The 39th Gulf Cooperation Council Summit was inaugurated by the King Salman of Saudi Arabia in Riyadh. It was announced at the conclusion of the summit that the 40th Gulf Cooperation Council (GCC) summit will be held in the United Arab Emirates.
The presidency of GCC shifts among the six members based on the Arabic alphabet. Although the 39th summit was held in Riyadh upon a request from Oman, Oman will be the president for the next 12 months.
Source- The Gulf News
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- The Gulf Cooperation Council was established in 1981 in Abu Dhabi.
- The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE.