RegionalpowerhouseSaudiArabiasnubbeditsformerallyQatarattheannualsummitTuesdayofGulfmonarchiesasKingSalmanstayedawaydespitethepresenceoftheQatariemir.Thecrisis-
SaudiArabia,theUnitedArabEmirates(UAE),andBahrain,alongwithEgypt,brokediplomaticrelationswithQataronJune5andsimultaneouslyannouncedatradeembargo.Thetraderestric
U.S. President Barack Obama met on Wednesday with King Salman bin Abdulaziz in the Saudi capital of Riyadh ahead of a summit with leaders of the Gulf Cooperation Council (GCC) countries.
Visiting Chinese President Xi Jinping met here Tuesday with Secretary-General Abdul Latif bin Rashid Al Zayani of the Cooperation Council for the Arab States of the Gulf (GCC) and the two sides agreed to boost trade and energy cooperation.
The tense relations between Egypt and Qatar have been escalating regardless of reconciliatory efforts led by late Saudi King Abdullah and amid uncertain position of his successor King Salman.
Asian countries, China and India in particular, are poised to become the biggest trading partners of the six Arab oil states of the Gulf Co-operation Council (GCC) countries, said a report released on Tuesday by the Economist Intelligence Unit (EIU) and Dubai-based Falcon and Associates.