the 6th Gulf Education Conference and Exhibition.
The Federation of GCC Chambers at the University of Business and Technology hosted the event to create a competitive atmosphere among more than 60 Gulf, Arab and European universities to support cooperation.
Ahmed Al-Isa, Saudi Arabia’s ministerRead more